Retail Business Raising Funds For Expansion In Chennai
Email
Phone
Google
LinkedIn
Facebook
Product / Service
They offer a wide range of products, including fresh vegetables and fruits, groceries, rice, textiles, and kitchen wares. Their diverse product lineup caters to both everyday essentials and specialty items, making them a one-stop solution for their customers.
Clientele type
Their business model includes both B2B and B2C operations, dealing with nearly 300 grocery stores in the B2B segment.
Premises
LEASED
Lease per month (in INR): 2.26 L
Security Deposit (in INR): 10.50 L
Carpet Area: 7,000 sq ft
They operate from a main location, with an additional branch in Kolathur, which spans 1,500 square feet.
Asking Price Includes
The details will be discussed with potential buyer.
Reason
The promoter seeks investment to boost sales and advance their business goals.
Other Details
They have started this business in 2020, they have quickly expanded their operations and also manage another website, focused on the domestic market. They have a strong team consisting of nearly 90 salaried staff members and approximately 500 freelancers dedicated to business promotions. Their goal is to register nearly 500,000 customers across Chennai, with a strategic project in place to achieve this target within three months. Their rapid growth and ambitious plans highlight their commitment to becoming a major player in their industry.
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?
