1. Businesses
  2. Retail/Wholesale
  3. Karnataka
  4. Bangalore
  5. SL003129
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Running Supermarket for Sale in Bangalore

Listing ID: SL003129
Posted By: Owner
Last Active: 1+ year ago
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About Business

This is a running supermarket business that was started in October 2015. It covers a total carpet area of around 1700 sq.ft with a monthly rent of INR 70000 on a well-renowned location. The monthly sales of the supermarket is INR 9 lakhs, excluding vegetables, Gift Articles, Toys, and Water. As its a 2 years old supermarket, the store is listed for special programs with distributors. It has multi-storey apartments in its surroundings where there are less self-service outlets. The current staff is 3 with a salary of INR 20000. The owner of the business is Sr Bank Manager Left the job and started this business. The turnover for the year 2016-17 was INR 1 Cr with a net profit of INR 15 Lakhs. The asking price of the business is INR 15 Lakhs (stock excluded, depending on how much stock is left)

Reason

Owner has interest to start web based Software business and Startup companies

Keywords

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Business Tags

Good Location Good reputation High Potential Wide range of Products

Business Exit for ₹10 Cr – 200 Cr

Structured Transition Completed in 120 Days

Credible Buyer Connections, Confidential Discussions, and Seamless Closure

Supported by Advisors with 26+ Years of Experience

Contact IBGrid Team

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Before buying a Supermarket for Sale in Bangalore - Buy Supermarket, check:
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  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a 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?

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