Successfully Running Pharmacy Chain Seeking Funds to Expand into Supermarkets

Varanasi, Uttar Pradesh, India

Retail

Investment
1 Crs

Category
Retail

Turnover
6 Crs

Sub Category
Supermarket

Legal Entity
Proprietorship

Business Listed By
Business Owner

A Successfully Running Chain of Medical Pharmacy Stores wants to expand operations into the Supermarket arena in Varanasi is Seeking Funds for Expansion. They already have running 4 Medical Store and 1 Supermarket in different location and would now like to open 3 more supermarket stores across Varanasi. They have also taken permission for medical store and are planning to implement it on their running stores. All their store are on rented premises with a rent of 90,000 per month for 4 shops. New location for their up coming store has already been selected. We need investors to invest in my projects so we can open more franchises pan India level. We are 15 % annually growth company and we want angel investors.

Year of Establishment

2016

No. of Employees

24

Current Status of Business

Running Profitable

Business Relocatable

No

Purpose of Joint Venture

Financial ()

Role of New Partner

Silent

Property Type

Leased

Rental per Month

40 Thousand

Proposed Deal Structure

2.5% Equity Share with the investment of 1 Rs. Crore

Competition / Market

Yes, we have competition and now would like to expand.

Products & Services

A Successfully Running Chain of Medical Stores wants funds to expand in the Supermarkets cum Pharmacy concept in Varanasi

Growth Potential

Yes, we have great growth potential and are planning to open more supermarkets.

Financial Details

EBITDA N.A

PAT N.A

Debt N.A

Business Documents

Teaser/Information Memorandum

Valuation Report

Financials

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