- February 25, 2024
- 33 Views
Business Overview
– We have around 35,000 customers enrolled in our loyalty program.
– Daily footfall of 1,000 customers on average across all the stores.
– It’s a well-established business.
– We provide door delivery service too and receive around 100-150 daily.
– The financials mentioned is for all the 3 stores together.
– The sales have dropped due to the closure of one of the stores. Last year we had 4 operational supermarkets and this year we have 3.
Products & Services Overview
Groceries & Staples.
FMCG.
Dairy products.
Perishables.
Beverages.
Confectionery.
Stationary and all general items.
Assets Overview
Tangible – Racks, freezers, chillers, POS systems, desktops, ACs, led lights, fans, 3 two-wheeler delivery vehicles and 1 tata ace truck, cc cameras, trolleys, baskets, creates, weighing machines, billing counters, stock and inverters.
Intangible assets – brand, inventory management, and billing software, and customer base of around 35k.
Facilities Overview
– Around 4,500 sqft across all the 3 stores located in the center of the city out of which 2 are located in Secunderabad and 1 is located in Hyderabad.
– We pay a monthly rent of INR 2.3 lacs with a 5-8 years lease across all the stores.
Capitalization Overview
– Loans & Debts – N/A.
– Self-funded family-run business.
– It’s a partnership firm with 2 partners of 50% stake each.