(Image source from: Economictimes.indiatimes.com)
Thousands Of Micro, Small Businesses For Sale In India:- The coronavirus pandemic left an unforgettable remark and impact. Crores of people passed away and crores of people are left jobless due to the pandemic. After a long shut because of the spread of the coronavirus, lakhs of small and micro businesses lost trace in India. The stress continues as several businesses are yet to reopen on a complete note. Several supermarkets, restaurants, pharmacy stores, kirana stores, beauty saloons, manufacturers and logistic service providers are shut. Some of them are in plans to sell their business to come out of the financial stress and the lost investments. There are various other reasons too for the sale.
Though some of them had to revive their businesses, the decreasing the customer base is the major reason to sell the business to prevent further losses. The sales turnover has been badly hit in most of the fields. Some of them lost big amounts and had no finance for new investments. Several others are suffering from health issues and the lockdown related challenges. As per the reports from SMERGERS on MSME, a total number of 1.65 lakh businesses are listed or same. The financial stability of lakhs of Indian families are shattered because of the coronavirus pandemic.