Moscow franchisee retail network “Monetka” is for sale

The founders of retail network “Monetka” Sergey Lomakin and Artyom Khachatryan put it up for sale. There are nearly 100 stores in Moscow, the network is estimated at up to $200 million (according to some sources, up to $200 million). “Monetka” (LLC “Investproekt”) is a franchisee of the Ural network, which now numbers more than 400 stores.

The revenue of LLC “Investproekt” amounted to 7.6 billion rubles. a debt is 4 billion rubles in 2012. The estimated revenue in 2013 is to reach 8 billion rubles.

According to the market analytics, buyers may be the Russian major retail network Magnit that is going to conquer Moscow retail market and the biggest meat holding Miratorg that is planning to develop its retail network.

Source: www.retailer.ru