Auto Accessories Shop Investment Opportunity in Mumbai, India
|Employees||5 - 10|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 320 thousand|
|Run Rate Sales||USD 500 thousand|
|EBITDA Margin||2 %|
|Industries||Auto Accessories Shops + 1 more|
|Local Time||11:53 PM Asia / Kolkata|
|Listed By||Advisor / Business Broker|
- The company was started in 2018 as a motorcycle touring company that allowed riders to book motorcycle tours in India and abroad.
- While organizing tours, the company learned that there is no single platform where one can shop for riding gear and accessories like helmets, jackets, spares, etc.
- The market is unorganized & there are limited options on current marketplaces like Amazon and Flipkart.
- In June 2020, the company launched its own platform with a mission to help riders buy hard-to-find products.
- 80% of the company's SKUs are not available on other marketplaces which gives them an edge over our competitors.
- Since its inception, the business has delivered 15,000+ orders.
- Out of which 20% are returning customers.
- Average order value is INR 4,000.
- Business has been rated 4.6/5 on Google.
Online marketplace for riding gear and accessories such as helmets, jackets, spares, etc.
Physical assets include 10 laptops, 4 mobiles, and 1 air conditioner.
The business has a head office in Mumbai on a rental basis in the east of the city.
- The business is currently bootstrapped. The company has two equal shareholders.
- No loans or debts.
- 2 shareholders are the two founders only.
Earlier than 15 daysCEO, IT, Chicago, Corporate Investor / Buyer connected with the Business
Earlier than 15 daysValidation Engineer, Semiconductor Manufacturer, Bangalore, Individual Investor / Buyer connected with the Business
Earlier than 15 daysOwner, Textile, Kolkata, Individual Investor / Buyer connected with the Business