Auto Accessories Shop Investment Opportunity in Mumbai, India
Established | 1-5 year(s) |
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 |
Locations | Mumbai |
Local Time | 11:53 PM Asia / Kolkata |
Listed By | Advisor / Business Broker |
Status | Active |
- 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.
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Earlier than 15 daysValidation Engineer, Semiconductor Manufacturer, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Textile, Kolkata, Individual Investor / Buyer connected with the Business