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Auto Accessories Shop Investment Opportunity in Mumbai, India

Company building India's largest online store for motorcycle riding gear and accessories.
This Business is on a Premium Plan
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
Overall Rating
Seeking Investment
USD 180 thousand for 10.0% stake (Native Currency: INR 15,000,000)
Reason: In the immediate future, the company wants to scale up its current business. This will be by the bel... View More
Includes physical assets worth USD 7 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Pitch Deck
Business Overview

- 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.

Products & Services Overview

Online marketplace for riding gear and accessories such as helmets, jackets, spares, etc.

Assets Overview

Physical assets include 10 laptops, 4 mobiles, and 1 air conditioner.

Facilities Overview

The business has a head office in Mumbai on a rental basis in the east of the city.

Capitalization Overview

- The business is currently bootstrapped. The company has two equal shareholders.

- No loans or debts.

- 2 shareholders are the two founders only.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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