Cloud Kitchen Investment Opportunity in Mumbai, India

- The cloud kitchen has it's features prominently on Swiggy and Zomato.
- Business was founded in 2015 with a vision of becoming synonymous for parathas just the way Domino's is for pizzas.
- Serves 20 different types of Parathas.
- Past glory: pre-pandemic our operations were spread across 36 dark kitchens in 13 cities in India, clocking almost 1,00,000 orders a month with a monthly revenue of INR 1.6 Cr as on Feb 2020.
- Current status: The pandemic has been a great learning experience, forcing the business to tighten their operations to the best of our abilities and making a completely tech enabled dark kitchen operator.
- As of date the business has reopened 18 branches out of the 36 pre pandemic.
- Current average run rate revenue is INR 17 crores per annum.
- The business is a food tech, that means end to end operations of the business (except cooking) are digital such as sales and marketing, inventory management, POS tracking, purchases.
- The business is proud of, end to end digital purchases of raw materials mapped to their POS for making every single SKU easily trackable. The business has the least siphonage in the industry.
- Branch operations monitoring, QC and reviews management, accounting & auditing are all managed digitally.
- All the branches are self owned (no franchises)
- Clean cap table: 100% of the equity is with the founder (clean cap table). The company is bootstrapped completely.
- The business has zero debt.