Convenience Store Investment Opportunity in Mumbai, India
Business that offers delivery of fruits and vegetables that has done 55,000 order till date.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 58 thousand |
| Run Rate Sales | USD 350 thousand |
| EBITDA Margin | 10 % |
| Industries | Mobile Apps + 1 more |
| Locations | Mumbai |
| Local Time | 5:07 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
580 thousand
for
20.0%
stake
(Native Currency: INR 50,000,000)
Reason: Funds are required for next level growth and product market fit expansion. We intend to expand and h...
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Includes physical assets worth
USD
23.4 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
ROC-Verification.pdf
(70.6 KB)
Business Overview
- Our business is offering delivery of fruits and vegetables through our mobile application as well as retail outlets in Navi Mumbai.
- We source 50% of our fruits and vegetables from farmer producer companies, and the rest from local vendors in Vashi, Navi Mumbai.
- Till date, we have had 55,000+ orders served with 3,000 regular customers.
- We have 66% of our orders coming in from online platforms, 27% from retail outlets, and the rest from having stalls set up in 3 societies.
- Our application has 600+ reviews on the Play Store with a rating of 4.7.
- Currently, we are only involved in the delivery of fruits and vegetables and gradually extending our services to day to day groceries.
- We have our in-house team for delivery as of now.
- Our revenue has grown this year as we started out our operations last year for this business.
- We source 50% of our fruits and vegetables from farmer producer companies, and the rest from local vendors in Vashi, Navi Mumbai.
- Till date, we have had 55,000+ orders served with 3,000 regular customers.
- We have 66% of our orders coming in from online platforms, 27% from retail outlets, and the rest from having stalls set up in 3 societies.
- Our application has 600+ reviews on the Play Store with a rating of 4.7.
- Currently, we are only involved in the delivery of fruits and vegetables and gradually extending our services to day to day groceries.
- We have our in-house team for delivery as of now.
- Our revenue has grown this year as we started out our operations last year for this business.
Products & Services Overview
Delivery of groceries, fruits and vegetables across Navi Mumbai.
Assets Overview
Computers, warehouse shelves, printers, weighing scales, electric bikes, crates, inventory, tables, shop furniture, and air conditioners.
Facilities Overview
Warehouse 1,000 sq. ft. carpet area and 3 retail shops each covering an area of150 sq. ft. The warehouse as well as the retail shop is rented.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, IT Services, Mumbai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysInvestment Principal, Hector Capital Partners Limited, Singapore, Private Equity Firm connected with the Business
Tags:
General Merchandise Store Investment Opportunity in Mumbai, India
·General Merchandise Store Investment Opportunity in Bombay
·Convenience Store Investment Opportunity in Mumbai, India
·Discount Store Investment Opportunity in Mumbai, India
·Mom & Pop Shop Investment Opportunity in Mumbai, India
·Grocery Shop Investment Opportunity in Mumbai, India
·Invest in General Merchandise Store in Mumbai, India
·Corner Shop Investment Opportunity in Mumbai, India
·Convenience Store Investment Opportunity in Bombay
·Milk Booth Investment Opportunity in Mumbai, India
·Mobile App Investment Opportunity in Mumbai, India
·Phone App Investment Opportunity in Mumbai, India
·Minimart Investment Opportunity in Mumbai, India
·General Merchandise Store Investment Opportunity
·Discount Store Investment Opportunity in Bombay
·Mom & Pop Shop Investment Opportunity in Bombay
·Grocery Shop Investment Opportunity in Bombay
·Invest in General Merchandise Store in Bombay
·Corner Shop Investment Opportunity in Bombay
·Invest in Convenience Store in Mumbai, India
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