Department Store Investment Opportunity in Burdwan, India

Online Grocery store running in Burdwan and Durgapur, looking for an expansion in other cities.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 76 thousand
EBITDA Margin
20 %
Industries
Locations
Local Time
9:45 PM West Bengal
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 28 thousand for 20.0% stake (Native Currency: INR 2,000,000)
Reason: Need funds for marketing and open our business in Durgapur and Kolkata.
Includes physical assets worth USD 13 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Online grocery store business headquartered in Burdwan.

- We adopt various marketing strategies to promote our business in Burdwan and Durgapur.

- Sales started in Dec of 2017.

- There are 680 active users and 20 - 30 suppliers registered on the platform.

- On a daily basis, we get at least 24 orders / day and minimum order value of Rs. 2,000 and our service is only available in Burdwan and Durgapur within 5 Km.

- Delivery charges are for orders below Rs. 499 and we have our own delivery team.

- We earn commission from suppliers for each & every order they get through our platform and earn up to 20% to 25% margin profit income from our own grocery item.

- We have charged our merchant 4% who sold their products via our website.

- We have a policy of instant returns and instant refund in case of any issues.

Products & Services Overview

Grocery & Cosmetics, Household Product and Marketplace product.

Facilities Overview
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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