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Ecommerce Website for Sale in Chennai, India

Hyperlocal ecommerce platform connecting 82 sellers to a customer base 100+ users.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 220
Run Rate Sales USD 230
EBITDA Margin Operating at loss
Industries Ecommerce Websites
Locations  Chennai
Local Time 12:13 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 90 thousand (Native Currency: INR 7,500,000)
Reason: Selling the business to focus on other businesses. The valuation is based on the software and brand ... View More
Includes physical assets worth USD 240
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
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Documents
DTIIP registration
Logo
GST Certificate
Business Overview

- Aggregators for grocery items through our e-commerce platform.

- Hyperlocal e-commerce startup facilitating connections between online customers and nearby shops.

- Live catalogue comprising over 8,500 products, encompassing both organic and traditional items.

- 82 sellers currently onboarded with a customer base numbering in the few hundred.

- Revenue generated through subscription fees from sellers and advertising revenue.

- 150 users registered on the platform.

- Promoter boasts 6+ years of experience in the field.

- Possession of necessary licenses including GST and local authority approvals.

- Company is currently operating at a slight loss.

- Current employee count necessary to manage operations.

Products & Services Overview

Online aggregators of groceries, fruits, veggies.

D2C model.

Assets Overview

Assets include:

Laptops, computers and office equipment.

Facilities Overview

Facility in Vels University incubation center.

Rent is INR 5k/month.

Sq ft area of 220.

Capitalization Overview

Family owned business with 2 shareholders.

90-10 shareholding pattern.

No loans or debts.

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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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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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