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Grocery Shop for Sale in Mumbai, India

Non-operational online fresh vegetables & fruits sales business that used to cover 60% of Mumbai.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 90 thousand
Run Rate Sales Nil
EBITDA Margin Operating at loss
Industries Ecommerce Websites + 1 more
Locations  Mumbai
Local Time 5:17 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 90 thousand (Native Currency: INR 7,500,000)
Reason: Unable to devote time to other company interests. We are also open to a partial stake sale.
Includes physical assets worth USD 12 thousand
Interested to connect with advisors
Documents
Business Overview

- The Business has a huge potential as there is no player in this segment.

- Business operations were suspended from December 2019.

- The biggest positives being: Not much competition, Market Potential never to diminish, Unorganised market now changing with the entry of corporates in the agriculture segment, The last mile connectivity would always be in huge demand.

- The current scene of selling products very unhygienic with no controls and poaching the roads would essentially have to change.

- We are an online portal selling Fresh Fruits & Vegetables at present and plans to add on grocery and other products.

- Customers can directly order from our website, Mobile Apps, WhatsApp or on Call. The IT infrastructure is of a very high calibre and can be upgraded as required.

- Zero inventory model in spite of being a perishable there is zero wastage.

- Have 12,000 subscriber on the website and around 12,000 followers on our social media page, grown slowly and steadily.

Products & Services Overview

- We used to sell Fresh Fruits & Vegetables.

- Plan to add Pulses / Grocery / Assorted Snacks / Dry Fruits.

- The systems are designed to add in various other products and categories without any major cost.

Facilities Overview

Leased office at Vile Parle East and a base unit at Vashi near APMC.

Leased vehicles to assist the logistics and organised deliveries.

A state of the art CRM customised to the needs is the biggest asset.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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