Grocery Shop Investment Opportunity in Bangalore, India
Established | 5-10 year(s) |
Employees | 50 - 100 |
Legal Entity | Private Limited Company |
Reported Sales | USD 66 thousand |
Run Rate Sales | USD 1.3 million |
EBITDA Margin | 2 % |
Industries | Ecommerce Websites + 1 more |
Locations | Bangalore |
Local Time | 7:02 AM Asia / Kolkata |
Listed By | Management Member |
Status | Moderately Active |
- An e-commerce business dealing with food items, grocery, FMCG products and other daily household items.
- Company started generating sales from Jan 2018 onwards.
- Currently, the business is focused solely on Bengaluru with the aim being to expand to other cities by 2020.
- Business has more than 35,000 registered users with around 3,800 monthly active users.
- Since the last 3 months, we completed around 35,000 orders. Sales have increased due to high repeat purchase and a higher conversion rate, despite minimal outbound marketing.
- Have our own user-friendly mobile app with more than 10,000 downloads.
- CEO has 28 years of global experience as an entrepreneur and business manager. He has founded several companies in the past.
- Business has its own delivery system with 4 delivery centers in Bengaluru.
B2C E-commerce website and app selling food items, grocery, FMCG & daily need products.
Leased warehouse with over 20,000 Sq. Ft. area &
4 aggregation centers on rent.
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Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
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Earlier than 15 daysOwner, Trading, Vadodara, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Recruitment & Staffing, Staffing, Employment Services, Mumbai, Individual Investor / Buyer connected with the Business