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Grocery Shop Investment Opportunity in Bangalore, India

E-commerce and mobile app based business delivering food, grocery and household items having 35,000 customers.
This transaction has concluded.
This Business is on a Premium Plan
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
Overall Rating
Partial Stake Sale
USD 2 million for 5.0% stake (Native Currency: USD 2,000,000)
Reason: - Development and marketing of a new supplementary product. - Adding centers to cover more areas in... View More
Documents
Business Overview

- 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.

Products & Services Overview

B2C E-commerce website and app selling food items, grocery, FMCG & daily need products.

Facilities Overview

Leased warehouse with over 20,000 Sq. Ft. area &

4 aggregation centers on rent.

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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