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Ecommerce Website Investment Opportunity in Manila, Philippines

Online marketplace that aggregates local home-chefs to large customer base, seeks investment to develop.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 15 thousand
Run Rate Sales USD 12 thousand
EBITDA Margin Operating at loss
Industries Ecommerce Websites
Locations  Manila
Local Time 11:52 AM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 20 thousand for 25.0% stake (Native Currency: PHP 1,000,000)
Reason: Seeking funds to build the mobile apps and for marketing.
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Business is an e-commerce platform for home cooks and food delivery.

- It is an aggregated marketplace open to larger customer base where home cooks register and sell their food directly via pre-orders.

- The customers can browse through our website, select from variety of food options and get home-like food delivered at the door step.

- We have 100+ cooks registered with us. In a month we cater to around 40-50 orders. Till date, we have served 500+ customers.

- All the orders are picked up and delivered by us via our network of delivery partners.

- We charge 10% of the order value from the home cooks.

- We have an established social media presence with 1,000+ followers on different channels.

- The business is currently operational in Metro Manila but we plan on expanding it.

- The EBITDA is negative because we have not reached a break even yet. Due the pandemic the recent revenue has been unstable.

- Looking for investors to develop the mobile app and promote the business.

Products & Services Overview

- Thousands of food items are listed by 100+ home cooks.

- Pick up and delivery of orders.

Assets Overview

- Business does not have physical assets.

- We own the software, website and brand trademark.

Facilities Overview

Owners and employees are working remotely from home.

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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