Food Cart Investment Opportunity in Kolkata, India
|Employees||10 - 50|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 400 thousand|
|Run Rate Sales||USD 370 thousand|
|EBITDA Margin||12 %|
|Industries||Food Carts + 1 more|
|Local Time||9:10 AM Asia / Kolkata|
|Listed By||Advisor / Business Broker|
A. Founders started the multi-brand kitchen concept in Kolkata with only 4 people and a 250 sq. ft kitchen. The initial few months were very hard as the founders had to do everything themselves, from building a supply chain to food delivery. However, based on word-of-mouth popularity and an increase in sales traction the founders immediately opened a 2nd kitchen.
B. In less than 1 year, when most kitchens were closing down during Covid, had already clocked INR 1Cr+ sales by employing a very lean operations model.
C. Last year's turnover was INR 2.5 cr and the same trend is continuing. With its unique branding strategies and food, quality had already won everyone's heart in Kolkata and finally, they got a chance to feature in Shark Tank India, Season 2.
D. Post Shark Tank episode airing, the popularity of the brand reached bigger heights and the founders decided to expand pan-India with the help of loyal franchise partners. Today, the company has already expanded to Chennai and NCR. Kitchens in Hyderabad and 2 tier-2 cities in West Bengal are coming up in the next 3 weeks.
E. The aim is to present across 30+ locations by the end of this year and another 100 locations by the end of next year.
Pizzas, Mexican burritos, sandwiches and omelets, fried chicken.
Tangible assets include the food cart set-up in a rented place.
Small office space in Kolkata which is rented.
A food cart in a rented place in Kolkata.
- Business is completely bootstrapped.
- Both co-founders own 100% of the entire company.
- At present company liability stands at only INR 15 lakh.
4 days, 22 hours agoFounder, Education, Bangalore, Individual Investor / Buyer connected with the Business
Earlier than 15 daysManager, Business Processing Outsourcing, Westmoreland Parish, Individual Investor / Buyer connected with the Business
Earlier than 15 daysDirector, IT, Digital Media, CE, Mumbai, Individual Investor / Buyer connected with the Business