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Food Cart Investment Opportunity in Kolkata, India

Multi-brand kitchen model looking for pan India expansion using franchise-owned and franchise-operated model.
This Business is on a Premium Plan
Established 1-5 year(s)
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
Locations  Kolkata
Local Time 9:10 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Seeking Investment
USD 160 thousand for 26.0% stake (Native Currency: INR 13,000,000)
Reason: The ultimate objective is to become India's largest crave-worthy food service platform enabling serv... View More
Includes physical assets worth USD 36 thousand
Documents
Business Overview

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.

Products & Services Overview

Pizzas, Mexican burritos, sandwiches and omelets, fried chicken.

Assets Overview

Tangible assets include the food cart set-up in a rented place.

Facilities Overview

Small office space in Kolkata which is rented.

A food cart in a rented place in Kolkata.

Capitalization Overview

- Business is completely bootstrapped.

- Both co-founders own 100% of the entire company.

- At present company liability stands at only INR 15 lakh.

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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