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Food Delivery Business for Sale in Kanyakumari, India

Acquire a thriving Kanyakumari food delivery app with over 50,000 downloads and 300 restaurant tie-ups.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 41 thousand
Run Rate Sales USD 41 thousand
EBITDA Margin 10 %
Industries Mobile Apps + 1 more
Locations  Kanyakumari
Local Time 10:27 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 99 thousand (Native Currency: INR 8,700,000)
Reason: The owner is migrating overseas. High valuation takes into account the 50k+ downloads and 300 onboar... View More
Includes physical assets worth USD 5.7 thousand
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Business Overview
- Well-positioned in the local food delivery scene, the business collaborates with hundreds of eateries, offering a wide range of dining choices to customers in the area.
- Facilitating seamless food delivery, the in-house developed mobile app has gained significant traction with 50,000+ downloads on the Google Play Store, underscoring strong customer engagement.
- Operating with a lean team of 5 employees, the company efficiently manages a network of 40 delivery partners to fulfill orders, ensuring timely service and increased customer satisfaction.
- The business boasts a robust revenue model, achieving a Gross Merchandise Value (GMV) of INR 3.5 crores, with a commission revenue of INR 75 lakh at a 20% commission rate.
- Strategic revenue sharing is implemented by charging restaurants a commission between 15% and 25% per sale, contributing to continued business growth.
- With its current focus on the Kanyakumari city region, there remains significant potential for regional expansion, leveraging the existing infrastructure for scalability.
- Demonstrating strong market presence and growing demand, the commission income continues to rise alongside GMV, indicating a thriving marketplace and positive outlook for future growth.
- Business has GST registration.
Products & Services Overview
Allows users to order food from 300+ restaurants in Kanyakumari. Our users are retail customers based in Kanyakumari.
Assets Overview
Tangible assets include office systems and furniture.
Facilities Overview
Rental building, single floor and measures 300 sq ft.
Capitalization Overview
- No loans or debts.
- 100% of the business is owned by a single owner.
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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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