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Food Delivery Company for Sale in Yangon, Myanmar

Revolutionizing food delivery with 500+ delivery and 100+ dine-in partners – a complete gastronomic ecosystem.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 9 - 10 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Yangon
Local Time 10:02 PM Asia / Rangoon
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 286 thousand (Native Currency: MMK 600,000,000)
Reason: Due to funding limitations, we are seeking a forward-thinking buyer to take the helm of this flouris... View More
Includes physical assets worth USD 2.86 thousand
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Business Overview
Exciting investment opportunity: Thriving e-commerce platform in dining & food delivery.
- The business has been non-operational since the start of this year as we have planned to shut down the operations.
- Explore the chance to own a dynamic e-commerce app that seamlessly blends dining and food delivery services.
- Stands as a testament to culinary convenience, currently partnering with over 600 businesses in the dining and delivery sectors.
- With a robust user base of 4,000 monthly active users across both Android and iOS platforms, we have proudly served 300,000 customers to date.
Key Highlights:
- Strong partnership network: Collaborations with 600+ businesses, enhancing variety and reach.
- Substantial user base: 4,000 monthly active users, reflecting steady consumer trust and app utility.
- Impressive customer reach: Successfully served 300,000 customers, showcasing widespread acceptance and demand.
- Revenue model: Profitable commission structure on every transaction, applied to both dining reservations and food delivery. The average per-order commission is 20% - 30% on food deliveries, and 5% for dine-in bookings.
Due to funding limitations, we are seeking a forward-thinking investor to take the helm of this flourishing enterprise. This is a unique opportunity to invest in an established platform with significant growth potential in the thriving online food service market. We're offering the chance to steer this venture towards new heights of success.
Your investment will secure:
- A proven business model with a reliable revenue stream.
- An established brand with a strong market presence.
- The potential to scale and diversify in a booming industry.
If you have the vision to lead and grow a cutting-edge food service platform, we invite you to become part of this lucrative venture. Connect with us to explore this opportunity and take the first step towards a rewarding investment in the world of food tech.
Products & Services Overview
Top-Selling Services:
- Table Reservations: Users book tables at their favorite restaurants through the app. This service is likely popular due to its convenience and the ability to secure a spot at sought-after eateries.
- Exclusive dining events: Special events like wine tastings or chef’s tables could be a major draw, especially for food enthusiasts looking for unique dining experiences.
- Happy hour deals: Offering discounts during specific hours could be a hit among cost-conscious diners who still want to enjoy quality meals.
Users:
- Food enthusiasts: Individuals who enjoy exploring new culinary experiences.
- Busy Professionals: Those looking for quick and efficient ways to arrange dining out.
- Young couples and groups: Looking for enjoyable and unique dining experiences.
Usage:
- Users typically use the app to explore dining options, book tables, and check out upcoming events or deals at local restaurants.
Food delivery service.
Top-selling products:
- Quick meals: Fast food or easy-to-prepare meals might be top sellers, favored for their convenience.
- Healthy options: Salads, bowls, or health-focused meals catering to health-conscious consumers.
- Local specialties: Popular local cuisines that people often crave and order.
Users:
- Working individuals and students: Those with busy schedules who prefer meals delivered to their location.
- Families: Looking for a convenient way to have meals without cooking.
- Health-conscious individuals: Preferring healthy, diet-specific options.
Usage:
- Users typically use the delivery service for convenience, to save time, or to enjoy a variety of cuisines from the comfort of their home or workplace.
Assets Overview
Physical assets such as furniture and inventory items such as promotion gift materials, delivery bags, and many more.
Intangible assets include the website, android iOS app and admin panel.
Ready to run anytime.
Facilities Overview
We have rented a flat in Yangon of built-up area 720 sq ft.
Capitalization Overview
Self-funded business.
No loans or any outstanding amounts.
Clean bank account history.
Has 4 partners with 30%, 35%, 35% shareholding.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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6 Buyers viewed this Business this month. Register below to connect now!
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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