Need help?

Food Delivery Company Investment Opportunity in Mumbai, India

For Sale: Company offering hot beverages and snacks to the employees of over 60 corporates.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 43 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 25 %
Industries Food Delivery
Locations  Mumbai
Local Time 9:19 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Investment
USD 110 thousand for 20.0% stake (Native Currency: INR 8,500,000)
Reason: Expansion of stores and brand creation.
Includes physical assets worth USD 40 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Our business delivers hot beverages along with morning and evening snacks to the employees of our corporate clients. The menu is set for 10 days and repeats thrice a month.

- We currently have two stores in Mumbai, located in Fort and Lower Parel.

- Each store provides hyper-local delivery to the offices of our corporate clients that are within a diameter of 2 to 3 kilometers from its location.

- We currently have 55 small clients along with 5 large corporate clients.

- Our meals and beverages are delivered to them twice a day for the entire month. We hold no explicit contract with either of them. Payment is collected on a monthly basis at the end of the month depending on the size of the employees.

- We have in-house logistics for delivery which include vehicles and delivery personnel.

- Every small corporate client provides us with average monthly revenue of c. INR 5,000. However, each large corporates client provides us with average monthly revenue of c. INR 40,000.

- Our stores are also open for walk-in customers. We get around 300 to 350 walk-ins per day at each store. Retail sales contribute to over 25 percent of our revenue, however, the majority 70 percent is through direct sales to corporates. There is no seating space available at any of our stores.

- We put immense on the business due to its large client base and the enormous scope of expansion in the industry.

Products & Services Overview

We serve:

- Tea, coffee and other hot beverages.

- Morning & evening snacks.

Assets Overview

Physical assets include:

- Kitchen equipment.

- Furniture.

- Delivery vehicles.

Facilities Overview

- We run operations through two stores on lease in Mumbai.

- Each store has an average size of 250 sq. ft.

Recent Activity
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.
Contact Business
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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more