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Food Delivery Company for Sale 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 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 40 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 25 %
Industries Food Delivery
Locations  Mumbai
Local Time 9:19 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 24 thousand (Native Currency: INR 2,000,000)
Reason: The owner wants to sell the business to focus on other core businesses.
Includes physical assets worth USD 24 thousand
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.

Capitalization Overview
Not Disclosed
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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