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Food Delivery Startup Investment Opportunity in Allahabad, India

Secure a stake in a cloud kitchen and grocery app business ready to launch.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Allahabad
Local Time 4:50 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 117 thousand for 50.0% stake (Native Currency: INR 10,000,000)
Reason: The owner is actively looking for investors to support the business launch and initial operations.
Includes physical assets worth USD 14 thousand
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Business Overview
- Based in Allahabad, our company focuses on the fast-moving consumer goods (FMCG) sector, providing daily essential grocery products through a user-friendly app launched 6 months ago.
- While the app is launched, we haven't started generating any revenue. We require investors to support the business launch and initial operations.
- Our diverse product range will include not only grocery items but also fast food options like burgers, pizzas, and beverages, catering to the rapidly growing demand for quick-service restaurants.
- We will operate our own cloud kitchen, enhancing our capabilities to deliver freshly prepared meals efficiently to our customers.
- With a small yet dedicated team of 5 employees, we have successfully developed the app's frontend, ensuring a seamless user experience for all customers.
- As part of our commitment to quick delivery, our logistics are structured to minimize wait times, providing a robust value proposition in the market.
Products & Services Overview
Our app will cater to local customers by offering daily essentials alongside freshly prepared meals from our cloud kitchen.
Assets Overview
Tangible assets: Laptops, printers, raw materials etc.
Intangible assets: Company incorporation, GST registration, Udyam registration, Startup India recognition, and PAN.
Facilities Overview
We have three self-owned warehouses, totaling 3,000 sq. ft. , from which we will be commencing our operations. However the investor will not get a stake in our warehouses.
Capitalization Overview
The business is entirely funded by the owner, with a 90:10 shareholding split between two shareholders, and no loans involved.
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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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