Foodservice Outlet for Sale in Kochi, India
Food-tech platform enabling customers to book tables and pre-purchase meals at partner restaurants.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Foodservice Outlets + 1 more |
| Locations | Kochi |
| Local Time | 2:35 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
10.4 thousand
(Native Currency: INR 1,000,000)
Reason: The promoter is seeking to exit the business as he is currently employed elsewhere and is unable to ...
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Business Overview
* We're a food-tech platform based in Kochi, making it easy for customers to pre-book tables and order meals ahead of time at their favourite restaurants.
* Currently, the platform has 5 partner restaurants offering the service and over 200 registered users.
* Our platform helps diners avoid long waits, ensuring a smooth and enjoyable dining experience.
* We operate on a commission-based model, earning 10% from each booking and order made through our web application.
* The platform commenced operations around 3 months ago and is currently generating negligible revenue.
* Our business is recognized by Startup India and has bagged a grant of INR 3 lakh from Kerala Startup Mission to support our growth.
* We have valuable credits, including USD 10,000 in AWS and INR 2 lakh in Zoho, helping us maximize our tech capabilities.
* With a small but dedicated team of just 4 employees, we are pushing for significant growth in the local dining scene.
* Our headquarters is in Kalamassery, and we also have an office in Kottayam, expanding our reach and connecting more diners with restaurants.
* Currently, the platform has 5 partner restaurants offering the service and over 200 registered users.
* Our platform helps diners avoid long waits, ensuring a smooth and enjoyable dining experience.
* We operate on a commission-based model, earning 10% from each booking and order made through our web application.
* The platform commenced operations around 3 months ago and is currently generating negligible revenue.
* Our business is recognized by Startup India and has bagged a grant of INR 3 lakh from Kerala Startup Mission to support our growth.
* We have valuable credits, including USD 10,000 in AWS and INR 2 lakh in Zoho, helping us maximize our tech capabilities.
* With a small but dedicated team of just 4 employees, we are pushing for significant growth in the local dining scene.
* Our headquarters is in Kalamassery, and we also have an office in Kottayam, expanding our reach and connecting more diners with restaurants.
Products & Services Overview
A restaurant pre-booking and food pre-ordering platform that allows customers to reserve tables and order meals in advance, helping them avoid long waiting times. The platform currently has 5 restaurants onboarded and over 200 registered users.
Assets Overview
The intangible asset would include the web application, domain name, Startup India recognition, brand name, restaurant partner relationships and associated digital assets.
Facilities Overview
The company has its headquarters in Kalamassery, with a built-up area of 200 sq. ft. and a monthly rent of INR 1,000, and an additional 200 sq. ft. office in Kottayam with a monthly rent of INR 3,000.
Capitalization Overview
The business is currently debt-free with no outstanding loans. It has 3 owners holding 88%, 9%, and 3% ownership, respectively.
Tags:
Online Marketplace Startup for Sale in Kochi, India
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