Grocery Shop for Sale in Mumbai, India

Non-operational online fresh vegetables & fruits sales business that used to cover 60% of Mumbai.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at loss
Industries
Locations
Local Time
7:29 AM Mumbai
Listed By
Business Owner / Director
Status
Active
Overall Rating
Full Sale
Asking Price: USD 120 thousand (Native Currency: INR 9,000,000)
Reason: Unable to devote time to other company interests. We are also open to a partial stake sale.
Includes physical assets worth USD 13 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- The Business has a huge potential as there is no player in this segment.

- Business operations were suspended from December 2019.

- The biggest positives being: Not much competition, Market Potential never to diminish, Unorganised market now changing with the entry of corporates in the agriculture segment, The last mile connectivity would always be in huge demand.

- The current scene of selling products very unhygienic with no controls and poaching the roads would essentially have to change.

- We are an online portal selling Fresh Fruits & Vegetables at present and plans to add on grocery and other products.

- Customers can directly order from our website, Mobile Apps, WhatsApp or on Call. The IT infrastructure is of a very high calibre and can be upgraded as required.

- Zero inventory model in spite of being a perishable there is zero wastage.

- Have 12,000 subscriber on the website and around 12,000 followers on our social media page, grown slowly and steadily.

Products & Services Overview

- We used to sell Fresh Fruits & Vegetables.

- Plan to add Pulses / Grocery / Assorted Snacks / Dry Fruits.

- The systems are designed to add in various other products and categories without any major cost.

Facilities Overview
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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