Grocery Shop Investment Opportunity in Belagavi, India

E-commerce website for groceries with 10 - 15 registered users and have tied-up with 50+ businesses.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 10 thousand
EBITDA Margin 15 %
Industries Ecommerce Websites + 1 more
Locations  Belagavi
Local Time 4:21 AM India
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 14 thousand for 10.0% stake (Native Currency: INR 1,000,000)
Reason: Business needs working capital. We have a high valuation expectation because of our strong relations... View More
Includes physical assets worth USD 11 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Online marketplace for grocery related items. We ship across India.

- We offer both cash on delivery and online payment options.

- The business has 10 - 15 registered users currently. Prior to the pandemic, we provided our groceries to other businesses in the hospitality and restaurant industry. We had tied up with 50 - 60 hotels. This was an offline operation. Due to the ongoing pandemic, we have put some of those operations on hold temporarily.

- We have 1 primary vendor on our platform. Some products are supplied by the business internally.

- The business has a 20% margin on the sale of the products.

- We have undertaken digital paid marketing through Google and Facebook advertisements and outdoor marketing in the form of door-to-door promotions.

Products & Services Overview

Online marketplace for grocery, dry fruits, spices, frozen foods, and dairy products.

Assets Overview

The business has inventory worth INR 6 - 7 lakh. Besides that, we have 4 freezers worth INR 1.5 lakh. Besides that, the business has some office furniture and equipment.

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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