Grocery Shop Investment Opportunity in Haryana, India
|Run Rate Sales||USD 100 thousand|
|EBITDA Margin||15 %|
|Industries||Mobile Apps + 1 more|
|Local Time||9:10 AM India|
|Listed By||Business Owner / Director|
- Our company operates under 2 verticals - 1) Online grocery and delivery, 2) Food delivery.
- Business was registered in Delhi, but operations and office are located in Haryana.
- Currently offering both services only in Haryana.
- For online grocery, we have an app through which customers can place orders from.
- Have 23,000 registered users out of which 15,000 are active users.
- Receive an average of 1,500 weekly orders.
- The groceries are procured from distributors and stored at our warehouse.
- The USP of the business is delivery within 90 minutes of placing the order.
- Have 25 delivery executives for this vertical.
- For the food delivery business, we also have an app through which customers can place orders.
- Have 10,000 customers.
- Receive an average of 200 daily orders.
- Have on-boarded 100 restaurants in one of the cities in Haryana and recently on-boarded 50 restaurants in other cities from Haryana.
- We only charge a 15% commission from restaurants which is significantly less compared to what our competitors charge.
- Have 40 delivery executives for this vertical.
- 70% of our total revenue is generated through the grocery vertical, while 30% is through the food delivery vertical.
- We will be expanding to 6 more cities in north India within 6 months, and targeting an additional 2 lakh customers.
- New cities will boost monthly transaction values to over Rs. 1 crore.
- We started operations mid-last year, hence not a significant amount of revenue was generated for the previous year.
- Investment will be in the parent company that is operating these 2 verticals.
Grocery delivery business - grocery items, fruits, vegetables, meat product, bakery products, personal care, baby care, pet care, daily needs.
Food delivery business.
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with this business
Earlier than 15 daysSolutions Architect, Medical Devices, Bound Brook, Individual Investor / Buyer connected with this business