Grocery Shop Investment Opportunity in Haryana, India

Company operating a food delivery and grocery delivery business and has over 10k app downloads on each app.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 100 thousand
EBITDA Margin 15 %
Industries Mobile Apps + 1 more
Locations  Haryana
Local Time 9:10 AM India
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 270 thousand for 20.0% stake (Native Currency: INR 20,000,000)
Reason: For business expansion to new cities, warehouse costing, advertisement costing, technology upgrade. ... View More
Includes physical assets worth USD 34 thousand
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Business Overview

- 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.

Products & Services Overview

Grocery delivery business - grocery items, fruits, vegetables, meat product, bakery products, personal care, baby care, pet care, daily needs.

Food delivery business.

Facilities Overview
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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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