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Grocery Shop Investment Opportunity in Hyderabad, India

Online marketplace for grocery products with 10 suppliers and 350-400 registered users seeks investment.
This transaction has concluded.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 11 thousand
EBITDA Margin 20 %
Industries Mobile Apps + 1 more
Locations  Hyderabad
Local Time 11:38 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 60 thousand for 30.0% stake (Native Currency: INR 5,000,000)
Reason: Over 90 percent of the funds will be spent on opening a new store with the remaining 10% being spent... View More
Interested to connect with advisors
Documents
Business Overview

- Online marketplace for grocery products. Have launched our mobile application less than a month ago and we plan to launch a website soon.

- Have on-boarded 10 suppliers on to the platform with 350-400 registered users. Sell the products at a mark-up of 10% to 40% depending on the food item and this is charged to the end-user. Have fulfilled 50+ orders till date.

- Logistics are handled by a third-party company.

- Plan to launch digital and social media marketing very soon. Current customers were acquired through the personal contacts of the promoter.

- The application was developed in-house. We have a team of two developers.

- Seek funds to open a brick and mortar retail store in the Kompally locality. This locality has a lot of communities and there is a huge shortage of grocery retailers.

- We are yet to identify the location. The grocery store has a planned area of 3,000-5,000 square feet and we plan to hire 10-15 people to work at the store.

Products & Services Overview

Online marketplace for grocery items in Hyderabad, India.

Assets Overview

It's a startup and we do not own any significant assets.

Facilities Overview

We are working from home currently.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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