Grocery Shop Investment Opportunity in Hyderabad, India
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 |
- 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.
Online marketplace for grocery items in Hyderabad, India.
It's a startup and we do not own any significant assets.
We are working from home currently.
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Earlier than 15 daysDirector, IT Services, Hyderabad, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Business Consultancy, Bangalore, Individual Investor / Buyer connected with the Business