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Grocery Shop Investment Opportunity in Mumbai, India

Business that offers delivery of fruits and vegetables that has done 55,000 order till date.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 70 thousand
Run Rate Sales USD 400 thousand
EBITDA Margin 10 %
Industries Mobile Apps + 1 more
Locations  Mumbai
Local Time 11:07 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Investment
USD 700 thousand for 20.0% stake (Native Currency: INR 50,000,000)
Reason: Funds are required for next level growth and product market fit expansion. We intend to expand and h... View More
Includes physical assets worth USD 27 thousand
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Business Overview

- Our business is offering delivery of fruits and vegetables through our mobile application as well as retail outlets in Navi Mumbai.

- We source 50% of our fruits and vegetables from farmer producer companies, and the rest from local vendors in Vashi, Navi Mumbai.

- Till date, we have had 55,000+ orders served with 3,000 regular customers.

- We have 66% of our orders coming in from online platforms, 27% from retail outlets, and the rest from having stalls set up in 3 societies.

- Our application has 600+ reviews on the Play Store with a rating of 4.7.

- Currently, we are only involved in the delivery of fruits and vegetables and gradually extending our services to day to day groceries.

- We have our in-house team for delivery as of now.

- Our revenue has grown this year as we started out our operations last year for this business.

Products & Services Overview

Delivery of groceries, fruits and vegetables across Navi Mumbai.

Assets Overview

Computers, warehouse shelves, printers, weighing scales, electric bikes, crates, inventory, tables, shop furniture, and air conditioners.

Facilities Overview

Warehouse 1,000 sq. ft. carpet area and 3 retail shops each covering an area of150 sq. ft. The warehouse as well as the retail shop is rented.

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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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