Grocery Shop Investment Opportunity in Noida, India
Established | 0-1 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Ecommerce Websites + 1 more |
Locations | Noida |
Local Time | 3:40 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Company involved in online grocery retail, based in Noida.
- Local grocery retailers and wholesalers from Noida can list their products on the platform and will be sold to end customers.
- Our official website and mobile application is under development.
- Revenue channels is through charging the retailers for product listing and also through purchases made by the end customers.
- For the first financial year, we are targeting 200 to 300 local retailers and wholesalers from Noida to register on the platform, 3,800+ app downloads and ~ 300 customer orders.
- Projected annual turnover for the first year is INR 30 lakhs with ~20% profit margins.
Projected turnover in year five is 6 Cr.
Grocery products will be sold on the platform.
Physical assets include two laptops, office furniture, mobile phone and AC.
Using a rented shared co-working space in Noida. Rent is INR 18k per month.
It is a self funded entity.
No outstanding loans or liabilities.
There is 1 director, holding 100% ownership of the business.