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Grocery Shop Investment Opportunity in Noida, India

Provide cheapest grocery to customers. Planning to start from Noida.

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 7:52 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 48 thousand for 10.0% stake (Native Currency: INR 4,000,000)
Reason: Seeking investment to hire the team, develop and launch the application, marketing and onboard the r... View More
Includes physical assets worth USD 1.8 thousand
Interested to connect with advisors
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Business Overview
- 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.
Products & Services Overview
Grocery products will be sold on the platform.
Assets Overview
Physical assets include two laptops, office furniture, mobile phone and AC.
Facilities Overview
Using a rented shared co-working space in Noida. Rent is INR 18k per month.
Capitalization Overview
It is a self funded entity.
No outstanding loans or liabilities.
There is 1 director, holding 100% ownership of the business.
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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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