Grocery Shop Investment Opportunity in Thiruvananthapuram, India
Grocery & household products ecommerce startup in IT hub area, projecting INR 2-4 crore turnover/month.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Ecommerce Websites + 1 more |
| Locations | Thiruvananthapuram |
| Local Time | 7:44 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
29.5 thousand
for
25.0%
stake
(Native Currency: INR 2,500,000)
Reason: Seeking investment for:
- Establishing a warehouse facility.
- Start sales channels: online websit...
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Business Overview
- Grocery & household products e-commerce startup.
- The startup targets a potential customer database of 3,000-4,000 in the Thiruvananthapuram area, leveraging the growing demand for e-commerce services in the IT hub.
- The business offers a wide range of grocery products including fruits, vegetables, fish, meat, and packaged food, as well as household and personal care products, catering to the daily needs of consumers.
- The startup forecasts a minimum monthly turnover of INR 2-4 crore, reflecting the significant revenue potential in the e-commerce sector.
- Products will be procured through vendors and sold via a website and mobile application, which are currently in the development stage.
- The startup targets a potential customer database of 3,000-4,000 in the Thiruvananthapuram area, leveraging the growing demand for e-commerce services in the IT hub.
- The business offers a wide range of grocery products including fruits, vegetables, fish, meat, and packaged food, as well as household and personal care products, catering to the daily needs of consumers.
- The startup forecasts a minimum monthly turnover of INR 2-4 crore, reflecting the significant revenue potential in the e-commerce sector.
- Products will be procured through vendors and sold via a website and mobile application, which are currently in the development stage.
Products & Services Overview
Grocery products such as fruits, vegetables, fish and meat, packaged food etc.Also sell household and personal care products.
Sales channel will be website and the mobile application.
Targeting client base are IT professionals.
Assets Overview
There are no physical assets of significant value.
Facilities Overview
Planning to set up a rented warehouse facility.
Capitalization Overview
Self-funded.Having an outstanding bank loan.
Currently, the business is a sole proprietorship firm, planning to establish as a private limited company.
Recent Activity
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Earlier than 15 daysBranch Manager, Bank, Thiruvananthapuram, Individual Investor / Buyer connected with the Business
Tags:
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