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Grocery Shop Investment Opportunity in Vijayawada, India

Unique app based on grocery delivery demand seeking investment for expansion.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 110 thousand
Run Rate Sales USD 36 thousand
EBITDA Margin 17 %
Industries Mobile Apps + 1 more
Locations  Bangalore + 1 more
Local Time 10:52 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 120 thousand for 10.0% stake (Native Currency: INR 10,000,000)
Reason: The business is planning expansion and is seeking funding for the same. The expansion will be via ma... View More
Includes physical assets worth USD 50 thousand
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Business Overview

- Ours is a grocery delivery demand app that has fewer commissions and good margins.

- We offer multiple services related to grocery deliveries.

- Currently, working on a unique concept to make it the best in the market.

- Have tie-ups with multiple grocery owners as well as delivery agents.

- We deliver groceries for others as well as our own products.

- The sales have dipped as compared to last year as we are making changes in our way of operations.

- Business requires investment for expansion.

Products & Services Overview

- We provide grocery delivery services.

- Also connect grocery owners with delivery agents.

- Immediate delivery services.

Assets Overview

The inventory worth INR 40 lakhs is the only asset owned by the company.

Facilities Overview

We have three corporate offices in Bangalore, Hyderabad, and Vijayawada.

Capitalization Overview
Not Disclosed
Recent Activity
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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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