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Handyman Services Company Investment Opportunity in New Delhi, India

Hyperlocal aggregator platform for doorstep home and appliance repair with 40,000+ users and 7,000+ partners.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 124 thousand
Run Rate Sales USD 125 thousand
EBITDA Margin Operating at loss
Industries Online Marketplace + 1 more
Locations  New Delhi
Local Time 9:56 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 120 thousand for 20.0% stake (Native Currency: INR 10,000,000)
Reason: Funds are required for expansion to other cities like Mumbai and Bangalore. The valuation is calcula... View More
Includes physical assets worth USD 6 thousand
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Business Overview
We are an aggregator platform for doorstep home and appliance repair. We generate 50% of our revenue from home and appliance repair services and the remaining 50% from the rest. Business highlights include:
1. 30,000+ user app downloads, 40,000+ users.
2. 7,000+ partner app downloads with 800+ registered partners / technicians.
3. 14,000+ orders delivered.
4. 40+ corporates connected.
5. Currently operational across Delhi/NCR.
6. 15+ years of promoter experience.
7. MSME / Udyam registered.
8. Trademark.
9. Currently our target audience is the Delhi/NCR region, but we plan to expand to cities like Mumbai and Bangalore soon.
10. We are running at a slight loss since the volume of sales is low. With more volume and an increase in commission, the company has good potential for profits.
11. We charge a commission of approximately 25% on all bookings.
Products & Services Overview
There are three categories in our business:
1. Doorstep home & appliance repair services (AC repair, home appliances, CCTV, home cleaning, car cleaning, handyman)
2. Sale of IT and electronic products.
3. Sale of refurbished products.
Assets Overview
1. Website.
2. User app.
3. Partner app.
4. Users and partner/technician data.
5. Laptops and desktops.
6. Office furniture.
7. Marketing material.
8. ACs.
9. Inverter & batteries.
Facilities Overview
- Built-up area - 1,350 Sq ft.
- Number of floors - 1.
- Rent - INR 40,000 / month.
- The property is on a 2-year lease and the agreement expires in 1.5 years.
- Located in Wazirpur, Delhi.
Capitalization Overview
1. Business is running on bootstrap mode with all the investments from both directors.
2. Loans / debts - INR 50 Lakh @ a 23% interest.
3. Shareholders - 2 with 50% each.
Recent Activity
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1 Investor already contacted this Business. Register below to connect now!
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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