Last Mile Delivery Business Investment Opportunity in Mangalore, India
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Limited Liability Partnership (LLP) |
Reported Sales | USD 240 thousand |
Run Rate Sales | USD 240 thousand |
EBITDA Margin | 5 % |
Industries | Last Mile Delivery |
Locations | Mangalore |
Local Time | 5:16 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- We are a hyper local startup delivery service that currently operates in Mangalore.
- Have over 20,000 registered users and receive up to 10,000 orders every quarter.
- We have 30 delivery partners which include part timers as well.
- Developed a mobile app with more than 5,000 downloads and a 4.3 star rating on Google Play Store.
- Our turnover for the last year was INR 2 crore which is the order value of all the goods and products we bought and delivered. On average we charge a fee of INR 69 per transaction on these orders which would be our profit.
- Also partnered with 180 vendors including restaurants, grocery and fish stores from whom we get a commission of 10 to 20% on each transaction.
- Promoter has 4 years of experience in the field of delivery & logistics and an additional 8 years of experience in data analytics.
- Company's physical assets include a few vehicles and computers.
Logistics, Food Delivery, Pick Up Drop, Grocery.
Rented office space area of 500 Sq Ft.
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Earlier than 15 daysCOO, Logistics, Mumbai, Individual Investor / Buyer connected with the Business