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Last Mile Delivery Business Investment Opportunity in Mangalore, India

Hyper local delivery service with a customer base of 20,000 users and 5K+ app downloads.

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
Overall Rating
Partial Stake Sale
USD 60 thousand for 10.0% stake (Native Currency: INR 5,000,000)
Reason: Looking to expand into Bangalore and some tier 2 cities.
Includes physical assets worth USD 12 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- 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.

Products & Services Overview

Logistics, Food Delivery, Pick Up Drop, Grocery.

Facilities Overview

Rented office space area of 500 Sq Ft.

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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