Liquor Store Investment Opportunity in Mumbai, India
Online liquor retail platform, with INR 2 crores monthly sales, seeking investment. -
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 3.5 million |
| Run Rate Sales | USD 2.8 million |
| EBITDA Margin | 10 % |
| Industries | Liquor Stores + 1 more |
| Locations | Mumbai |
| Local Time | 8:14 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Partial Stake Sale
USD
470 thousand
for
16.0%
stake
(Native Currency: INR 40,000,000)
Reason: - Looking to raise funding for growth, team enhancement and hiring, product development, and strengt...
View More
Includes physical assets worth
USD
23.4 thousand
Documents
Overview of The App
(361.0 KB)
One Stop Destination Your Minibar
(364.3 KB)
Wide Range of Spirits
(453.6 KB)
Delivery Within 90 Minutes
(208.7 KB)
Live Order Tracking
(329.3 KB)
Available on Play Store
(50.6 KB)
Pitch Deck
(5.8 MB)
Business Overview
- This is a Mumbai-based Alco-Bev platform and is India's first digital-led "liquor retail".
- The startup has received a soft commitment from the team behind Zerodha.
- Deliveries are ongoing in Maharashtra and also has recently secured a delivery license for West Bengal as well.
- The company combines the traditional distribution system with direct-to-consumer e-commerce.
- 100,000+ app downloads on Google PlayStore.
- Has reached 90% area coverage in Mumbai and Thane.
- INR 29 crore of sales in the last 20 months with an average order value of INR 2,100.
- The business has all the required licenses and certifications including a liquor license.
- There is a slight dip in sales because of the Covid pandemic.
- Founders: after waiting for a decade, the sibling founders used a perfect window to kickstart their venture in May 2020. They aim to build India’s first experiential full-stack marketplace for Alco-Bev.
- One of the founders is a 2x founder and was successful in bootstrapping his last venture which is currently valued at USD 15 million, with offices in the US, EU, and India.
- The other founder is a seasoned technologist with experience in large-scale system design, product management, and digital transformation.
- They are open for the first fundraising to enhance product capabilities, accelerate growth, and expand markets.
- This transaction is being handled by an advisor based in Mumbai.
- The startup has received a soft commitment from the team behind Zerodha.
- Deliveries are ongoing in Maharashtra and also has recently secured a delivery license for West Bengal as well.
- The company combines the traditional distribution system with direct-to-consumer e-commerce.
- 100,000+ app downloads on Google PlayStore.
- Has reached 90% area coverage in Mumbai and Thane.
- INR 29 crore of sales in the last 20 months with an average order value of INR 2,100.
- The business has all the required licenses and certifications including a liquor license.
- There is a slight dip in sales because of the Covid pandemic.
- Founders: after waiting for a decade, the sibling founders used a perfect window to kickstart their venture in May 2020. They aim to build India’s first experiential full-stack marketplace for Alco-Bev.
- One of the founders is a 2x founder and was successful in bootstrapping his last venture which is currently valued at USD 15 million, with offices in the US, EU, and India.
- The other founder is a seasoned technologist with experience in large-scale system design, product management, and digital transformation.
- They are open for the first fundraising to enhance product capabilities, accelerate growth, and expand markets.
- This transaction is being handled by an advisor based in Mumbai.
Products & Services Overview
- The company is in the business of delivering alcohol and delivers different varieties of top-quality alcohol.- Home delivery of alcohol, and alcoholic beverages in a direct-to-consumer model.
Assets Overview
- Laptops, computers, and printers are the tangible assets owned by the company.- Intangible assets include the website, mobile apps, licenses, and business registrations.
Facilities Overview
- The company operates from a rented office space in Mumbai.
Capitalization Overview
- Founders: After waiting for a decade, the sibling founders used their perfect window to kickstart their next venture, which aims to build India’s first experiential full-stack marketplace for Alco-Bev. A $50 billion market is finally opening up for digital transformation.- One of the founders is a 2x founder and was successful in bootstrapping his last venture which is currently valued at $15 million, with offices in the US, EU, and India.
- The other founder is a seasoned technologist with experience in handling large-scale system design, product management, and digital transformation.
- They are now open for their first fundraising to enhance product capabilities, accelerate growth and expand markets.
Recent Activity
-
Earlier than 15 daysVice President, Pharmaceuticals, Chemicals, Logistics & Hospitality, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysProject Head, Infrastructure, Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManager, Hospitality, Delhi, Individual Investor / Buyer connected with the Business
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Liquor Store Investment Opportunity in Mumbai, India
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