Liquor Store Investment Opportunity in Mumbai, India

- India’s first digital led "liquor retail".
- It is an Alco-Bev platform.
- The business has an mobile app with over 100k downloads and also its own website.
- Deliveries are ongoing in Maharashtra. Recently secured a delivery license for West Bengal also.
- Company combines the compliance of a traditional distribution system with the new age of direct-to-consumer e-commerce.
- It has collaborations with various suppliers.
- 90% of area coverage is in Mumbai and Thane.
- The business has made INR 29 crores of sales in the last 20 months at an average order value of INR 2,100.
- Capable of 50% year-on-year organic growth.
- Maharashtra’s first-ever digital bar. Buying booze is now possible at the tap of your fingertips.
- The bar comes to the doorstep to be the digital drinking buddy, all that in the comfort and safety of your home.
- There is a slight dip in sales because of the Covid pandemic.
- Their vision is to democratize liquor value chain.
- Highly scalable and profitable business from day 1.
- Deep tie ups with liquor brands for obtaining products at 25% higher gross margins than legacy players. This supports in achieving profitability from day 1.
- Product and tech stack ready for scale up.
- Exclusive partnership with a top unicorn q-commerce company for demand syndication.
- Founders have three decades of experience in handling liquor retail & distribution and also successfully scaling a tech first business into a multimillion dollar company.
Key Highlights into future prospects:
- Amongst the only 4 companies to be awarded license for online delivery in West Bengal.
- Founder was in the Maharashtra government panel led by E&Y and Diageo for formulation of online delivery framework in Maharashtra.