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Meat Shop Investment Opportunity in Bangalore, India

Business with 2 meat shops currently operating offline and online on a B2C model.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 60 - 70 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 30 %
Industries Meat Shops
Locations  Bangalore
Local Time 10:34 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 240 thousand for 25.0% stake (Native Currency: INR 20,000,000)
Reason: Promoter is looking for funds for expansion and to open walk-in stores at different locations across... View More
Includes physical assets worth USD 70 thousand
Interested to connect with advisors
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Business Name
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Documents
GST Certificate
Business Overview

- Bangalore based business that is engaged in selling meat products and started its operations in 2020.

- Meat shop with 2 outlets aiming to change the meat buying experience of customers through our own website and mobile application.

- We have two outlets in Uttarahalli and Electronic City areas and are currently delivering at a radius of 10 Kilometres from our meat shops.

- The current area of operations is limited to a few areas in the city of Bangalore but the company intends to expand vertically and horizontally into neighbouring cities.

- We procure meat, fish, pickle, seafood, and mutton from more than 4 vendors located in Coimbatore, Bangalore, and Mangalore through strict quality checks.

- 60% of our sales are generated through offline sales and the rest 40% is generated through online sales.

- Registered with Swiggy for delivery of products. Also, have our own website and mobile application that is available on Google Play Store as of now.

- We operate on a B2C business model only and would soon start operations on the B2B business model as well.

- Have a customer database of more than 400 clients to date.

- Hired 4 delivery agents who carry out delivery services for orders placed through our mobile application and website.

- Intend to set-up our own processing unit and process material and make pickles and other products on our own.

- The business also owns a vehicle that is used to transport products from one place to another.

Products & Services Overview

Various types of raw fish, seafood, mutton, eggs, chicken, and non-veg pickles.

Assets Overview

Assets include chicken cutting machines, vacuum machines, mutton cutting machines, two chillers, 1 display chiller, and 1 vehicle.

Facilities Overview

Two rented shops with a space of 250 sqft each. We pay a monthly rent of INR 50,000 and a rental deposit of INR 6 lakhs has been paid.

Also have taken a 5,000 sqft facility on rent recently which is under construction.

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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