Meat Shop Investment Opportunity in Bangalore, India
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 |
- 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.
Various types of raw fish, seafood, mutton, eggs, chicken, and non-veg pickles.
Assets include chicken cutting machines, vacuum machines, mutton cutting machines, two chillers, 1 display chiller, and 1 vehicle.
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.
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Earlier than 15 daysCo-founder, Software Technology, San Francisco, Individual Investor / Buyer connected with the Business