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Meat Shop Investment Opportunity in Chennai, India

Farm-to-fork platform that uses tech & supply chain to integrate neighborhood butcher shops seeks investment.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 1 million
Run Rate Sales USD 900 thousand
EBITDA Margin 18 %
Industries Meat Shops + 1 more
Locations  Chennai
Local Time 10:21 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Partial Stake Sale
USD 430 thousand for 10.0% stake (Native Currency: INR 36,000,000)
Reason: The company is attempting to raise INR 4 crore from multiple investors through CCD. (Compulsory Con... View More
Includes physical assets worth USD 2.4 thousand
Documents
Business Overview

The business leverages existing, high-quality butcher shops' infrastructure and customer base by building a tech layer and optimizing the supply & delivery components.

This helps the business to provide single-touch or no-touch, warm (unfrozen) meat, and seafood products to a large customer base at affordable pricing without discounts.

The business experienced a 10x revenue growth in 18 months: The first store was opened in January 2021.

Company saw continuous revenue growth month-on-month from INR 5 lakh /month in February 2021 to reach INR 63 lacs/month in May 2022.

- The promoters have over 65 years of combined professional experience developing enterprise technology from Accenture, Zoho Corp, IBM, TCS, and Indium Technologies.

- Previously, they digitally transformed the F&B operations of leading corporate clients such as Amazon, Accenture, TCS, Sutherland, Virtusa, Capgemini, Tech Mahindra, Syntel, and Atos through their start-up.

- Platform processed 2 million food orders every month through its corporate cafeteria business.

- The entire tech stack for the company was developed in record time.

- The company has a tech platform to connect farms/fishermen to the collection center, POS, and inventory management.

- Business has a mobile app ordering system, store audit automation, and employee management & week-on-week PL computation.

- Company curates high-quality butcher stores based on 30+ parameters & onboard them onto the platform.

- Business also provides end-to-end technology access to the selected butcher sources through the platform.

- The platform provides blueprints for shop facelift, and digital operating procedures to transform the partner butcher shops into modern meat & sea-food stores.

- Company sources quality-tested (using inbuilt tech tools) meat & seafood from farms and supplies it to partner stores.

- Business offers a safe, hygienic, and convenient meat & sea-food shopping experience to the next billion customers.

Products & Services Overview

The company's products include-

- Poultry- 17 types of customized cuts.

- Goat meat- 21 types of customized cuts.

- Fish- 52 varieties of fish.

- Kitchen preps- 26 items available to simplify home cooking.

- Dry fish- 7 varieties.

- Eggs 5 types.

- Country chicken, quail & ducks - 7 varieties.

- Marinades- 8 varieties.

- Meal kit- 19 varieties.

- Super saver combos- 5 varieties.

Assets Overview

Physical assets include office setup, laptops, printers, etc.

Facilities Overview

Company has a small office in Chennai on a rental basis.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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