Meat Shop Investment Opportunity in Chennai, India
|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|
|Local Time||5:32 PM Asia / Kolkata|
|Listed By||Advisor / Business Broker|
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.
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.
Physical assets include office setup, laptops, printers, etc.
Company has a small office in Chennai on a rental basis.
Earlier than 15 daysCEO, Investments, Johannesburg, Corporate Investor / Buyer connected with the Business
Earlier than 15 daysCo-Founder, Finance, Ras Al-Khaimah, Individual Investor / Buyer connected with the Business
Earlier than 15 daysManager, Logistics, Mumbai, Individual Investor / Buyer connected with the Business