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Newly Established Food Delivery Business Investment Opportunity in Istanbul, Turkey

Food and grocery delivery aggregators with 40,000+ orders and 500+ restaurants seeking equity investment.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 220 thousand
Run Rate Sales USD 330 thousand
EBITDA Margin 10 %
Industries Food Delivery
Locations  Istanbul
Local Time 3:28 PM Europe / Istanbul
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 500 thousand for 20.0% stake (Native Currency: TRY 4,500,000)
Reason: Funds required for: - Launching the delivery service with 37 drivers. - Reach 48,000+ monthly orde... View More
Includes physical assets worth USD 54 thousand
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Business Overview

- Food and grocery delivery business based in Istanbul.

- Have signed up with 500+ restaurants and 1,000+ grocery stores.

- We are currently only aggregators ad do not provide delivery services. The delivery is done by the restaurant or the store itself.

- In the last 6 months have observed 70% MoM growth in revenue, 9 times growth in orders, 60% new customers, and 8.19% conversion rate.

- Have received 40,000+ orders since inception.

- Charge a commission from restaurants and grocery shops, ad fees, and annual subscriptions to generate revenue.

- The development of the website and mobile application was outsourced.

- Have 50,000+ installs on Google Play.

Products & Services Overview

Delivery application for food and groceries. Act as aggregators for restaurants and grocery stores.

Assets Overview

Laptops, mobile phones, and office equipment. Intangible assets include web and mobile applications.

Facilities Overview

Have a rented our office located in a business area in Istanbul.

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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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