Grocery Shop Investment Opportunity in Mangalore, India
Established | 1-5 year(s) |
Employees | 50 - 100 |
Legal Entity | Private Limited Company |
Reported Sales | USD 200 - 300 thousand |
Run Rate Sales | USD 300 thousand |
EBITDA Margin | 20 - 30 % |
Industries | Ecommerce Websites + 1 more |
Locations | Mangalore |
Local Time | 5:54 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Startup grocery business with a retail shop and warehouse in Mangalore.
- Have tied up with 2-3 farmers and 30-40 suppliers to procure the fruits, vegetables, and groceries.
- Our grocery shop is located in a residential area near a well-known church in Mangalore, and we receive over 200 daily customers.
- Have a customer base of 1,000+ customers.
- We have developed a business plan to expand through multiple retail stores and also set up our own online platform and need funds for operational costs. We plan to set up around 10-15 retails stores across the city and also to establish ourselves as the go-to online store for groceries pan India.
- The development of the online grocery platform and mobile application is ongoing and is handled by a third-party developer. We can execute the expansion plan within 150 days of procuring the funds.
- Post expansion, we expect to generate daily revenue of INR 14-15 lakh.
- Our revenue has grown because last year we just had one store but currently we have 4 stores running.
- The image shows the retail shop set-up of the business without the products.
Mangalore based startup company. We are into omni-channel supply chain with a zero wastage concept.
Retail store setup, specialized racks, machinery and stock.
4,000.00 sq. ft. of 4 outlets in Mangalore, with 1 warehouse. The facilities are rented.
-
Earlier than 15 daysDirector, Construction And Architectural Designing, Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysMarketing Head, Manufacturing, Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Stock Broking, Gurgaon, Corporate Investor / Buyer connected with the Business