Newly Established Last Mile Delivery Business Investment Opportunity in Mumbai, India
|Employees||10 - 50|
|Legal Entity||Limited Liability Partnership (LLP)|
|Reported Sales||USD 2.7 million|
|Run Rate Sales||USD 1.5 million|
|EBITDA Margin||30 %|
|Industries||Liquor Stores + 1 more|
|Local Time||5:39 PM Asia / Kolkata|
|Listed By||Advisor / Business Broker|
- The startup has received a soft commitment from the team behind Zerodha.
- Alco-Bev discovery, delivery, and experience platform.
- Deliveries are ongoing in Maharashtra. Recently secured a delivery license for West Bengal as well.
- Company combines the traditional distribution system with direct-to-consumer e-commerce. - 100,000+ app downloads on Google PlayStore.
- Reached 90% area coverage in Mumbai and Thane.
- INR 29 crore of sales in the last 20 months with an average order value of INR 2,100.
- There is a slight dip in sales because of the Covid pandemic.
- Founders: after waiting for a decade, the sibling founders used a perfect window to kickstart their venture in May 2020. They aim to build India’s first experiential full-stack marketplace for Alco-Bev.
- One of the founders is a 2x founder and was successful in bootstrapping his last venture which is currently valued at USD 15 million, with offices in the US, EU, and India.
- The other founder is a seasoned technologist with experience in large-scale system design, product management, and digital transformation.
- They are open for the first fundraising to enhance product capabilities, accelerate growth and expand markets.
- This transaction is being handled by an advisor based in Mumbai.
Home delivery of alcohol, and alcoholic beverages in a direct-to-consumer model.
Laptops, computers, and printers are the tangible assets owned by the company.
Intangible assets include the website, mobile apps, licenses, and business registrations.
The company operates from a rented office space in Mumbai.
Earlier than 15 daysStorekeeper, Food And Beverage - Consumer Services, Adilabad, Individual Investor / Buyer connected with the Business
Earlier than 15 daysVP, Market Research, Mumbai, Individual Investor / Buyer connected with the Business
Earlier than 15 daysCustomer Service Representative, IT - BPO, Iloilo City, Individual Investor / Buyer connected with the Business