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Newly Established Liquor Store Investment Opportunity in Mumbai, India

Unique eCommerce platform for everything related to alcohol and alcoholic beverages seeks investment.
This transaction has concluded.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 2.7 million
Run Rate Sales USD 1.5 million
EBITDA Margin 30 %
Industries Liquor Stores + 1 more
Locations  Mumbai
Local Time 5:04 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Seeking Investment
USD 900 thousand for 20.0% stake (Native Currency: INR 75,000,000)
Reason: - Looking to raise funding for growth, team enhancement and hiring, product development, and strengt... View More
Includes physical assets worth USD 12 thousand
Documents
Business Overview

- It is an Alco-Bev platform.

- It is a discovery, delivery, experience platform.

- Deliveries are ongoing in Maharastra. Recently secured a delivery license for West Bengal also.

- Company combines the compliance of a traditional distribution system with the new age of direct-to-consumer eCommerce.

- 90% of area coverage in Mumbai and Thane.

- 100,000 + app downloads.

- INR 29 crores of sales in the last 20 months at an average order value of INR 2,100.

- Capable of 50% year-on-year organic growth.

- Maharashtra’s first-ever digital bar. Buying booze is now possible at the tap of your fingertips.

- The bar comes at your doorstep to be your digital drinking buddy, all that at the comfort and safety of your home.

- There is a slight dip in sales because of the Covid pandemic.

- Founders: After waiting for a decade, the sibling founders used their perfect window to kickstart their next venture in May 2020, which aims to build India’s first experiential full-stack marketplace for Alco-Bev. A $50 billion market is finally opening up for digital transformation.

- One of the founders is a 2x founder and was successful in bootstrapping his last venture which is currently valued at $15 million, with offices in the US, EU, and India.

- The other founder is a seasoned technologist with experience in handling large-scale system design, product management, and digital transformation.

- They are now open for their first fundraising to enhance product capabilities, accelerate growth and expand markets.

- Our advisor company does not charge anything from the investors.

Products & Services Overview

The company is in the business of delivery of alcohol.

Assets Overview

- Laptops, computers, printers, etc are the major tangible assets owned by the company.

- Website, apps, licenses, and registrations are some intangible assets that are owned by the company.

Facilities Overview

The company operates on a rented premise.

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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