Newly Established Liquor Store Investment Opportunity in Mumbai, India
|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|
|Local Time||5:04 AM Asia / Kolkata|
|Listed By||Advisor / Business Broker|
- 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.
The company is in the business of delivery of alcohol.
- 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.
The company operates on a rented premise.
Earlier than 15 daysPartner, Construction, Mumbai, Individual Investor / Buyer connected with the Business
Earlier than 15 daysGlobal Brand Promoter, Hospitality - Alcohol Distribution Services, Fort Lauderdale, Individual Investor / Buyer connected with the Business
Earlier than 15 daysProject Head, Infrastructure, Delhi, Corporate Investor / Buyer connected with the Business