Newly Established Vending Machine Investment Opportunity in Lucknow, India
Established | 0-1 year(s) |
Employees | 2 - 5 |
Legal Entity | General Partnership |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Vending Machines |
Locations | Lucknow |
Local Time | 3:26 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- It aims to provide a variety of food items and snacks through vending machines, targeting convenience-seeking customers, which enhances accessibility.
- The business anticipates serving an average of 50 customers per day for each vending machine, ensuring a steady stream of revenue.
- The revenue model is proven, with an attractive average profit margin of 25% on products sold, making it financially viable.
- Promoted by an experienced entrepreneur with 23 years in the industry, the business is backed by a solid understanding of operations and customer preferences.
- Previously, the promoter operated vending machines for the Lucknow Development Authority (LDA) for one year, establishing a reputation and gaining insights into market needs.
- The company has obtained a GST certificate, ensuring compliance with regulatory requirements and bolstering trust with customers and partners.
- With a focus on prime locations with high foot traffic, the business model is set to attract both first-time users and repeat customers through the convenience and ease of use of vending machines.
We will install vending machines in high footfall locations for food items and snacks.