Online Fitness Equipment Investment Opportunity in Chandigarh, India
Fast Growing Online Fitness Equipment Store seeks funding for business expansion.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 24 thousand |
| Run Rate Sales | USD 254 thousand |
| EBITDA Margin | 35 % |
| Industries | Sports Goods Stores + 1 more |
| Locations | Chandigarh |
| Local Time | 1:41 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
280 thousand
for
25.0%
stake
(Native Currency: INR 25,000,000)
Reason: The funds would be used for portfolio expansion, team building, sales activities, IT and Mobile chan...
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Business Overview
1 ) eCommerce Portal launched in March 2013. Raised 20 Lakh by bootstrapping.
2 ) 4 full time Employees and 7 part time / contractual Employees.
3 ) Tie Up with ‘53’ manufacturers / brands.
4 ) GMV for FY 2013-14 INR 21.42 Lacs.
5 ) Estimated GMV for FY 2014-15 2.25 Cr.
Detailed Business Plan & Executive summary is attached.
2 ) 4 full time Employees and 7 part time / contractual Employees.
3 ) Tie Up with ‘53’ manufacturers / brands.
4 ) GMV for FY 2013-14 INR 21.42 Lacs.
5 ) Estimated GMV for FY 2014-15 2.25 Cr.
Detailed Business Plan & Executive summary is attached.
Products & Services Overview
In phase 1, we are re-launching online fitness store that market fitness equipments to households. Company would address customers concerns related to pre & post sales phase of home fitness equipment. We would provide convenience in product selection, ease of purchase, timely home delivery of heavy and bulky products, on-site installation, in-house repairs, consumer friendly warranty management and easily accessible spare parts. This would be the phase 1 of the business approach, there after our focus would be on Sports Products & Coaching Services followed by launch of sportswear segment and digital entertainment & value add offerings.
Facilities Overview
Currently we are working from office cum warehouse that belongs to the founder.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysHuman Resources Business Partner, Digital Marketing Organisation, Chandigarh, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Ceramic Manufacturer And Retail, New Delhi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Mumbai, Financial Advisor connected with the Business
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Sports Goods Store Investment Opportunity in Chandigarh, India
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