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Online Fitness Equipment Investment Opportunity in Chandigarh, India

Fast Growing Online Fitness Equipment Store seeks funding for business expansion.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 30 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 35 %
Industries Sports Goods Stores + 1 more
Locations  Chandigarh
Local Time 8:17 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 340 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... View More
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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.

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.

Recent Activity
  • Earlier than 15 days
    Director, Mumbai, Financial Advisor connected with the Business
    Earlier than 15 days
    Business sent a proposal to the Investor / Buyer
  • Earlier than 15 days
    Strategic Advisor, IT, Pune, Corporate Investor / Buyer connected with the Business
    Earlier than 15 days
    Business sent a proposal to the Investor / Buyer
  • Earlier than 15 days
    Director - Transactions & Consulting, Chennai, M&A Advisor connected with the Business
    Earlier than 15 days
    Business sent a proposal to the Investor / Buyer
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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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