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 From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 320 thousand
EBITDA Margin
35 %
Industries
Locations
Local Time
2:03 AM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 350 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
Interested to connect with advisors
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Business Name
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Documents
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
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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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