Online Marketplace Company for Sale in Chennai, India
|Employees||10 - 50|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 420 thousand|
|Run Rate Sales||USD 500 thousand|
|EBITDA Margin||10 %|
|Local Time||12:38 AM Asia / Kolkata|
|Listed By||Business Owner / Director|
- Strong, revenue-generating, pop culture, merchandise brand in South India.
- We receive traffic of 2L on a monthly basis and 7.5k on a daily basis.
- The platform receives around 100 orders in a day.
- We also have 4 retail outlets out of which 2 are franchisees.
- Out of the 4 retail outlets, 3 are kiosks and 1 is a store.
- Average billings we receive out of the 2 kiosks we own is INR 4L.
- The company has had a franchise store in Phoenix mall for 7 years and it generates revenue of around INR 8L.
- The business has 5 active vendors and 15+ total vendors.
- We charge a franchise fee of INR 1L every year for extension, and the goods are sold at a markup discount of 50% to the franchises.
- Collaborations with RRR, Ponniyan Selvan-1, and other famous movies are done by the brand.
- The main office has 15 employees, 4 employees in charge of inventories, and 6 employees in the kiosks.
The business sells merchandise with reference to South-Indian pop culture.
- Computer systems.
- Billing machines.
- The office is a 25 seater having a 6-year lease out of which just 6 months have gone by. The office has a carpet area of 1,500 sqft and we pay a rent of INR 60k, and it is located in Kinpauk, Chennai.
- We have a godown of area 2,000 sqft and we pay a rent of INR 25K for this place. It is located in the Ambatur Industrial estate.
- The business has 2 kiosks each covering an area of 100 sqft. They are located in Marina mall and Nexus mall. The rent is INR 1L and INR 30k respectively.
There are 5 shareholders in the business with 3 of them being major shareholders and the other 2 minor shareholders.
We have a loan of INR 1.1cr.
Earlier than 15 daysOwner, Resort, Patna, Individual Investor / Buyer connected with the Business
Earlier than 15 daysFounder, New York, M&A Advisor connected with the Business
Earlier than 15 daysIndividual Investor, Bangalore, Financial Consultant connected with the Business