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Online Marketplace Company for Sale in Chennai, India

For Sale: Online marketplace receiving 100 orders in a day with 7.5k active users daily.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 420 thousand
Run Rate Sales USD 500 thousand
EBITDA Margin 10 %
Industries Online Marketplace
Locations  Chennai
Local Time 3:51 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.43 million (Native Currency: INR 120,000,000)
Reason: The owner wishes to sell the business due to personal issues. The valuation is based on the previous... View More
Includes physical assets worth USD 30 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
- 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.
Products & Services Overview
The business sells merchandise with reference to South-Indian pop culture.
Assets Overview
- Computer systems.
- Furniture.
- Billing machines.
- Stock.
Facilities Overview
- 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.
Capitalization Overview
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.
Recent Activity
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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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