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Grocery Shop Investment Opportunity in Bhopal, India

Online grocery marketplace based out of Bhopal seeks funding.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 22 thousand
EBITDA Margin 10 %
Industries Grocery Shops + 1 more
Locations  Bhopal
Local Time 9:03 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 240 thousand for 30.0% stake (Native Currency: INR 20,000,000)
Reason: To restart the business and for marketing.
Includes physical assets worth USD 6 thousand
Documents
Business Overview

- This business was previously a food delivery application and business has not been operating since the last 4 months.

- We had more than 500 active users when we were operating.

- Our Android app has over 1,000 installations.

- We were receiving about 50 - 60 service orders per day.

- Would like to re-start the operations and operate it as an online grocery market.

- Already have tie-ups with 15 local small & medium grocery retailers.

- Business has gained a good reputation in the area. So we would be continuing our new business model under the same company name.

- Sales figure mentioned is for the food delivery business when we were operational.

Products & Services Overview

All grocery products including vegetables and fruits.

Facilities Overview

Currently, working from a home-based office.

Capitalization Overview
Not Disclosed
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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