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Small Convenience Store Investment Opportunity in Bangkok, Thailand

Grocery and food delivery mobile application that focuses on expat and promotes exclusive items.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 9.2 thousand
Run Rate Sales USD 11 thousand
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Bangkok
Local Time 9:39 AM Asia / Bangkok
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 61 thousand for 50.0% stake (Native Currency: THB 2,000,000)
Reason: Scale up the current operation by opening a flagship store, digital marketing, stocking of grocery a... View More
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Business Overview
- One of the first application that promotes Halal items in the Thailand market.
- We mainly focus on items which are exclusive to the expat community in Thailand.
- Our Thailand focussed food delivery app was launched 2 years ago.
- In house developed application that can be fully scalable to any level.
- Have more than 600 registered users and over 300 active users.
- Our mobile app has over 1,000 downloads with 4+ star ratings.
- We purchase products directly from different vendors, wholesalers.
- We deliver the stored products when we receive orders via mobile app.
- Generate revenue by keeping a margin on the products sold.
- We can see a huge opportunity in this niche area of business. We got more than 500 clients with minimum or no marketing.
- Not generating any profit due to high operational expense. This could be rectified in the future.
- We currently focus on the Bangkok region and for other regions, we have partnered with another delivery workforce on a contract basis.
Products & Services Overview
We deliver grocery and food items to customers and planning to scale up.
Assets Overview
We don't have any asset under this business except the website and mobile app.
Facilities Overview
Rental property with 3 floors at main Bangkok.
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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