Spiritual & Psychic Services Company Investment Opportunity in Bhubaneswar, India
Online astrology and pandit consultation website with significant growth potential and 300-500 daily customer traffic.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 67 thousand |
| EBITDA Margin | 30 % |
| Industries | Spiritual & Psychic Services |
| Locations | Bhubaneswar |
| Local Time | 11:37 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
111 thousand
for
25.0%
stake
(Native Currency: INR 10,000,000)
Reason: Need funds to add more services, onboard additional astrologers and automate the services.
The valu...
View More
Includes physical assets worth
USD
16.7 thousand
Interested to connect with advisors
Documents
ROC-Verification.pdf
(66.2 KB)
Business Overview
- Online website for providing online astrology and pandit consultation, puja services and selling astrology products such as stones and jewellery.
- Our website helps clients connect with astrologers and pandits.
- The business was operational for 1.5 years and later closed due to Covid-19 and restarted recently.
- We get about 300 to 500 daily customer traffic on our website.
- We will earn revenue by charging every 30 minutes for the online consultations.
- The fee starts from INR 1,000 for every 30 minutes. The astrologers' pay is a fixed monthly salary and not based on the consultations.
- For astrology products, we have partnered with local jewellers and suppliers, for which we get around 20-40% profit. The average value of these products is INR 10k. 5 to 10 products are sold every month.
- Our primary revenue source is the consultation services.
- The business has a significant growth potential which we have witnessed in the past in a short span. During that time, our website had a daily customer traffic of 3,000-4,000, monthly sales were INR 6-7 lakhs and sold almost 25-30 products each month.
- We are expecting the daily customer traffic to increase to 3 to 4 lakhs.
- Current employee count is necessary since it is a service-based industry.
- Our website helps clients connect with astrologers and pandits.
- The business was operational for 1.5 years and later closed due to Covid-19 and restarted recently.
- We get about 300 to 500 daily customer traffic on our website.
- We will earn revenue by charging every 30 minutes for the online consultations.
- The fee starts from INR 1,000 for every 30 minutes. The astrologers' pay is a fixed monthly salary and not based on the consultations.
- For astrology products, we have partnered with local jewellers and suppliers, for which we get around 20-40% profit. The average value of these products is INR 10k. 5 to 10 products are sold every month.
- Our primary revenue source is the consultation services.
- The business has a significant growth potential which we have witnessed in the past in a short span. During that time, our website had a daily customer traffic of 3,000-4,000, monthly sales were INR 6-7 lakhs and sold almost 25-30 products each month.
- We are expecting the daily customer traffic to increase to 3 to 4 lakhs.
- Current employee count is necessary since it is a service-based industry.
Products & Services Overview
Online astrology and pandit consultation, puja services.
Assets Overview
Physical assets include 2 floor office interiors, laptops, workstations and other office equipment.
Facilities Overview
The facility includes a 2 floor office space in Bhubaneswar, Orissa of 3,200 sqft. area (1,600 + 1,600). Rent is INR 75k per month.
Capitalization Overview
The business is funded by the owners.No outstanding loans or debts.
There are 2 directors, with ownership of 90% and 10%.
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