Ahmedabad Based Cloud Kitchen Looking to Raise Funds
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This Limited Liability Partnership business is operational since May 2017. They receive orders from various Food Aggregators, Corporate tie-ups and Monthly Subscribers. Currently, they are catering to 200 orders per day with an Average Order Value of INR 250.
They pay commission to Food Aggregators for lead generation. They have an exclusive menu for Corporate tie-ups and for Subscribers. Currently, they are operational for Lunch and Dinner accumulating to 7 Hours/Day.
They are planning to expand operations in breakfast, post-lunch snacks and late night till 02:00 am thereby increasing the total operational working hours to 17 Hours/Day.
Looking at the current trend of order volumes and owing to limited last-mile delivery radius they intend to set up cloud kitchen at other locations to acquire new customers. They intend to open 5 cloud kitchens at different locations in Ahmedabad by March 2019 and aiming at 2000 Orders / Day. By March 2020, they intend to open 6 Cloud Kitchens each in Gandhinagar, Baroda, and Surat aiming at 10,000 Orders / Day.
Team Strength: 15
Turnover 2017-18: INR 38.5 lakhs
They are looking for Investment of INR 1 Cr
Reason
Expansion pan Gujarat
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₹10 to ₹200 Cr
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