B2B E-commerce Platform Up For Sale From Chennai
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Product / Service
In each channels small businesses reach out to different vendors for procuring day to day products costing time and money. The lack of online credit services, lack of multi vendor access, logistical challenges and stock handling issues prevent businesses from achieving their ideal gains. Day 21 provides service to all the above concerns and fulfill the requirements
Clientele type
Tea Shops Bakery Fast Foods Bhavans Small Mess/Hotels Catering services Schools/Colleges Industries – Service based/Manufacturing 5 Star Hotels Clinics/Hospitals Hostel/PGs – Men/Women Airlines – Private/Government Railways Government Bodies – Offices’ canteens Events National Food chain – Oyo/Hunger box
Premises
No Land or building
Asking Price Includes
App with one year subscription, Current account integrated with Zoho account, Payment gateway, Clients, Vendors, Billing Software with desktop,
Reason
Leaving business amid Covid-19 and to clear personal debt
Other Details
Currently, businesses reach out to near by local shops for accessing raw materials. They use Cash-and-Carry methodology or engage in Bill-To-Bill payments for daily purchases. Businesses have to travel to the wholesaler at different locations to stock their products periodically. Expenditure is made on logistics to get the raw materials delivered
₹10 to ₹200 Cr
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Contact IBGrid TeamFrequently Asked Questions
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What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?
