Hyperlocal E-Commerce Business for Sale in Bhubaneshwar
Email
Phone
Google
LinkedIn
Facebook
Product / Service
This Private Limited business is operational since January 2015. Their Mantra is to create a bridge between online and offline shopping experience for the consumer and boost sales of retailers who do not a have online presence. They specialize in providing best offers in different products and services across all hyperlocal platforms. They have their own Innovative Mobile Application available on Google Play Store. They have multiple service providers from various locations and industries registered on their platform, offering the best offers available offline and forward it to the online users in form of push notifications to their hand-held device depending upon their location and preferences.
Google Play Store downloads: 1000 plus
Sellers registered: Around 300 . They charge Yearly Membership fee of INR 1000 from Sellers
Registered users: 2000
4.7-star rating on Google Play Store
Team strength: 17. Monthly office rent is INR 60,000 and area is 2100 sq.ft.
They charge 15% commission on each order from Sellers.
The turnover for FY 2017-18 was INR 29.2 lakhs. Asking price is INR 80 lakhs. (Negotiable) (Breakdown - Android App, Copyrights, 15 Laptops, 2 Printers, 1 Projector, Marketing Expenditure, Office Interior & Furniture)
Promoters invested around INR 60 lakhs in this Business
Reason
Lack of working capital
Keywords
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
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?
