Pet Care And Pet Boarding Startup Raising Funds In Bangalore
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Product / Service
Boarding: A safe and comfortable environment for overnight stays.
Day Care: Supervised daytime care for pets.
Training: Programs to teach and reinforce desired behaviors in pets.
Grooming: Services to enhance pets' physical appearance and hygiene.
Play: Outdoor play services for the pets.
Clientele type
Service Fees: The startup will generate revenue through fees charged for boarding services. This includes both short-term and long-term boarding options tailored to the needs of pet owners.
Subscription Models: It may implement subscription or membership plans that offer discounts or exclusive services to frequent users, providing a steady revenue stream.
Partnerships: It may also consider partnerships with veterinary clinics and pet product suppliers to offer bundled services or products, creating additional revenue opportunities.
Premises
The premises are leased.
Asking Price Includes
The terms of transaction will be discussed with potential investors.
Asking Price
INR 1.30 Crore
Minimum ticket size
INR 300,000 (INR 3.00 Lac)
Reason
They are raising funds to fuel the growth of the startup.
Other Details
This revolutionary startup differentiates itself through:
Technology Integration: A dedicated mobile application offering real-time updates on pet activities, enhancing owner engagement and trust.
Professional Care Standards: Trained staff provide specialized care tailored to individual pets, ensuring their well-being and comfort.
Focus on Boarding Services: Unlike many competitors, it specializes in boarding, filling a gap in the market for high-quality, tech-enabled pet care.
Key highlights:
1. High Gross Margin: Achieving a gross margin of 63% at a utility utilization rate of 61% demonstrates strong profitability potential.
2. Profitability: With a customer base of 1,000, the profitability stands at 39% utility utilization, indicating robust financial health.
3. Fast Capex Recovery: The capital expenditure recovery period is impressively short, at 1 year, based on a utility utilization rate of 50%, ensuring quick returns on investments.
4. Additive Margin: Additional services such as grooming and training can enhance margins by an extra 10%, contributing to overall revenue growth.
5. Scalable Model: The business employs a Partner Model, which facilitates scalability and expansion in various markets.
Founder: An IIT Kanpur B.Tech graduate (2015) with extensive experience in scaling businesses, including launching and growing a Real Money Gaming vertical to $100M GMV within 18 months as Business Head.
Business Tags
₹10 to ₹200 Cr
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