Hyperlocal E-Commerce Business for Sale in Bhubaneshwar

Listing ID: SL005197
Posted By: Owner
Last Active: 2+ months ago
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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

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