Liquor Store Investment Opportunity in Mumbai, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 3.6 million |
Run Rate Sales | USD 3 million |
EBITDA Margin | 10 % |
Industries | Liquor Stores + 1 more |
Locations | Mumbai |
Local Time | 1:51 PM Asia / Kolkata |
Listed By | Advisor / Business Broker |
Status | Active |
- The startup has received a soft commitment from the team behind Zerodha.
- Alco-Bev discovery, delivery, and experience platform.
- Deliveries are ongoing in Maharashtra. Recently secured a delivery license for West Bengal as well.
- Company combines the traditional distribution system with direct-to-consumer e-commerce. - 100,000+ app downloads on Google PlayStore.
- Reached 90% area coverage in Mumbai and Thane.
- INR 29 crore of sales in the last 20 months with an average order value of INR 2,100.
- There is a slight dip in sales because of the Covid pandemic.
- Founders: after waiting for a decade, the sibling founders used a perfect window to kickstart their venture in May 2020. They aim to build India’s first experiential full-stack marketplace for Alco-Bev.
- One of the founders is a 2x founder and was successful in bootstrapping his last venture which is currently valued at USD 15 million, with offices in the US, EU, and India.
- The other founder is a seasoned technologist with experience in large-scale system design, product management, and digital transformation.
- They are open for the first fundraising to enhance product capabilities, accelerate growth and expand markets.
- This transaction is being handled by an advisor based in Mumbai.
Home delivery of alcohol, and alcoholic beverages in a direct-to-consumer model.
Laptops, computers, and printers are the tangible assets owned by the company.
Intangible assets include the website, mobile apps, licenses, and business registrations.
The company operates from a rented office space in Mumbai.
- Founders: After waiting for a decade, the sibling founders used their perfect window to kickstart their next venture, which aims to build India’s first experiential full-stack marketplace for Alco-Bev. A $50 billion market is finally opening up for digital transformation.
- One of the founders is a 2x founder and was successful in bootstrapping his last venture which is currently valued at $15 million, with offices in the US, EU, and India.
- The other founder is a seasoned technologist with experience in handling large-scale system design, product management, and digital transformation.
- They are now open for their first fundraising to enhance product capabilities, accelerate growth and expand markets.
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5 days, 2 hours agoManager, IT, Event Management, Facility Management, Catering, Accommodation, Doha, Individual Investor / Buyer connected with the Business
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1 week, 2 days agoDirector, Auto Parts, Delhi, Corporate Investor / Buyer connected with the Business
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1 week, 5 days agoDirector, Agriculture - Fishing, Bhimavaram, Individual Investor / Buyer connected with the Business