Liquor Store Investment Opportunity in Mumbai, India

- India’s first digital led "liquor retail".

- It is an Alco-Bev platform.

- The business has an mobile app with over 100k downloads and also its own website.

- Deliveries are ongoing in Maharashtra. Recently secured a delivery license for West Bengal also.

- Company combines the compliance of a traditional distribution system with the new age of direct-to-consumer e-commerce.

- It has collaborations with various suppliers.

- 90% of area coverage is in Mumbai and Thane.

- The business has made INR 29 crores of sales in the last 20 months at an average order value of INR 2,100.

- Capable of 50% year-on-year organic growth.

- Maharashtra’s first-ever digital bar. Buying booze is now possible at the tap of your fingertips.

- The bar comes to the doorstep to be the digital drinking buddy, all that in the comfort and safety of your home.

- There is a slight dip in sales because of the Covid pandemic.

- Their vision is to democratize liquor value chain.

- Highly scalable and profitable business from day 1.

- Deep tie ups with liquor brands for obtaining products at 25% higher gross margins than legacy players. This supports in achieving profitability from day 1.

- Product and tech stack ready for scale up.

- Exclusive partnership with a top unicorn q-commerce company for demand syndication.

- Founders have three decades of experience in handling liquor retail & distribution and also successfully scaling a tech first business into a multimillion dollar company.

Key Highlights into future prospects:

- Amongst the only 4 companies to be awarded license for online delivery in West Bengal.

- Founder was in the Maharashtra government panel led by E&Y and Diageo for formulation of online delivery framework in Maharashtra.

The company is in the business of delivery of alcohol and delivers different varieties of top quality alcohol.

- Tangible assets: Laptops, computers and printers.

- Intangible assets: Website, app, licenses, and registrations.

The company operates an online platform for delivery of alcohol. It is sourced by various suppliers as they have many collaborations and also a warehouse.

- 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.