1. Businesses
  2. Information Technology
  3. Tamil Nadu
  4. Chennai
  5. SL005119
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Profitable Online Surprise Gifting Business for Sale in Chennai & Bangalore

Listing ID: SL005119
Posted By: Owner
Last Active: 1+ year ago
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About Business

- A Mobile App that enables People to send Surprise Gifts to Loved One's, Friends & Family on their Birthday, Anniversary, Special moments, etc. - Business has been operating since 2015. - Users can Order Surprise Gift Products like Cake, Bouquet, Gift Vouchers, Personalized Gifts, etc Globally from Anywhere thru' our App and we deliver to Gift Receiver Anytime. - Currently we are operational in Chennai, Bangalore, Coimbatore and Pondicherry. - We have 30,000+ customers from India and Rest of the world. - We have strong supply chain of Cake Manufacturers, Florist, etc and currently having around 35 suppliers who supply the products. - Our USP is Surprise Elements like, Deliver Surprise Gifts to People having Birthday's or Anniversary and Enable Excitement & Celebrations to both Gift Sender & Receiver. - 30,000+ Customers with 50%-60% Y-o-Y Growth, Positive Cash Flow, 50% Gross Margin, 30-35% EBIDTA & Positive Operating Net Margin. - Professionally Managed & Process Oriented Organization with scalable Business Execution Model based on latest Digital Technology. - Has the right foundation to expand the business across all major Indian Cities in next 1-2 years timeframe. - ROI can be expected within 2 years based on Business Expansion and Growth.

Reason

Promoters planning to start a new venture in another business domain and would like to focus on the new business venture

Keywords

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Business Tags

Android App bakery cake Digital Marketing E - Commerce Platform E-commerce Business Emerging Brand gift High Profit Margins High ROI Highly Profitable Home Delivery Facility Large customer base Low competition online Online Business Online In-app Online Ordering facility Private Limited Registered Trademarks retail Scope of Expansion Strong online presence Successfully Running Tie-ups with very Big Brands Well-established

₹10 to ₹200 Cr

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Before buying a Profitable Online Surprise Gifting Business for Sale in Chennai, check:
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  • 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 a second-line of management?
  • Are you going to run the business on a 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?

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