Cloud Kitchen Startup Looking For Investors In Coimbatore

About Business

The company offers a diverse range of meal services, including subscription-based food delivery that brings homemade-style meals directly to customers every day. For businesses, they provide corporate meal subscriptions, delivering affordable and customized meal plans tailored to office environments. Their event catering services are designed to cater to parties, gatherings, and special occasions, offering personalized menus to suit any event. Additionally, the company specializes in large-scale meal preparation through bulk orders, catering to both corporate functions and private events with ease and efficiency.

Clientele type

Currently, the company serves a client base of 160 individuals. This includes 50 people working at a nearby IT company, as well as 110 employees across two other different companies.

There is significant potential for expansion, as there are numerous companies in the surrounding area that could benefit from the services offered. Additionally, there is an untapped audience, such as students, who could be targeted to further grow the client base.

Premises

LEASED

Lease per month (in INR): 25.00 K

Security Deposit (in INR): 1.25 L

Carpet Area: 1,600 sq ft

Asking Price Includes

The company is equipped with the following assets to support its operations:

2 Electric Two-Wheelers
1 Electric Tata Ace
1 Single Burner SS
2 Double Burner SS
1 Dosa Bhati SS
1 200 Idly Maker
8 Cylinders with Deposits
10 kg Grinder
10 kg Atta Kneader
Voltas 400L Refrigerator
Commercial RO Machine
Store Racks
False Ceiling
Security Deposit of ₹1.4 Lakhs
All Required Food Licenses
Fully Functional Dynamic Website

The company is offering 50% equity to potential investors, with terms to be defined based on mutual agreement between the company and the investor.

Asking Price

INR 75.00 L

Minimum ticket size

INR 35.00 L

Reason

The primary reason for seeking this transaction is the lack of financial resources to effectively manage the business, despite its strong growth potential. As a newcomer in the industry, the challenges of handling both operational and financial pressures while scaling the business have become increasingly difficult. The company has demonstrated significant promise, but without the necessary funding and expertise to navigate these hurdles, the founder is open to investment or a full sale to secure the future growth and success of the business.

More Details

Unique Selling Proposition (USP):
The company stands out by offering healthy, homemade-style meals crafted with cold-pressed oils and unique spices. It provides affordable pricing while maintaining high-quality standards.

Customer Base:
The service has gained popularity among working professionals, families, and corporate clients, forming a loyal customer base.

Operational Efficiency:
With an efficient delivery system and customizable meal plans, the company ensures flexibility and convenience for its clients.

Brand Trust:
The company is FSSAI-certified and GST-compliant, which adds to its credibility and customer trust.