Ad ID: 1383
Added: June 25, 2019
Sale Price: 1.3 Cr
Condition: Running 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 through our App and we deliver to Gift Receiver Anytime.
– Currently we are operational in Chennai, Bangalore, Hyderabad, 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.