TECH196 | Startup Exit Platform

FinTech

1hourbuy

CMP2111090003

Type

LLC

Location

Sugar Land, TX, USA

About 1hourbuy

Product delivery app to deliver local product within 1 hr.

Basic Details (1hourbuy Sugar Land, TX, USA)

Basic Detail
Company view on Map and Detail

Property Type	Technology
Company Type	LLC
Sector	FinTech
Company Establishment Year	2019
Website	https://1hourbuy.com/
Company Stage	Seed
Starting Bid	$1,000 (USD)
Participation Deposit	$1 (USD)

Valuation / Other Details

Valuation Details
Other Details

Investor Details

sole investor

Business Turn over (yearly)

700,000 USD

EBITA Margin

300,000 USD

OPEX Average (monthly)

40000 USD

Total Capex (yearly)

688,000 USD

Patent Filed

Time Spend for product development

20 year 12 month

Customer Base

Reason To Sell

moving and exit

Product Overview

Consumer based

Team Size

11-50

Team Details

Executive: 1

Middle Management: 2

Top Management: 1

Technnical: 4

Non-Technnical: 3

Project Status

Fully completed

Company Documents

Company Documents

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reserve not met

Last bid

6,000 USD

Bid Increment

1,000 USD

Auction Closed at 6,000 USD

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Loan Amount

Interest Rate

Loan Tenure In Month

Loan EMI

Total Interest Payable

Total Payment
(Principal + Interest)

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