SaaS

listed by broker
FoodTech
Founded in
2020
Desired valuation:
Open to offers
Description
We provide restaurants all the services they need to compete with the big delivery players (DoorDash, UberEats, etc) using their own channels. We bring them top-notch ecommerce & apps (+30% conversion rate) and manage for them the last-mile delivery services, connection with channel managers, etc.
Featured metrics
> 90% retention rate, > $ 2000 LTV $ 450 CAC which is going down MoM
Selling details
Type of shares
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Reason for selling
We want to consider all the options in the market
Preferred acquirer
Acquirer involved in FoodTech
Aspirations & growth opportunities
Our restaurants client base is steady growing month by month. There are huge up-selling opportunities by creating new selling channels and get part of the transaction.
Business details
Business model
Subscription (60%) + Transactional (40%)
Customers
36 (Restaurants, each of them can have multiple locations)
Competition
CoverManager
Operational details
Technology stack
Fully made in-house: Vue3 Frontends (ecommerces), Native iOS & android apps, Java microservices backend deployed on google cloud, stripe as payment gateway
Marketing spend
~ $ 55 K (Instagram + Direct sales)
Performance tracking tools
Google Analytics, Mixpanel, PayPal, Other
Financial details
Ownership structure
68% Is owned by the founders, 5% on ESOP, 27% by investors and BA
Last month's revenue
$ 20 K
Last month's profit
$ 8 K
Financial records
Annual P&L summary reports, Online reporting software/tools
Metrics
TTM revenue
$ 120 K
TTM net profit
$ 48 K
Based in
EMEA
Team members
3-5
Acquisition type
Any
Desired valuation
Open to offers
Message Owner
63fde36e7143cf000272a8db
Message Broker
63fde36e7143cf000272a8db