Grocery Delivery Service in Hawaii

Not Disclosed, HI

Home based near customers

Asking Price: Annual Revenue:
$125,000 $233,900

Food & Beverage: Grocery & Food Stores

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RE: Grocery Delivery Service in Hawaii Broker: Tom Caltrider

Quick Facts

Asking Price: $125,000
Annual Revenue: $233,900
Net Profit: Not Disclosed
Cash Flow: $44,000
Total Debt: Not Disclosed
FF&E: $1,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 2
BBN Listing #: 753652757
Broker Reference #: Delivery - T

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Business Overview:

A growing and profitable home-based grocery delivery service company in Hawaii will provide a buyer with the opportunity to continue this growing operation using all of the tools, websites, business model, etc. developed over the last 8 years.

The idea for the Company came from the owner’s own travel experiences and vacations. They would arrive after many long hours of waiting in line at the airports, flying for many hours, then waiting in line for the luggage to arrive, then waiting in line at the rental car agency then driving to their hotel or condo. They were tired and wanted to relax and not think about what was needed in their kitchen. They did not want to spend part of their first day driving around to find a grocery store, standing in line, fighting traffic and putting stuff away. They just didn't like missing out on their vacation time. Out of this hassle, the Company was created to provide visitors to Hawaii the opportunity to spend time doing more important and fun things than shopping for groceries in paradise.

Grocery delivery is the fastest growing component of the grocery market in the USA. Industry experts say that the 3-year growth rate for online purchases of groceries was 38.4% (compared to the in-store growth rate of only 0.8%). Grocery delivery service only amounted to only 5% of total grocery sales showing how much upside is available in this market.

Most of their customers are visitors to Hawaii, staying in a condo, house or hotel which has a kitchen, and who want the convenience of having their full grocery order, including alcohol, delivered to them prior to their arrival.

They have a state-of-the-art website with full shopping cart capabilities. Customers browse this website store, which has over 5,000 items, as they would browse the aisles of their local grocery store, adding the items they need to the cart. Once shopping is completed the customers proceed to the convenient and secure checkout and pay by credit card. Customers provide the Company with the delivery location and delivery date and the Company delivers to the customer’s house, condo, or hotel just prior to their arrival in Hawaii. Generally, the Company is paid at least two days before delivery, so they have no investment in Inventory, it’s all paid upfront, thus no working capital investment. They apply a price markup and charge a delivery fee to generate an excellent gross profit margin in 2018 of over 34%

The concept of grocery delivery is relatively new and is growing like gangbusters all across the US and the world. It is especially valuable to tourists who don’t want to waste their valuable time grocery shopping in Hawaii’s paradise.

Between 2014 and 2018 sales grew 93% and they expect that growth will continue at a very good pace because more Hawaii visitors will learn of the benefits of this service and go to their website.

This is a great business to operate out of your home (the current owners deducted $21,000 of home related expenses off their taxes in 2017); everything is in place for a new owner to keep it moving to continued growth and profitability. The Business is being offered on a turn key basis and the owners will provide suitable training and sign a long term non-compete agreement. This is a great way to live and work in Hawaii.

To receive a very detailed Confidential Business Profile, with tax return-based financials, please contact us.

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Property Features and Assets:

Home based.

Market Competition and Expansion:

Grocery delivery is one of the world's fastest growing service businesses.

Reason for Selling:


Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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