New-age & High-tech Meal Delivery Company

Greater Boston, MA
Middlesex County

Asking Price: Annual Revenue:
$519,294 $1,471,449

Food & Beverage: Suppliers, Vending

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RE: New-age & High-tech Meal Delivery Company Broker: Sanjay Ahuja

Quick Facts

Asking Price: $519,294
Annual Revenue: $1,471,449
Net Profit: Not Disclosed
Cash Flow: $205,863
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: 28
BBN Listing #: 700152515
Broker Reference #: BOSTOMA002-N13

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Business Overview:

Unique and exciting opportunity to acquire a new-age meal preparation and delivery services company serving freshly prepared meals that are hand-crafted using many locally sourced ingredients. Since inception in 2012, the company has made 51,000 deliveries, serving 260,000 meals created out of 152 company perfected recipes, to 3,100 unique customers in the Greater Boston area. They currently serve around 320 customers every week, averaging $91 per order, and projecting to close $1.5 million in 2019 revenue with $205,000 in owners discretionary earnings. The company has created a scalable, leading edge technology platform that enables large batch production of its high-quality food, and a ‘Uber’ like delivery experience for its drivers and customers. The owners’ skills and passion lie in creating and building startups, and not in running mature businesses. A Buyer with digital marketing skills, or a culinary/catering, or operational background, will be able to take the business to the next level by leveraging the platform, technology assets, customer base, and the teams built by the founders, who are proud of what they’ve built, and are ready to transition the great business to a new owner.

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Reason for Selling:

Other business interests

Additional Details:

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

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