Cloud Kitchen Investment Opportunity in New York City, USA
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | S Corporation |
Reported Sales | INR 85 lakh |
Run Rate Sales | INR 2.9 crore |
EBITDA Margin | 18 % |
Industries | Cloud Kitchens |
Locations | New York City |
Local Time | 8:10 PM America / Chicago |
Listed By | Business Owner / Director |
Status | Active |
- Several restaurants have used our virtual storefronts program to highlight key items on their menus and to add new brands to maximize their kitchen space.
- Our growth rate is 20% in over 8 states within 2 months.
- Around 75 locations have been onboarded across multiple states. The number of locations is increasing daily.
- We have developed our complete technology stack and have established strategic software partnerships to reduce costs.
- Our main facility is an established and fully equipped commissary kitchen in the heart of Long Island, NY that operates 20+ virtual brands and is used to develop menus and concepts.
- With the support of hotels throughout New York, we are creating a cloud platform for kitchen room service which is currently undergoing beta testing at an 83 key Long Island hotel.
- In the next 10 years, our market is expected to reach $1T.
- Our team has already contacted a number of celebrity influencers interested in developing their own brands. These range from famous TikTok bartenders looking into home delivered cocktails to food influencers looking to establish their own food brands.
- We started generating revenue last year so it gradually increased this year with good marketing.
- At present, there are no business loans and debts taken by the company.
- Founder & CEO of the company is a well-known fourth-generation minority restaurateur with 10+ years of experience in the F&B industry. He is a single owner and well versed in both commercial and non-commercial foodservice and has secured over $20,000,000 in New York State, New York City, and local school district food service contracts.
- Creation of virtual brands for existing restaurants.
- Kitchen powered room service for limited service hotels.
Intangible assets: Trademarks, highly recognizable brand, large database of prospective restaurant/hotel partners, large inventory of tablets and printers, refrigerated vehicles.
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Earlier than 15 daysCEO, Business Consultancy, Jersey City, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysVP, Cerritos, Investment Bank connected with the Business
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Earlier than 15 daysPrincipal, Healthcare, USA, Individual Investor / Buyer connected with the Business