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Food Delivery Startup Investment Opportunity in Uvita, Costa Rica

New and expanding delivery app in Costa Rica, 3,500 users seeking capital for LATAM growth.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 78 thousand
EBITDA Margin 40 %
Industries Mobile Apps + 1 more
Locations  Uvita
Local Time 9:47 AM America / Costa Rica
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 500 thousand for 15.0% stake (Native Currency: USD 500,000)
Reason: The funds are being allocated for expansion across Costa Rica and further research and development (... View More
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Business Overview
- Operates a niche delivery app focused on high-tourism areas in Costa Rica, addressing the scarcity of organized food and grocery delivery services.
- Launched in June this year in Uvita with promising early traction, securing 1,500 users and achieving over USD 10,000 in sales to date.
- Monetizes through a dual commission revenue model, garnering 15% from restaurant partners and an additional 15% from delivery fees.
- The company has a small, agile team of 4 employees, enabling lean operations and quick adaptations to market needs.
- Positioned for expansion not only across Costa Rica but also targeting broader opportunities in the LATAM region.
- Capitalizing on the robust tourism industry in Costa Rica to drive demand and user growth in the food delivery sector.
- Shows potential for scalability and profitability, leveraging its initial market success and growing user base.
Products & Services Overview
The business's top-selling service is an app that offers food and grocery delivery in high-tourism areas of Costa Rica, addressing the lack of organized delivery services. The business has also recently expanded to include B2B deliveries for local merchants and hotels.
Assets Overview
Intangible assets: App on iOS and Google Play.
Facilities Overview
We operate as a Software-as-a-Service (SaaS) company with no physical office space. Our team works remotely, providing software solutions that are accessible online.
Capitalization Overview
Bootstrapped plus friends who have invested.
4 partners:
Founder CEO - 40%
Spouse of founder - 43%
Friend 1 - 15%
Friend 2 - 2%
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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