Newly Established Food Delivery Company Investment Opportunity in Singapore, Singapore
Established | 0-1 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | USD 53 thousand |
EBITDA Margin | 10 % |
Industries | Food Delivery |
Locations | Singapore |
Local Time | 8:25 PM Asia / Singapore |
Listed By | Business Owner / Director |
Status | Active |
- An integrated platform catering to an expansive spectrum of culinary enterprises, encompassing food hawkers, restaurants, cafés, and food kiosks.
- Our cutting-edge food ordering application seamlessly unifies these establishments, affording them the opportunity to feature on our platform.
- This, in turn, enables discerning consumers to effortlessly place orders for takeaway, whether for immediate dine-in gratification or the unparalleled convenience of having delectable fare delivered straight to their doorstep.
- By providing a centralized hub for diverse culinary establishments, we optimize operational efficiency and amplify market reach.
- We currently have about 500 riders, 5,000 users, and 1,000 merchants operating in Singapore.
- Our competitive advantage is that we charge no onboarding fee for merchants, no additional costs for consumers/ users, and higher pay per trip for riders.
- We have launched our mobile applications on Play Store and App Store.
- Revenue model - per delivery trip we earn 10% from the total order.
- The business has ACRA registration.
- We are in the middle of developing for first AI restaurant project in Singapore.
- We started the business last year but the revenue generation started recently.
- Dine in bookings.
- Take away bookings.
- Priority food order.
- Food delivery.
- Dine in voucher.
- AI consultancy services.
- IT security managed services.
- HR managed services.
- Digital Marketing managed services.
No outstanding loans or liabilities.
There are 2 owners/directors.
-
2 days, 22 hours agoPartner, Jakarta, Financial Consultant connected with the Business
-
6 days, 23 hours agoDirector, Singapore, Business Broker connected with the Business
-
Earlier than 15 daysFounder And Managing Partner, Business Consulting, Singapore, Individual Investor / Buyer connected with the Business