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Newly Established Last Mile Delivery Company Seeking Loan in St. Augustine, USA

Startup food delivery business by water: connecting land to water in St Augustine, seeks funding.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 6 thousand
EBITDA Margin 5 %
Industries Food Delivery + 1 more
Locations  St. Augustine
Local Time 4:19 PM America / Chicago
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 20 thousand for 11.0% annual interest, 5 years (Native Currency: USD 20,000)
Reason: Need funds for working capital, dockage charges, website development and marketing costs. We pay in... View More
Collateral Available: USD 2 thousand
Includes physical assets worth USD 20 thousand
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Business Name
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Business Overview
- Startup food-delivery service operating by water in St. Augustine, specializing in boat-to-beach logistics.
- Core service: On-demand delivery of grocery, provisions and pre-made dinners to sandbars, mooring fields and anchored boats.
- Target customers: Boaters, day-trippers, sandbar groups, marina guests and local residents needing water-access delivery.
- Revenue model: Per-delivery fees plus markup on groceries and prepared meals; partnerships with restaurants and grocery stores generate referral and commission income.
- Key partnerships: Local restaurants, chefs, grocery stores, St. Augustine marina and city officials to secure access and streamline waterfront deliveries.
- Competitive advantage: Unique water-based last-mile delivery niche, faster boat-to-boat and boat-to-shore service compared with land couriers.
- Operations: Lean team of 2 employees with boat-enabled logistics, registration certificate in place and recent launch with growing sales traction.
- Strategic support: Investor backing includes an experienced boat-builder, aiding fleet reliability and maritime operations.
- Market opportunity: Rising demand for convenient waterfront food delivery and sandbar provisioning in a tourist-driven coastal economy.
Products & Services Overview
Delivery of food items on sandbar and mooring fields.
Top selling products are grocery, provisions and pre-made dinners.
Assets Overview
Assets include a truck, boat accessories, heaters, bags, a printer, and a trailer.
Facilities Overview
We rent a boat slip at the city marina and have rented an office for storage in a marina nearby.
Capitalization Overview
We have a business credit card.
Started with own capital.
Have 2 small angel investors.
Recent Activity
  • Earlier than 15 days
    President, Indianapolis, Business Broker connected with the Business
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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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