Asking Price

0

Description

Marketplace & Subscription with $158,462 in gross TTM revenue that connects people to quality unsold food from food retailers and wholesalers up which would otherwise be binned. An impact-driven business that turns food waste into a $6 billion market opportunity. Subscription box (launched May 2020):

✅ $122,312 in TTM revenue

✅ $9,581 in gross revenue last month

✅ 180+ subscriptions

✅ CLV $$335 = 7x CAC $48

✅ Approved for $270,000 in government grant

⚙️ Built on shopify with add-on apps

 

Mobile app (launched Aug 2018):

✅ $60.4k gross revenue to date

✅ 35,000+ registered users

✅ 320+ registered venues in Melbourne, Sydney and Brisbane

✅ Mobile app CLV $23.4 = 13x CAC $1.8

✅ Competitors: Ywaste, EatClub, Harrisfarm

✅ Raised $725,000 in funding

⚙️ Code: Swift and Java (Native)

Tech Stack

Mobile app: Native, Subscription box: Shopify

Competitors

Ywaste
EatClub
Harrisfarm

Growth Opportunity

Scaling both mobile app and subscription box nationwide + globally
Improve margins with scale
Branding enhancement
Improve conversion rates
Increase digital marketing
Add new product features
Expand to new markets
Social media marketing

Key Assets

Team members
Codebase and IP
Website
Brand
Social media accounts
Marketing materials
Domain
Customers
Mobile application

# of Customers

1,000-10,000

Team Size

4

Trailing Twelve Months Revenue (TTMR)

122310

Trailing Twelve Months Profit (TTMP)

0

Last Month's Revenue

9580

Last Month's Profit

0

Categories

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