MergerPlace

Grocery Delivery Service in Hawaii

Hawaii


  • Asking Price: $145,000
  • Gross Income: $200,000
  • Cash Flow: $33,800
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $1,000
  • Listing ID: #211130
  • Established: 2010
  • Employees: 2

Business Description

A growing and profitable home-based grocery delivery service company in Hawaii will provide a buyer with the opportunity to continue this growing operation using all of the tools, websites, business model, etc. developed over the last 8 years.

The idea for the Company came from the owner’s own travel experiences and vacations. They would arrive after many long hours of waiting in line at the airports, flying for many hours, then waiting in line for the luggage to arrive, then waiting in line at the rental car agency then driving to their hotel or condo. They were tired and wanted to relax and not think about what was needed in their kitchen. They did not want to spend part of their first day driving around to find a grocery store, standing in line, fighting traffic and putting stuff away. They just didn't like missing out on their vacation time. Out of this hassle, the Company was created to provide visitors to Hawaii the opportunity to spend time doing more important and fun things than shopping for groceries in paradise.

Most of their customers are visitors to Hawaii, staying in a condo, house or hotel which has a kitchen, and who want the convenience of having their full grocery order, including alcohol, delivered to them prior to their arrival.

They have a state-of-the-art website with full shopping cart capabilities. Customers browse this website store, which has over 5,000 items, as they would browse the aisles of their local grocery store, adding the items they need to the cart. Once shopping is completed the customers proceed to the convenient and secure checkout and pay by credit card. Customers provide the Company with the delivery location and delivery date and the Company delivers to the customer’s house, condo, or hotel just prior to their arrival in Hawaii. Generally, the Company is paid at least two days before delivery, so they have no investment in Inventory, its all paid upfront. They apply a price markup and charge a delivery fee to generate an excellent profit margin.

The concept of grocery delivery is relatively new and is growing like gangbusters all across the US and the world. It is especially valuable to tourists who don’t want to waste their valuable time grocery shopping in Hawaii’s paradise.

Between 2014 and 2017 sales grew 94% and they expect that growth will continue at a very good pace because more Hawaii visitors will learn of the benefits of this service and go to their website.

This is a great business to operate out of your home (the current owners deducted $21,000 of home related expenses off their taxes in 2017); everything is in place for a new owner to keep it moving to continued growth and profitability. The Business is being offered on a turn key basis and the owners will provide suitable training and sign a long term non-compete agreement. This is a great way to live and work in Hawaii.

To receive a very detailed Confidential Business Profile, with tax return-based financials, please contact us.


Business Details

Primary Business Category: Services - Other Services
Location: Hawaii

Company Information

Year Established: 2010
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 2

Financial Information

Asking Price: $145,000
Gross Revenue: $200,000
Cash Flow: $33,800
FF&E: $1,000
Seller Financing Available: No

Property Information

Facilities:

Home based close to customers

Growth & expansion opportunities:

One of the world's fastest growing service businesses

Competition:

Limited direct

Reason for selling:

Illness

Support & Training:

4 weeks

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Business Listed By:

Tom Caltrider

Hawaii Business Sales