Description
Deliver.sg is a food delivery platform and mobile app which started back in 2020. Within 1st month of February 2020, we obtained our first 1,000 users who have signed up through our app. By March 2020, we have onboarded our first 100 merchants. As of today, we have grown a lot from zero to more than 10,000 users signed up, over 100,000 daily visitors, and 300 merchants of varying cuisines, which includes big brands like Burger & Lobster and Ayam Penyet Ria.
This is operated as an islandwide food delivery platform. The key business activities include food delivery services from our merchants to our users. We also provide various ad-hoc courier services as a secondary service such as delivery of documents.
We have been using third-party logistics services for the past 2 years. We are in the midst of starting our own fleet of in-house drivers and freelance drivers where we will be able to fulfill (up to 90%) most of the deliveries ourselves. This will allow us to fulfill the majority of the deliveries, improving our operations, and making it more efficient. Currently, we have 4 riders that help to fulfill the delivery requests. We are also planning to expand the business overseas.
The estimated sales revenue is about $600k for 2021 and a net profit of about $80k for 2021.
Year 2022, the revenue is hitting $1.2million, with approximate net profit of $250k
The staff strength of (10) includes 8 employees and 2 directors.
Having 3 Delivery vehicles and there are many interested investors enquiring about this deal.
We are expecting revenue of $2.5mil in 2023 and our technology has the scalability to expand to India, Philippines, Malaysia, and Indonesia. We are in the midst of expanding to these countries. Many government bodies and personnel has expressed interest to partner us.
We are looking at finding interested investors/partners to join us to grow the business. If you're interested do contact us at 91834413 to find out more.
Don't miss the good deal!
We are Seeking Pre-Seed Money SGD 1 Million As a SAFE note for a 20% Discount at SGD 10 Million Cap.
We are also open to smaller investments. Please contact us for more info.
Singapore
