The online platform, operating since 2017, has emerged as a significant player in the Food and Drink industry, helping food enthusiasts connect with vendors. With a Domain Authority of 17, this platform offers a seamless service where users can discover, order, and enjoy various culinary offerings. Over the past three years, the platform has seen revenue growth from 105k Euros in 2021 to 130k Euros in 2023, maintaining high margins of approximately 58%. It collaborates with 125 restaurant partners and serves around 25,000 active users, primarily across the Abruzzo region of Italy. The service's marketing expenditure is minimal, about 500 Euros monthly, benefiting from partnerships that drive site traffic.
Revenue is generated from commissions, delivery fees, and initial contract fees from restaurant partners, with the majority coming from commissions. The operational team comprises one full-time and two part-time staff, managing the business and customer service, and employs freelance drivers for deliveries. Key costs include advertising and personnel. The platform's approach combines strategic marketing initiatives and a strong partner network to ensure growth and profitability, while retaining customer loyalty. The potential for expansion is high, with plans to grow across Italy. Final data for March 2024 is pending.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself, or use our new official verification and assessment service. We provide a deep analysis, identify hidden risks, and independently assess the value of the business. Packages start at $1,000. Learn More