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SELLER GUIDE
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Marketplace

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Marketplace | Food and Drink

Verified Listing
Lyt Meals helps customers discover, order and manage meal subscription plans in their local area. It's like uber for food subscription service.
Business Location
Site Age
3 years
Monthly Profit
USD $316 /mo
Profit Margin
24%
Page Views
16,441 p/mo
Profit Multiple
2.5x
Revenue Multiple
0.6x
Asking Price (Classified)
USD $12,000
USD $9,600
Reduced 20%

About the Business

Lyt Meals, a meal subscription marketplace launched in 2022, occupies a distinct niche by connecting culinary enthusiasts, home chefs, and small food vendors directly with consumers seeking meals on a subscription basis. It diverges from typical food delivery services through its robust business model centered around service subscriptions. Vendors subscribe to the platform to access a broad audience, leveraging tiered benefits like marketing support, enhanced visibility, and data analytics for growth. Additionally, Lyt Meals charges commissions on all meals ordered via its platform. The user base is split between urban millennials and working professionals who seek authentic food experiences. The platform offers a seamless experience through its app and website, enabling consumers to explore diverse and often undiscovered food options conveniently. On the vendor side, Lyt Meals attracts home chefs, small-scale food businesses, and established brands, providing an ecosystem for building their presence and accessing consumer analytics. Technology underpins Lyt Meals' operations, with a robust platform managing orders and providing dashboards for customers and vendors to manage their services. The marketplace's user-friendly interface and reliable backend ensure smooth transactions and service delivery. Continuous investment in tech infrastructure aims to retain existing customers and attract new ones. Financially, Lyt Meals has seen growth in both user base and revenue since its inception. While exact figures are undisclosed, the subscription model facilitates a steady income stream complemented by event-driven revenue spikes. This model supports sustainable growth and future investments, positioning Lyt Meals as a significant player in the food tech marketplace.
Asking Price (Classified)
USD $12,000
USD $9,600
Reduced 20%

Data Verified Listing
The seller has connected the following data integrations:
  1. Google Analytics

About the seller
I am an entrepreneur who is building product to bring some order in this vast unordered... Read more
Verification Complete
Email address
Phone number
Government ID
Payment Methods
Escrow.com
FlippaPay
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