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Invest in Go LoCo

Restaurant-owned delivery cooperatives powered by ordering & delivery platform

Highlights

1
πŸ“ˆ $1.2 Billion serviceable obtainable market by year 5 (not guaranteed)
2
πŸ₯‡ First to market, Turn-key Delivery Co-op product
3
πŸ‘‘ Leadership heavyweights from Microsoft, Apple & California Restaurant Association
4
πŸ₯³ Planned launch across 18 US cities in next 24 months

Our Team

Independent restaurants are the last bastion of independent retail. They are most often the true reflection of a community’s character. However, without a transformation, third-party delivery companies will kill independent restaurants outright. With them, will also die the spirit of so many communities.

Give independent restaurants, power, and a stake in the future of food delivery.

Problem 

πŸ’Έ While apps like DoorDash, Grubhub, and Uber Eats help customers, they’re charging restaurants with commissions of up to 40% leaving no profit

🦠 Restaurants maintain a parasitic relationship with third parties out of fear their customers will not be able to find them

🀬 Third-party apps provide very poor customer service, leading to conflict between restaurants and their customers

πŸ˜” Communities and restaurants feel they have no way to combat these third-party apps

πŸš— Delivery drivers for the big three delivery platforms make low hourly rates, making retention low

πŸ’Έ Third-party apps take ownership and utilize customer data often cannibalizing restaurants' existing customers, or establishing fake or ghost restaurants in direct competition with local entities.

Solution: Local, restaurant-owned delivery cooperatives 

Ownership matters. Cooperatives give the people closest to the business more power and a stake in its success. With the right support and technology, restaurants can ditch expensive third-party apps.  With Go LoCo, restaurant members share in the profits from delivery. But that's not all. 

πŸ˜€ Consumers still have: An easy to use food delivery app 

πŸ˜€ Restaurants now have: Control over their pricing, the ordering experience, and customer service 

πŸ˜€ Drivers now have: Competitive compensation and reliable support 

Product: Turnkey Delivery Cooperative

πŸ–Œ Bring local, independent restaurants together and support them to form Legal Co-ops. 

πŸ‘¨β€πŸ’»To kick-start their business we give guidance, templates and enable planning of Business Modeling, Operations, and Marketing.  

πŸ’‘ Our Technology (Marketplace app, Google Food Ordering Channel, AI-Driven Restaurant & Guest Management, Dispatch for Last-Mile Delivery) gives Co-ops the tools to set up and run their own delivery platforms. 

πŸ‘¨β€πŸ’» We provide hands-on Coaching to Co-ops to launch and continue to drive the success of their business.  

Business Model 

* Setup price varies based on size of market and commitment required to achieve successful set up.

** % of food & beverage

Competition

With Go LoCo restaurants, drivers, and guests all gain from our superior model. Below we compare Go LoCo with the biggest players in the US market. 

*Note: This comparison assumes unlimited driving zones and equitable placement of restaurants within marketplaces.

Total Addressable Market- US 

Forward-looking projections cannot be guaranteed.

Early Market Traction

πŸ“ Independent Co-ops previously established by Jon Sewell

🍎 CHOMP, Iowa City

🍎 NoCo Nosh, Front Range, Colorado

πŸ“ LoCo Co-op established Co-op’s

🍌 Las Vegas

🍌 Omaha

🍌 Tampa Bay

🍌 Knoxville

πŸ“ Go LoCo opportunities

πŸ† Chicago

πŸ† Albany

πŸ† Louisville

πŸ† Southern New Jersey & Philadelphia suburbs 


Target Customers

We BUILD our target customer by establishing a turnkey co-op in a supportive community. These include: 

πŸ‘¨β€πŸ³ Independent restaurant owners

🍴 Restaurant purchasing groups

πŸ›  Municipalities

πŸ›΅ Delivery service owners

πŸ‘©β€πŸ’» Local entrepreneurs

⚑ Estimated Lifetime Co-op Value $800K over 10 years

Go to Market Strategy 

We have been overwhelmed by restaurateurs and community leaders reaching out to explore the Go LoCo opportunity.

We are working with interested individuals in the following markets; Albany, Chicago, Tucson, Louisville, Hamilton County, Salt Lake City, and Southern New Jersey.  As we grow, we will capitalize on strategies previously used to generate interest. Notably: 

πŸ”œ Municipality and restaurant outreach 

πŸ”œ Local funder outreach 

πŸ”œ Public relations & media

πŸ”œ Restaurant industry events and marketing e.g. Restaurant Marketing & Delivery Association (RMDA) has 550+ active restaurant delivery service members

About us

Go LoCo is a joint-venture and public benefit corporation. The venture brings together the efforts of two companies LoCo Co-ops and Dine.Direct. The founding teams met at a conference last year. Our teams work really well together, driven by the same goal- a passion to put restaurants back in control of food delivery. The closer we work together, the faster we move.

LoCo Co-ops, brings all the actors together- restaurants, drivers, and customers. They work with restaurant owners in cities across the United States to create co-operatives. They also give hands-on coaching that draws on years of local delivery experience.

Dine.Direct provides a white-label platform to local delivery companies and restaurants that are easy to use. They offer guest marketplace apps, easy order menus, restaurant management and integrations with last-mile delivery software providers and driver apps.

Financials 

Forward-looking projections cannot be guaranteed. 

Media

πŸ“° Squeezed by big guys, CHOMP bites back

πŸ“° Local Delivery Alternatives Bite Into DoorDash, Grubhub, and Uber

πŸ“° GrubHub destroys local restaurants & exploits workers. But in Iowa City restaurants fought back by creating CHOMP β€” a restaurant-owned delivery cooperative.

πŸ“° Why are some restaurants shutting the door on food delivery giants?

πŸ“° What does the future hold for Delivery Apps

Overview