Good Groceries Company

Good Groceries Company Co-Op 3

Melville, New York

Total Raised
Total Payout

Inventory Inspection Type

70.13% Annualized $1.63 profit per pack

1.1 MonthsCo-Op Completed

95% PercentileAnnualized Co-Op Profit Margin Rank

 Covid-19 is certainly having an impact on the food industry in many ways. Higher demands for inventory and stresses on the distribution and manufacturing infrastructure has created many obstacles.

Looking to overcome current obstacles and attain future growth we feel it imperative that our online presence be strong and diverse. We've committed to Google's small business development program as well as hiring a top-rated Amazon marketing company.

Leading up to the current worldwide crisis eCommerce sales were growing year after year as brick on mortar stores shut their doors. This has all been amplified by the current environment and we strongly feel that online purchasing will be at an elevated level when we come out the other side.
Our current inventory demand is exasperated by our existing retailers. Keeping up to demand has stretched our vendor credit limits to the max leaving little room for further growth i.e. eCommerce launch.

Incorporating Kickfurther has been a success! Our initial raise brought in a container of product that was sold before it even reached port and payment, in full, made to our generous backers way ahead of schedule. Demand and back orders for or products continues to grow. This new current funding raise will be for ten containers of our oat non dairy beverage needed to fulfill Costco's growing demand. Our Suzie's oat milk is a perfect product to continue the expected long term relationship with Kickfurther; ensuring uninterrupted product availability for Costco.

We look forward to future raises that will include our other items such as organic RTE Quinoas, Organic saltine crackers, specialty cookies and many more.

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