Good Groceries Company

Thin Cakes Co-op 10

Melville, New York

http://www.goodgroceries.com/

Total Raised
$166,371.00
Total Payout
$175,727.00
Instructions

Inventory Inspection Type

14.87% Annualized $93.56 profit per pack

4.6 MonthsCo-Op Completed

19% 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 exacerbated 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 raises have brought in a continuous flow of product that was sold before it even reached port and payment, in full, made to our generous backers often ahead of schedule. Demand and back orders for our products continues to grow. Our manufacturers are long time partners and value our business. This line is recognized throughout North America; both in stores and online through 3rd party sellers. It has been the perfect product line to grow a long term relationship with Kickfurther, ensuring product availability for our growing customer base.

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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