Online food delivery is a tough business, and it’s hurting the restaurants we love. We believe there’s a better way forward, and it begins with looking at how we order food.
What Food Delivery Apps Don’t Want You To Know
• They take a really big bite of profits on every single order. All that money benefits only the delivery app—no one else. This ruthless business model puts restaurants in a precarious position, with little to no room to grow.
• They make profits disappear for our local restaurants. The restaurant business is already tough enough. On a $20 meal, a restaurant will typically make about $1.20. Factor in a commission fee of 30% and you can kiss that razor-thin profit margin good-bye.
• Pricing is altered for everyone involved as well. Delivery apps come in all shapes and sizes, but they have something in common: ruthless commissions and fees. Platform to platform, restaurants are losing profits to these bogus commission rates.
• Their model in this climate will accelerate restaurant closures if our communities don’t do something about it. When a restaurant shutters, the landscape changes permanently. And despite the surge of online orders, third-party apps harm the restaurants they’re meant to help.
With 110,000 independent restaurants closed in 2020 alone, it just isn’t sustainable.
Why LoCo Nashville?
LoCo Nashville is your local solution for third-party food delivery. Unlike the big guys, we don’t charge high commissions on each purchase to local restaurants who are just trying to get their food out to the customers who love it. Why? Because those local restaurants owners own LoCo Nashville too! That means LoCo Nashville is a sustainable, affordable model for the small business owners, keeps your money in your community and offers better prices and customer service for hungry people like you. So dig in!