We are a tech-enabled and impact-driven internet restaurant marketplace with a portfolio of delivery-only brands, which in combination with technology and digital branding is distributed nationwide via Fulfillment Centers.
We empower hundreds of small food entrepreneurs who are impacted by the changing dynamics of the industry. Through innovative collaborations, 4 key nodes of the network are connected using the GKB KitchOS platform: Brand Partners, Fulfillment Partners, Delivery Partners, and lastly Customers.
We started our official operations on the 18th of October 2020, and in such a short time, we have managed to complete the following:
- Delivered 3200+ Items - Generated $25,000+ in GMV - Formed an amazing team covering food development, IT, branding and operations, who can get things done effectively without burning unnecessary cash - Built Phase 1 of GKB KitchOS Platform - Opened 3 fully-operational global-standard kitchens in Dhaka - Launched 4 unique delivery-only brands - Secured Partnership with 4 Food Aggregators - Hired consultants to ensure 100% Regulatory Compliance
End Consumer Segment: Technologically advanced male and female aged 22-45 (both student and working professionals) with a busy lifestyle, relatively well disposable income, and values convenience.
Market Size: 720 Cr. BDT ($84M USD)
Problem or Opportunity
1. Owing to shrinking margins, physical restaurants are forced to survive through Economies of Scale, however, achieving economies of scale through expansion, is expensive, risky, and time-consuming.
2. Cloud kitchen developments are on the rise, however, aspiring restaurant or cloud kitchen owners (foodpreneurs) do not have access to a combined solution or platform that will help them to build their venture and run it profitably.
Solution (product or service)
Solution: a tech-enabled and impact-driven internet restaurant marketplace with a portfolio of delivery-only brands, which in combination with technology and digital branding is distributed nationwide via Fulfillment Centers
Key Benefits to Aspiring Partners:
Low CapEx Low Cost Less Hassle
There is only one other multi-brand cloud kitchen company in Bangladesh called Kludio.
Advantages or differentiators
GKB’s Competitive Advantage Over Kludio:
-Significantly faster in action. -Significantly lower investment per kitchen. -Significantly lower head office expense. -Stronger Partnership with Delivery Partners. -Stronger Marketing and Branding Team. -Nationwide Business Insight -Global Business Experience
There are two Revenue Streams:
Own Kitchen (Fulfillment Centers) Revenue - Our self-managed kitchens (fulfillment centers) are already generating revenues.
Revenue via Fulfillment Partners - Once introduced, we will take a 5% commission on each transaction.
Estimate based on 520 Internet Restaurants with 7,249 BDT per day in GMV on average.
Through innovative collaborations, we connect 4 key nodes of the network: Brand Partners, Fulfillment Partners, Delivery Partners, and lastly Customers.
Our Brand Partners provide the necessary popular well-established brands Our Fulfillment Partners fulfills the orders generated by delivery partners Our Delivery Partners generates our orders and delivers them to customers Customers order food using Delivery Partner apps.
Money will be spent on
Kitchen Management Software (Phase 2 and Phase 3) Order Generating Platform (Phase 2 and Phase 3) Marketing Promotions and Branding 4 New Kitchens 4 New Own-Brands Head-Office and Kitchen Overheads