The business, which was founded by two Shropshire born and bred men and operates from Shrewsbury, plans to expand its rural delivery solution to a national level to compete with major food delivery players.
The delivery service achieved an annual turnover of £665,000 in 2020 with an order growth rate of 108 per cent from 2019. It boasts over 70,000 app downloads and has already made over 250,000 deliveries, with an average order value of £25.60 and average delivery time of 24 minutes.
It is opening its business to investment opportunities through Seedrs, a UK crowdfunding platform. The company is aiming to raise its first round of external investment to help the business mobilise in new areas, develop its online technology and payment management, expand its team, and move into new premises.
Co-founder Dave Hamlet has an accomplished career in the UK’s food and beverage industry, having previously held the position of commercial director across the UK and Ireland for drinks brand Monster. He has used his extensive experience to secure a partnership with heavy weight brand, Co-op, with others in the pipeline.
Mr Hamlet said: “Right from the start I saw a huge potential in what Zoom 1hr could accomplish, and having achieved annual growth year-on-year since inception, I’m delighted my instinct was right.
“Winning the contract to become the third national last-mile delivery partner for Co-op created an opportunity to expand our own services across Wales and bordering English counties last year. 2021 sees our sights set on expanding further across England, Scotland and Wales, partnering with thousands of British businesses. With the right investment, our national rollout plan will thrive.”
Zoom 1hr believes major food delivery players have left huge swathes of the population outside major cities underserved. Rural areas and towns are a key target for the business.
Kevin Williams, Zoom 1hr founder, added: “We have carved out a place in a rapidly growing marketplace by targeting areas that have so far been underserved by our competitors, by covering a larger radius for delivery. We believe these areas are the places where delivery solutions are needed more than ever.”