BOROUGH BOX LTD
BoroughBox champion independent food and drink producers from across the UK and beyond. Their unique ecosystem makes such products accessible to all: driven by logistics services and warehousing, they power a direct-to-business wholesale offering, alongside a direct-to-consumer retail offering. With new producers now queueing to join, BoroughBox will use the funds to improve the infrastructure for on-boarding into their warehouse and invest in more staff.
A sales and services solution for the independent food and drink sector
The delicious products in our boxes vary from cheese to wine, chocolate to condiments, and are all handpicked for product discovery. Our boxes are a must for any adventurous foodie, or someone simply looking to expand their horizons and support independent produce. They can be purchased as a one-off and gift purchase with same-day delivery in London, or you can choose to take out a monthly subscription. Sample our products by earning a reward below!
Our goal is to build the largest independent food & drink destination in the UK, with food and drink being a growing sector worth £27bn in sales, in the UK alone. We will use the funds raised in this campaign to make sure we can keep building the physical side of the business and not have to turn new clients away. We also need additional headcount to manage the services side of the business, and staff to manage wholesale accounts.
The loan will be paid back through our continued growth of logistics services & direct product sales (wholesale & retail). Our warehouse is at less than 50% capacity, with a number of businesses deep into the pipeline for on-boarding. Each new warehouse client brings further sales opportunities through the product accessible to us. We are currently finalising a large export deal to Asia alongside increasing average order value to existing sales channels and key clients.
Where will the funds go?
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A. Hi Alan,
We are increasing our warehousing clients by 20% over the next two months, and our wholesale sales are increasing weekly. We're quite confident that the model is now developed and scaling. As a bootstrapped business to date we have always had to balance risk against scale. We're quite happy to have established such a rounded set of revenue streams organically with each beginning to flower nicely. Thanks for the question.
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"A sales and services solution for the independent food and drink sector"
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