Listen "Lunch For Under $6"
Episode Synopsis
Lunch for under $6. That’s what MealPal promises. Here’s how it works: you place an order online, anytime between 5:00 pm the night before and 9:30 am that morning, and you get to choose from lots of restaurants that have partnered with MealPal. Each restaurant offers just one meal, but you get a picture and an ingredient list. Set when you want to pick up your lunch, between 11:00 am and 3:00 pm. Then at lunchtime, you walk up to the counter—skipping that long lunchtime line—and pick up your lunch. That’s it.Of course, what makes this possible is economies of scale. As founder Mary Biggins explains, “we're really helping restaurants with their labor costs. So for restaurants, labor is actually the biggest cost that they have. That accounts for over 35% of their total cost. It's much more than food. Food is usually about 25% of a restaurant's cost. And so because on MealPal, each restaurant is only offering one meal per day, they get a lot of efficiencies of scale, because they're making a lot of the same thing at once.” One fascinating aspect of MealPal is that they launched in Miami, where Mary was located at the time, and Mary thinks that this helped them: “In San Francisco and New York, there are so many people knocking on the door of restaurant owners every day--whether it's a delivery service or something for front of house or back of house, and so in Miami we didn't have that same competition, and the restaurant owners that we interacted with were so helpful.” Hosted on Acast. See acast.com/privacy for more information.
More episodes of the podcast Launch Pad
Rob Coneybeer's Sabbatical
07/07/2022
CEO & Co-founder, Goodr Sunglasses
16/03/2022
Co-founder & CEO, Bombas
16/03/2022
Meeting People's Needs With NeuroFlow
12/05/2021
Zwift- More than just a cycling community
26/02/2021
Bonus Episode! "Winning in China"
10/02/2021
Get Outdoorsy!
01/02/2021
All in one with 01 Advisors
01/02/2021
AllBirds Update
12/01/2021
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.