Franchise FAQ

is grubhub a franchise

by Antonetta Aufderhar Published 1 year ago Updated 1 year ago
image

The idea for GrubHub originated one night in 2004, when one of the founders Mike Evans, was hungry. Probably one of the best reasons to start a food- ordering franchise turned giant. According to Matt, Mike ended up coding the initial version of the business that night.

Full Answer

What is Grubhub?

Grubhub is a part of Just Eat Takeaway.com, a leading global online food delivery marketplace, and features more than 320,000 restaurant partners in over 4,000 U.S. cities. We help restaurants grow their businesses and experiment with new concepts.

How many restaurants does Grubhub have?

Footnotes / references. Grubhub Inc. is an American online and mobile food ordering and delivery marketplace that connects diners with local takeout restaurants. Based in Chicago, as of Q1 2019 the company has 19.9 million active users and 115,000 associated restaurants across 2,200 cities in the United States.

What happens when you partner with Grubhub for restaurants?

When you partner with Grubhub for Restaurants, you get instant access to 33 million hungry customers eager to order online from local restaurants. Reach new customers and get more delivery and pickup orders today—it’s free and easy to get started. How does Grubhub for Restaurants work?

Who are GrubHub's competitors?

Grubhub's UK competitors are Deliveroo, Just Eat, and UberEATS. In the U.S. its competitors include Uber Eats, DoorDash, Postmates, EatStreet, Amazon Restaurants and Online Restaurants.

See more

image

Who is Grubhub owned by?

Just Eat Takeaway.comGrubhub is a part of Just Eat Takeaway.com, a leading global online food delivery marketplace, and features more than 320,000 restaurant partners in over 4,000 U.S. cities.

Is Grubhub privately owned?

Grubhub went public in April 2014 at $26 per share. During its time as a standalone company, it traded on the New York Stock Exchange (NYSE) under the ticker symbol "GRUB".

Is Grubhub owned by DoorDash?

DoorDash and Grubhub are owned by different companies and have no connection with one another. DoorDash was founded in 2013 by Tony Xu, while Grubhub was founded in 2004 by Matt Maloney.

Is Grubhub owned by uber eats?

About the Grubhub Merger Just Eat Takeaway bought Grubhub at about $75 per share. That comes out to roughly $7.3 billion, so nearly $1 billion more than Uber offered. The difference in the purchase price was one reason that Grubhub chose Just Eat Takeaway's offer.

Which is better Grubhub or DoorDash?

The numbers for gross earnings per trip show Grubhub with a substantial edge over Doordash, $10.26 vs. $7.93 per trip, respectively. Tips also look better at Grubhub, where the median tip earnings per trip amounted to $5.00, while average Doordash tips came in at $4.17.

Will Amazon acquire Grubhub?

Amazon on Wednesday agreed to take a stake in Grubhub as part of a deal that will also give members of its Prime subscription program a one-year membership to the food delivery service.

Who pays more Grubhub or DoorDash?

Generally speaking, DoorDash drivers make less per hour than Grubhub drivers. A DoorDash driver makes $13.11, and Grubhub drivers average $18.46. The average hourly pay rate is determined by figuring out the average Dasher payouts from when the order is accepted to when it's dropped off over a 90-day period.

Who is cheaper DoorDash or Grubhub?

Fortunately, GrubHub's delivery fee tends to be a bit cheaper than DoorDash's but still varies from restaurant to restaurant. Or, if you prefer to skip the fee all-together, you can pay for a GrubHub subscription to get $0 delivery on all orders.

Is DoorDash losing money?

DoorDash reported an annual net loss of $468 million in 2021, $7 million more than the previous year.

Which is better Grubhub or Uber Eats?

People who live in bigger cities may benefit from Uber Eats, while those in small towns might rely on Grubhub. Restaurants may offer their services through different apps, but both have similar payment structures.

Who makes more DoorDash or Uber Eats?

DoorDash Pay According to this data, DoorDash pays more than Uber Eats and is therefore a better gig job if you want to make as much money as possible. It's also worth noting that DoorDash is the most popular food delivery app in North America, so it has more market share than Uber Eats.

Which food delivery app is the busiest?

Food delivery users by app Uber Eats has the highest single app users, outside of China.

Did Grubhub get bought out?

Just Eat Takeaway.com said Wednesday it is considering a full or partial sale of Grubhub. The company bought the U.S. food delivery platform for $7.3 billion barely a year ago.

Why was Grubhub delisted?

The company announced the delisting last Tuesday (Feb. 8). At the time, Groen said it was a “cost-reduction measure” and that Just Eat is looking into various strategies for Grubhub's future.

How much is Grubhub worth?

What started as a simple way to order food from Chicago restaurants has grown into an online food-delivery empire worth over $4 billion....Company Information.Overall Score3.9Market Value as of Oct. 9, 2017 ($M)$4,4308 more rows

What is Grubhub stock symbol?

GRUBGrubHub: GRUB Stock Price Quote & News | Robinhood.

How many domains does Grubhub have?

In June 2019, reports came out alleging that Grubhub had registered more than 23,000 web domains in restaurants' names without their consent, in what was cast as "an attempt to generate greater commission revenue and prevent restaurants from building their own online presences." Grubhub disputed the allegations, insisting that restaurants had explicitly agreed in their contracts with Grubhub to allow web domain purchases and the creation of websites advertising their businesses.

How much did Grubhub get in 2007?

In November 2007, Grubhub secured $1.1 million in Series A funding, led by Amicus Capital and Origin Ventures for the purpose of expanding into San Francisco and New York markets. In March 2009, Grubhub earned $2 million in Series B funding, led by Origin Ventures and Leo Capital, which was followed by $11 million in Series C funding, led by Benchmark Capital in November 2010. In March 2011 $20 million in Series D funding was raised (led by DAG Ventures).

What is seamless food?

Seamless is an online and mobile food ordering platform for regional restaurants active in the U.S. and London. In September 2011, Grubhub secured $50 million in Series E funding and acquired New York–based competitor Dotmenu, the parent company of Allmenus and Campusfood.

When did Grubhub buy OrderUp?

GrubHub completed its acquisition of OrderUp in October 2018. LevelUp, a Boston-based diner engagement and payment solutions platform was acquired by Grubhub in September 2018. The acquisition of LevelUp was for a reported $390 million cash. Tapingo, a San Francisco–based platform for campus food ordering was acquired by Grubhub in November 2018.

What is grubhub?

Grubhub Inc. is an American online and mobile prepared food ordering and delivery platform owned by Just Eat Takeaway that connects diners with local restaurants. The company is based in Chicago, Illinois and was founded in 2004. Their slogan is "grub what you love.".

Why did restaurants file a lawsuit against Grubhub?

In October 2020, a group of restaurants launched a class-action suit against Grubhub for having included them in its listings without having asked permission (or, in some cases, despite permission having been denied), on the grounds that this caused "damage to (the restaurants') reputations, loss of control over their customers’ dining experiences, loss of control over their online presence, and reduced consumer demand for their services"; plaintiffs specifically cited that Grubhub would list obsolete menus with invalid prices and/or unavailable options (leading to customer complaints), and that Grubhub refused to delist restaurants upon request.

When did Grubhub go public?

Grubhub Seamless went public in April 2014 and is traded on the New York Stock Exchange (NYSE) under the ticker symbol "GRUB". On June 9, 2020, Netherlands based Just Eat Takeaway, announced an agreement to buy Grubhub for $7.3 billion in stock.

Join Grubhub Marketplace with customizable options

Flexible packages with marketing commissions as low as 5%. Choose the one that’s right for your restaurant.

Helping your business is our business

When you partner with Grubhub for Restaurants, you get instant access to 33 million hungry customers eager to order online from local restaurants. Reach new customers and get more delivery and pickup orders today—it’s free and easy to get started.

Sign up for free

Tell us about your restaurant and we’ll get you set up online. Choose your own flexible pricing option with no up-front costs or long-term commitment. You also have the option of driving customers to your own branded commission-free ordering website with Grubhub Direct

Your menu is listed on Grubhub Marketplace

Your restaurant will start appearing on Grubhub.com, Seamless.com and mobile apps.

Watch the orders roll in

Easily manage and fulfill pickup and delivery orders with the complimentary tablet, or on your own device. You’ll receive payment for orders placed by Grubhub customers.

When it comes to order fulfillment, you have options

Your restaurant will be listed on Grubhub Marketplace, where customers can choose pickup or delivery. For delivery orders, you can use our drivers or your own.

See for yourself how you could boost your profits

Try the Restaurant profit calculator to see what joining Grubhub for Restaurants could mean for your business.

Why are small business loans more readily available for restaurant franchises than independently owned restaurants?

Small business loans are often more readily available for restaurant franchises than independently-owned restaurants because they are believed to be safer investments. If your next venture is going to require a loan for extra capital, opening a restaurant franchise is a bank-friendly strategy.

Is a restaurant franchise an island?

In the restaurant business, no franchise is an island. When you are part of a vibrant network of local and national restaurant franchises, you have access to their insights, best practices and success stories. Make the most of your opportunities as the owner of a restaurant franchise, and you’ll be on a sustainable, profitable path for your new business.

Can a franchisee be a full time marketer?

New restaurant owners wear too many hats to be full-time marketers as well. But as a franchisee, you can have the opportunity to leverage the regional and national marketing efforts of the corporate brand. Not only that, but your franchisor will also take care of the name, menu and certain aspects of the decor at your restaurant.

What the Future Holds?

GrubHub has had a long journey, but even amidst the chaos of 2020, GrubHub has continued its evolution. GrubHub’s state of the plate shows that in 2020, there has been an impressive increase in demand. Many items, including Chicken sandwiches (299 percent), Plant-based burgers (291 percent), Vanilla Shakes (273 Percent), iced Lattes (261 percent), and a lot more, have seen a surge in demand this year.

What is supply network grubhub?

All the demand needs supply, and for GrubHub, the supply network consists of the local Restaurants and Eateries that are willing to work with the GrubHub model. Here’s more about this segment.

What is a grubhub?

Grubhub is an on-demand prepared food delivery service, which allows users to order their favorite dishes from local restaurants. There are a lot of aspects involved in the overall functioning of the GrubHub. Let’s go through how the platform works for each segment.

Why is Grubhub so successful?

These are the people who act as a link between the user base and the restaurants. An efficient delivery network is one of the top reasons for GrubHub’s growth and continuing success. Let’s find out more.

Where is Grubhub located?

Founded in 2004 by Mike Evans, Roman Gaskill, and Matt Maloney, the company has headquarters in Chicago, Illinois. GrubHub is an American Online and Mobile prepared food delivery platform, which allows people to connect with their favorite local restaurants to order food.

When did GRUBhub start?

The GrubHub concept came to be in 2004, as two hungry web- developers in Chicago sat flipping through Menus.

How much does Just Eat make a year?

Since its merger with the delivery giant Just Eat takeaways, the combined revenue of both companies stands at $3 Billion a year, making them the largest food delivery operator in the world.

image
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9