1M.chat
  1. Home
  2. Industries
  3. Food & beverage

Industry · Food & beverage

How food & beverage businesses make money

The 1M.chat dataset has 85 food & beverage businesses. 75 of them have a revenue figure the founder reported in an interview. Their median is $56K a month, and 40% were at $1M a year or more when interviewed, with a median team of 4 employees. The growth channels founders credited most often were organic social media (61%), email & newsletters (40%), partnerships & affiliates (32%).

75
founder-reported revenues
$56K
median per month
40%
at $1M+ a year
44%
solo founders

Growth channels credited

Organic social media
61%
Email & newsletters
40%
Partnerships & affiliates
32%
Word of mouth & referrals
30%
SEO & organic search
28%

Share of 57 businesses with channel information; founders often name several.

Business models in this group

Selling physical products
65
Subscriptions (SaaS & memberships)
18
Services, agency & consulting
2

Tools named most: Instagram (69%), Shopify (38%), MailChimp (34%), Google Drive (22%), QuickBooks (16%) — of 32 that listed tools.

Examples

Highest founder-reported revenues in this group

BusinessWhat it sellsRevenue / monthWhere
BeatBox BeveragesFood & beverage wine-based party punch drinks $11Mfounder interview 2019 United States
Love Good FatsFood & beverage Low-sugar keto high-fat snack bars $3Mfounder interview 2022 Canada
JP Fuji GroupFood & beverage sushi and Japanese cuisine restaurants $1.8Mfounder interview 2020 United States
Food FleetFood & beverage Corporate food truck catering services $1.5Mfounder interview 2019 United States
Tandoor MorniFood & beverage Clay tandoori ovens and real estate management $1M/mofounder interview 2024 Canada
The Wine SpiesFood & beverage wine sold through daily flash sales $1Mfounder interview 2021 United States
Drake’s Organic S...Food & beverage Organic spirits, mixers and ready-to-serve cocktails $900Kfounder interview 2022 United States
Matcha.comFood & beverage matcha tea products $708Kfounder interview United States
Jimmy JoyFood & beverage meal replacement shakes, bars, drinks and pots $600Kfounder interview Netherlands
AuricFood & beverage Ayurvedic wellness drinks and supplements $300Kfounder interview India
Cameron's SeafoodFood & beverage Maryland crabs and crab cakes shipped fresh $300Kfounder interview 2018 United States
Wolf Spirit Disti...Food & beverage premium spirits and vodka $300Kfounder interview United States
Taster’s ClubFood & beverage craft spirits and wine subscription $270Kfounder interview 2019 United States
Spork BytesFood & beverage group meal catering and delivery $250Kfounder interview United States
KPOP FoodsFood & beverage Korean food products including hot sauce $200Kfounder interview 2018 United States
Siren Snacks (Now...Food & beverage plant-based protein and energy snack bites $200Kfounder interview 2021 United States
Nourish Foods Co.Food & beverage Healthy meal delivery service $180Kfounder interview 2018 United States
Just Panela LLCFood & beverage Organic unrefined cane sugar for retail and ingredient use $175Kfounder interview 2019 United States
Kalve Coffee Roas...Food & beverage Roasted coffee and private label roasting $150Kfounder interview Latvia
Natura WellnessFood & beverage healthy super drinks $150Kfounder interview France

Revenue as the founder reported it in a Starter Story interview, at the interview date; not current revenue. “What it sells” is a 1M.chat summary. How this data is built

Questions

How much do food & beverage businesses typically make?

Among 75 food & beverage businesses with founder-reported revenue, the median was $56K a month at the time of the interview. The sample is founders who chose to be interviewed, so it leans toward businesses that were already working; treat it as a range of real outcomes, not an average for everyone who tries.

How many food & beverage businesses reached $1M a year?

30 of 75 (40%) reported at least $83K a month, the run-rate for $1M a year.

How did food & beverage businesses find customers?

Of 57 with growth-channel information, founders most often credited organic social media (61%), email & newsletters (40%), partnerships & affiliates (32%), word of mouth & referrals (30%), SEO & organic search (28%). Channels are grouped by 1M.chat from what founders said worked.

Related

Partner services

Setting one up yourself?

Sleek

Register an Australian company

ASIC registration, company secretary and address handled in one place. Use code AF774200 at sign-up for a partner offer.

See details

Sleek

Register a Hong Kong company

Incorporation, company secretary, registered address and annual filings in one place. Use code AF748473 at sign-up for a partner offer.

See details

BizCover

Compare small business insurance (Australia)

Online quotes for public liability, professional indemnity and business insurance packs for Australian small businesses.

See details

These are partner links: 1M.chat may earn a commission if you sign up, at no extra cost to you. It does not change what the case studies say. Disclosure