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National: Loco Co-Op’s delivery co-operative puts power back in the hands of operators

Loco Co-Op is available in six different cities, including Las Vegas; Knoxville, Tenn.; and Richmond, Va. as another alternative to the third-party delivery giants

Delivery platform and restaurant co-op, Loco Co-Op — started by Iowa city restaurant operator Jon Sewell in 2017— is one of many alternatives to larger third-party delivery companies that have been ramped up and expanded in the face of 30% commission rates and inaccessibility to customer data. Loco Co-Op sets themselves apart from other delivery platforms as a co-operative run and operated by stakeholder restaurants that own shares of the platform and receive rebates in return.

Sewell first tested out his co-op delivery platform four years ago by launching Chomp in Iowa City and Nosh in Colorado, though with these first two local platforms, the co-operative model was more loosely defined. Since then, the company has grown and launched local delivery co-ops headed by franchisees in Richmond, Va.; Knoxville, Tenn.; and Omaha, Neb. Within the next few months, Loco Co-Ops will also be launching in Las Vegas, Nashville, Orlando, Tampa Bay, and Los Angeles, with Orlando as a corporate store and the rest owned by franchisees.

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Written by:
Adith
Published on:
May 25, 2021

Categories: LoCo National

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