Appetit

Community Driven Food Ordering And Delivery

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Security Type
Debt
Categories
Technology, Retail
Min Investment
$100
Location
SPRING, TX
Offering Date
October 08, 2021
Expected Close Date
April 08, 2022
Target Raise
$50.00K
Security Price
$1

Company Description

We make delivery orders profit-drivers for local restaurants, instead of a payday for Ubereats, Doordash, or Grubhub. We charge them much less, vet & hire drivers for them, expand their delivery range, & provide hands-on support – from driver dispatch to marketing help. We are committed to their success.

 

Key Deal Facts

1 yr proof-of-concept w/ bootstrapped web app, profitable in 2 wks
100 merchants on board, waitlist of 50+ (just in Buffalo market)
10K orders, 9,500 registered users, $6XX order volume
Interest from other markets: Toronto, Miami, Pittsburgh, Charlotte, Denver, & more!
Next market: Rochester - launching Nov. 1
Powerhouse partnerships in the works (incld. professional sports teams)
Mobile app launches Dec. 1 with new features to add revenue streams

Management Team / Advisory Board Bios

Steve Ambrose, Founder & CEO
Founder of the Buffalo Dinner Club, a restaurant promotions and event management company; YUMedia, a hospitality marketing & advertising agency. Steve has spent his professional career helping restaurant owners attract new customers.

Robert Heil, Co-Founder
Founder of SLA Solutions, the premier liquor and cannabis license consulting agency in WNY. With over 600 active clients across New York, Bob has 20+ years of industry experience and connections. He is also a former restaurant/bar/nightclub owner.

Sam Marrazzo, Co-Founder & CTO
CTO of the Buffalo Niagara Medical Campus and a Masters level Professor at the University at Buffalo, Sam has worked with hundreds of tech startups. He has years of experience in logistics and creating powerful & efficient technology platforms.
Amount Raised : $91,451
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Security Description

Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.

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