Photo - Dine in Deals
62389

Dine in Deals

A Mobile App connecting restaurants to their customers

USA, Georgia
Market: Mobile applications
Stage of the project: Prototype or product is ready

Date of last change: 22.08.2024
Go to the owner's profile
4
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

Listing all the worlds restaurants and the deals they offer.
Enabling restaurants to post deals on the app that are then broadcast to their customers. Showcasing 3rd party deals as the ROKU of restaurant deals

Current Status

The application is complete. We seek funding to launch. The initial phase is the most funding intensive as it involves bringing on the restaurants to the application across the US market. This involves enlisting and managing an army of Gig workers being paid $35.00 bounty per restaurant to cold call the managers, introduce the app and have the manager sign in on their personal cell phone.
Once we achieve induction of 30,000 restaurants we then launch to the public. It is critical that when the public hits the app they see deals to buy. Otherwise the advertising revenue and infrastructure investment is waisted.

Market

Restaurant Mobile application

Problem or Opportunity

We solve 3 problems with one application

- Customers don’t have a central source with all the restaurants and the deals they
offer.
- Restaurants need a better platform to attract dine-in customers.

- Restaurant incentive partners need a way to showcase their deals to reach a larger audience.


Solution (product or service)

Not sure what you are asking here.

Competitors

There is no like competition. We list all the restaurants for free and the deals they offer.
No company has expended the effort and expense to bring on the restaurants and show the deals each restaurant offers. No company has built the template style backend that enables managers to create deals and broadcast them to customers.

Advantages or differentiators

Their are many competitors in the space using Websites and coupon models all of which we invite to be showcased on the app on a commission basis.

We show all the restaurants in the world. We have created the ROKU of restaurant mobile applications.

Finance

Commissions on deals sold, commissions on 3rd party deals showcased, banner advertising, subscription fees, advanced services fees, display fees, video production fees.

We conduct the transactions on the app and pay the restaurants the proceeds minus commissions and fees.

Business model

B2B2C

Inside sales people managing outside gig worker representatives on straight commission.

Ongoing App development
Contract video production managed by inside video production resources.

Money will be spent on

Infrastructure, facilities, personnel, bounties on signing restaurants, ongoing app development, marketing and advertising.

Co-founders will not take salaries until we reach profitability.
Estimated profitable in Month 8

Offer for investor

Dine-in-deals is seeking a $2,000,000. investment for a 25% equity stake with a 12 month projected valuation of $2,533,171.
Projected ROI = 26.7%

Investors are encouraged to purchase a minimum 5% equity stake for $400,000.
ROI at the 12 months is projected at $506,153. = 26.7%

The full $2,000,000 must be committed before we accept any investment.

Team or Management

Risks

If we are unable to raise the required funding then we will be unable to bring on the restaurants first. Without the deals in place there is no reason to launch to the public. Bringing on the public is the easies part. We cover the table with ad buys on social media and other affordable methods. "Looking for a great deal on restaurant dining, go to dineindeals.app"

No download required. Just sign in.

Incubation/Acceleration programs accomplishment

Both Co-founders have been involved in tech start-ups and launching national Web marketing efforts over the past 30 years.

Won the competition and other awards

No. This is a bootstrap effort being unveiled now.
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility105
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation