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Crypto Company Investment Opportunity in Auckland, New Zealand

Company plans to start cafe franchise using blockchain technology to reward customers with cashback in cryptocurrency.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Cafes + 1 more
Locations  Auckland
Local Time 4:46 AM Pacific / Auckland
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 180 thousand for 50.0% stake (Native Currency: NZD 300,000)
Reason: The sales of our products rely on the presence of a large quantity of our own branded and unbranded ... View More
Includes physical assets worth USD 30 thousand
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Company Extract
Business Overview

- We plan to start a cafe franchise that would reward customers with cashback in our own cryptocurrency.

- Have already developed the cryptocurrency, website and mobile app.

- We require funds to start our own cafe chain. Currently we have 4 coffee shops and a barbershop that have partnered with us.

- The shops generate QR codes on purchases that the user can scan to redeem for the cryptocurrency which can be used for rewards in store.

- So far we have generated almost 25,000 QR codes with rewarded cashback.

- The amount of crypto rewarded to users can be decided by the business but we get a commission of 10 cents on each QR code generated.

- We have our own registered trademark for the cryptocurrency and brand. The cryptocurrency is listed on two crypto exchanges.

Products & Services Overview

Cryptocurrency offered as cashback through business purchases. Also plan to start our own chain of cafes from where this cryptocurrency would be used.

Assets Overview

Physical assets include signage and integration done on partner shops.

Intangible assets include trademark, website, platform, cryptocurrency, mobile applications.

Facilities Overview

We do not have any physical office and currently work with our retail business partners online and at location.

Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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