Mobile App Investment Opportunity in Madrid, Spain
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 17.6 thousand |
Run Rate Sales | USD 127 thousand |
EBITDA Margin | 40 % |
Industries | Mobile Apps + 1 more |
Locations | Madrid |
Local Time | 10:28 AM Europe / Madrid |
Listed By | Business Owner / Director |
Status | Active |
- Our platform enables our Horeca customers to list their menu online, source orders online, and organize their order management and delivery operations.
- It also enables our users to place orders for meals both at the restaurant and from any other location.
- At site, a user can place an order directly thus minimizing the need for a restaurant to hire waiters and allowing for a quicker, contactless, and more efficient service.
- The platform can also be used to place meal orders which can be executed and delivered to the users' location by the restaurant.
- We are only an aggregation platform and do not undertake delivery services ourselves.
- The platform is available as both Android and iOS mobile applications and as a web application.
- Our application also lists out allergen information for every meal.
- The platform is free for users (consumers) and we charge our Horeca clients a monthly subscription of around EUR 50.
- Currently have 5,000+ active users and 35+ active Horeca clients spread across Spain and Portugal.
- Over 50,000 orders are placed through our platform each month.
- Our Horeca clients include Europastry, Damm, the Fork by Trip Advisor.
- Due to the pandemic, demand has dropped considerably and the business is currently operating at a loss.
- Have received significant global media coverage and have been finalists in 2 very prestigious startup competitions.
- The company is spearheaded by serial entrepreneurs who have founded several successful ventures.
-
Earlier than 15 daysOwner, Tech, Schwetzingen, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector & COO, IT & Product Development Services, Bengaluru, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Information Technology, Trondheim, Corporate Investor / Buyer connected with the Business