Mobile Apps Business Investment Opportunity in Tel Aviv-Yafo, Israel

Digital recipe management application that helps organize, save and share accumulated recipes of users.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Local Time
1:12 AM Israel
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Investment
USD 250 thousand for 35.0% stake (Native Currency: USD 250,000)
Reason: To fund marketing and sales. Also to launch a subscription service to generate revenue.
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview

- We have developed a mobile application which allows users to organise, save and share recipes and culinary information.

- The app allows a user to take screenshots, scan recipes from cookbooks or magazines and save links to food sites.

- In the future we plan to add a translation engine, specializing in culinary translation allowing access to international recipes.

- Currently have over 15,000 users with more than 30% being active.

- Our platform is available in more than 80 countries, with over 30,000 uploaded recipes to date.

- Our mobile application has more than 5,000 downloads on the Google Play Store with an average rating of 4.5.

- We have an experienced team of professionals and have been interviewed by a major Israeli website.

- Looking for funds in order to expand our sales and marketing as well as to launch a new subscription model to generate revenue and we would be open to moving our operations to the UK for the same.

Products & Services Overview

Mobile platform allowing users to organise, save and share their recipes and culinary information.

Facilities Overview
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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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