SLIDE 1
Over
$700B
U.S Restaurant business market size
$200B
from it spend over products (*food cost)
$10B
We Can save to restaurants !!!
$700B U.S Restaurant business market size $200B from it spend over - - PowerPoint PPT Presentation
$700B U.S Restaurant business market size $200B from it spend over - - PowerPoint PPT Presentation
Over $700B U.S Restaurant business market size $200B from it spend over products (*food cost) $10B We Can save to restaurants !!! Entrepreneur Omri benavi 16 years Restaurants and Bars owner. Food chain establishing experience.
SLIDE 2
SLIDE 3
Entrepreneur
- Omri benavi
- 16 years Restaurants and Bars owner.
- Food chain establishing experience.
- Long business experience and
knowledge in Israel and u.s.
- Active in the Restaurants & Bars
community ,one click away from hundreds of business owners in israel.
- LIVING THE PAINS OF THE MARKET
SLIDE 4
the problem
Food cost is the largest expenses for restaurants, 28-35% of gross sales reducing it is manually time- consuming and error-prone Most Owners do not use Procurement technology ,suffer lack
- f pricing transparency and have no
time or skills for quality pricing negotiation
SLIDE 5
We go Right where the money is.
breaking the negotiation dependency with A Reverse Auction marketplace app that save money on food cost by reducing the invoice ITSELF while placing the order ! and By letting multiple suppliers compete
- ver every order.
It’s Easy, fast & POINT TARGETED!
Our solution
SLIDE 6
Market
Over 700K Restaurants Over $700B revenue 70% single restaurant Over 20,000 Restaurants shutdown annually COVID 19 is a major crisis- requires immediate action & adjustments
SLIDE 7
The Product
take things in to your own
- Hands. push the
OfferToo button !!!
now Things are changing: )
sending the weekly order to get competitive bids, in moments, from multiple casual suppliers and save money on the spot . Or let ReverToo automatically inform you for attractive offers for you
SLIDE 8
and also …
+ price list/supplier managing + indication for pricing in your industry “Benchmarking” + direct orders to your supplier + pricing history & reminder + A.I Automatics functions
SLIDE 9
competition
& MORE... All are good and growing company's that do : Inventory ,pos , shift prep ,menu and pricing managing…its all fine
But…
SLIDE 10
competition
Its not enough !!!
No one
break the negotiation dependency ! If your business is too small Or If you’re not good at it Or if you just don’t have the time for it You don’t have a chance ! That’s why is here for we are doing it for you
SLIDE 11
Bas ase on
- n a
a very ery con
- nserva
rvativ ive expe pectation every ry us user r will ill use use“ on
- nly” on
- nce a
a wee eek (4 4 mon
- nthly) in
in a a $1, 1,000 av avera erage in invoic ice.
Business model :
Reverse auction fee 4%-2% Restaurant : FREEMIUM Suppliers : free - basic biding plan subscription - DATA plan Customer acquisition cost $200-$400u.s Customer acquisition ROI -6 months ($80-$160 minimum user revenue).
SLIDE 12
Opportunity :
COVID 19 is an opportunity for . Restaurants are in survival mode and can help businesses taking matters into their own hand . raising $200K For developing and lunching the app that going to disrupts accepted methods and Procurement today .
SLIDE 13
milestones
SLIDE 14
Thank you .
Omri benavi
- benavi@gmail.com