Online Ordering / Catering Software
www.GlobalBX.com
Listing ID:
700222866
Listing Title:
Online Ordering / Catering Software
Quick Link:
http://www.globalbx.com/listing.asp?bId=222866
Industry:
Technology – Internet Related
Industry Segment:
Web Design and Software Development
Country:
United States
State / Province:
Pennsylvania
Area
City:
Philadelphia County
Asking Price Range:
$2.5M - $5.0M
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2012
Number of Employees:
1 - 3
Business Description:
Great software product ready to sell on a recurring revenue model This is a cloud-based software product that is focused on providing any size restaurant or catering company the tools that they need to succeed. This is a subscription based service setup as a recurring revenue model and is ready for a sales team to help it take off and grow! The product allows a business to signup and quickly create their own portal in the cloud system. The user can then login and create their menus and pricing and then integrate it within an existing business web site. Consumers can then order food for pickup, delivery, or even place future catering orders. Example: Signup 50 new restaurants/caterers each month for one full year. Residual: $79.99/month x 50 clients picked up each month for 12 months (600 clients/year) Yearly: 600 clients x $79.99 = $47,994.00/month Yearly Income Increase: $575,928.00/year The above example is showing just $575,928.00/year from the recurring revenue portion and does not even include the per-transaction fee (convenience fee) that can be earned for every customer placing an online food order through the system. Example: 600 clients x 10 orders/day x 365 days/year x $.20 per order convenience fee = $438,000.00 Yearly (assuming 365 days a year): $438,000.00/year for convenience fee charges Aside from the above recurring and convenience fee income, additional income can be made by charging clients design and integration work to make the online ordering and/or catering portal match their existing restaurant/catering web site. The software product has the following features: Online Ordering, Catering Event Tracking, Cycle Menu Creation, Store Locator System for franchise operations, Recipe Costing, Stock Costing, Contact Management, Newsletter Module, Google Calendar Sync, and Payment Module. It also has configurable alert settings to alert the business owner as new orders arrive into the system: SMS Text messages, Automated Voice Notifications, Email Alert
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