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FoodVelocity Disrupting an Existing Market with A New and
Fundamental Solution for Delivering Application
Interactivity.
In joint venture with
Evolution Arts, LLC
What is FoodVelocity ?
Order Online + Flexible Interactive Content
MenuPad for iOS
• FoodVelocity: B2C – A Single,
Centralized App for Consumers
enabling them to place orders online
through any internet connected
Device.
• FoodVelocity: B2B – A suit of Services
and Tools for Restaurant Owners
allowing them to publish and manage
content relevant to them plus receive
Internet Online Orders.
• FoodVelocity: Backend – A Content
delivery platform that uses an
Artificial Intelligence Engine to scale
content to any Device, Dynamically
and in Real Time.
B2C: CUSTOMERS
Consumer Customers will find using the
centralized Food Velocity application a
more informative and simpler option
compared to the telephone
Small Business Customers will view their
personal relationship with FoodVelocity
and its backend as a necessity.
 Enables the Creation of an illustrative
Digital Store Front, reminiscent of the
physical location.
 Access to the same success the chain
pizza industry has had with their Order
Online system.
B2B: RESTAURANT ENTITIES
Our Customers
ORDER ONLINE
Customer Control over Ordering Process
• Secured, Encrypted handling of
payments.
• Negates the need for Paper Menus.
• More Informed Food Selection and
simplified, faster ordering process
using Visual Cues and Illustrated
Content that flows.
• Locational Advertising delivers
discounts to Consumers based on their
proximity to local events.
• HQ Content on any Internet Device,
beats the telephone.
FOODVELOCITY
Value Proposition
For Individual Customers
Product Evolution
FOODVELOCITY
• Restaurants are provided with the tools
and services needed to create an online
presence by extending their unique
identity to the internet through
illustrated graphic design and
personalized, multimedia-rich menus.
• Restaurants are able to send targeted
advertisements to select customers.
• An integrated POS system automates
many of the tasks that the restaurant
staff normally performs. This means a
reduction in human error in all phases of
ordering and payment processes.
• Exposure to Internet consumers.
• Employees no longer have to spend
time on the phone, thus they can
devote more time to personal
service to dine-in customers
ORDERONLINE
Value Proposition
For Restaurants and Owners
FoodVelocity’s Market
• As economic conditions tighten, more people are opting
to eat their meals at home.
• 60% of adults between the ages 18 – 34 claim to be
more interested in home delivery than dining in the
restaurant.
• Half of the consumers said they would take advantage of
a delivery service from their preferred restaurants if it
were available
• Market Size – There are 1,284,564 delivery orders placed
every day in the United States
• While several competitors exist, the market remains
uncaptured. Research helped us understand that most
people have not even heard about Grubhub
General Analysis
FoodVelocity’s Market
Analysis of Competition: Text VS Illustrative Systems
Location-Directory Service
with Online Ordering
Online Ordering with multimedia-rich
menu content and targeted advertising
opportunities
Evolution of Internet Menu Services
• Apple App Store Rating for delivery.com App.
• Avg. Rating for Current Version – 10/1/2011
1.5 / 5
Stars
FoodVelocity’s Market
Performance Analysis of Illustrative Systems
Performance Review 2011
Dominos Pizza [1]
 40% of Sales are through Online
Interface 2011
 2013 Total Sales from Online
Projection >60%
 2009 iPhone App Launch
Revenue - $2 Mil / 3 Months
Pizza Hut [2]
 $2 Billion in Online Sales Year
2011
1. Dominos Serves up Android App – Network World. September 8, 2011
2. PizzaHut.com Tops in the Industry: Tracking $2 Billion in Sales – PRNewsWire. April 20, 2011
FoodVelocity’s Market
Analysis of Competition
Multi-Entity Location
Directory Service
w/Online Ordering
Chain Only. Location
Directory Online Ordering
with Rich Menu Content
Food
Velocity
• Brion’s Grille
• Linh’s Cafe
• Angeethi Indian Cuisine
• Manhattan Pizza
• Patriot’s Café
• Buffalo Wing University
FoodVelocity’s Market
Interested Customers in NoVA
Finance: Assumptions
Statics from National Restaurant
Association
• Entire Restaurant Industry
• Online Ordering through Apps:
172B
• Virginia, MD, DC: 25.7B
• Online Local Resturant Market:
6.3B
Finance: Assumptions
2013
• Restaurants: 240
• Users: 40-80/m/r
• Avg Order
Size/User: $20
• Service Fee: 8%
• Premium Account
Holders: 10%
• Staffing: IT(4),
Marketing(2),
Sales(4)
• VA,DC, MD
2014
• Restaurants: 2500
• Users: 100-
140/m/r
• Avg Order Size:
$30
• Service Fee: 5%
• Premium Account
holders: 15%
• Staffing: IT(7),
Marketing(3),
Sales(8), Interns(4)
• PA, NJ, NY
2015
• Restaurants: 4500
• Users: 120-
160/m/r
• Avg Order Size:
$30
• Service Fee: 5%
• Premium Account
Holders: 15%
• Staffing: IT(11),
Marketing(4),
Sales(16),
Interns(6),
Management(3)
• NC, SC, GA, FL
2013
Financial Projections
Revenues 2013 2014 2015
Transaction fees 216,720.00$ 4,116,000.00$ 12,780,000.00$
Annual Restaurant Subscription fees 46,695.00$ 182,820.00$ 495,000.00$
Ad Revenues per restaurant 3,540.00$ 132,960.00$ 360,000.00$
Total Revenue Summary 266,955.00$ 4,431,780.00$ 13,635,000.00$
Expenses 2013 2014 2015
Staff Salaries 300,000.00$ 842,000.00$ 2,113,000.00$
Development Costs 216,000.00$ 112,000.00$ 172,000.00$
Marketing 16,000.00$ 39,000.00$ 40,000.00$
Legal Fees 8,000.00$ 16,000.00$ 50,000.00$
Commission 15,000.00$ 40,000.00$ 40,000.00$
Miscallaneous -$ 100,000.00$ 160,000.00$
R&D -$ 100,000.00$ 150,000.00$
Owner's Draw 12,000.00$ 50,000.00$ 80,000.00$
Total Expense Summary 567,000.00$ 1,299,000.00$ 2,805,000.00$
Net Income (300,045.00)$ 3,132,780.00$ 10,830,000.00$EBIT
FoodVelocity Growth Projections
• Application Content is
Generated with
attention to the type
of device it was
designed to execute
on.
• Additional Cross
Platform support must
be preprogrammed
• Multiple Versions of
Identical Content
hosted
independently for
different devices
• Mobile Device
Jungle
• Conventional
Desktop
• Content is managed
and accessed
independently
The Velocity Engine
Generating Portable Content Today
The Velocity Engine
The Future of Portable Content
Content
Management
Terminal
Content Dump and
Cache Pool
Device
already
Rendered
?
Past Experiences FB
Loop
A Device of X
Specifications
Req.
Specs +
Content
Y
N
Team FoodVelocity
Enabling the next generation of Portable Content
• Project Management
• Founder/Product Director: Keith Foederl
• Business Strategy: Anar Shah
• Business Developer: Patrick Johnson
• Legal
• Joseph W. Ricigliano – Perkins Cole LLP
• Software Development
• Framework Engineering – Matthew Egan;
Evolution Arts, LLC
• Graphics Design: Evolution Arts Studios, LLC:
Adria Furusho, Michael Innella, Matthew Taylor
and Alicia Thayer

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FoodVelocity

  • 1. FoodVelocity Disrupting an Existing Market with A New and Fundamental Solution for Delivering Application Interactivity. In joint venture with Evolution Arts, LLC
  • 2. What is FoodVelocity ? Order Online + Flexible Interactive Content MenuPad for iOS • FoodVelocity: B2C – A Single, Centralized App for Consumers enabling them to place orders online through any internet connected Device. • FoodVelocity: B2B – A suit of Services and Tools for Restaurant Owners allowing them to publish and manage content relevant to them plus receive Internet Online Orders. • FoodVelocity: Backend – A Content delivery platform that uses an Artificial Intelligence Engine to scale content to any Device, Dynamically and in Real Time.
  • 3. B2C: CUSTOMERS Consumer Customers will find using the centralized Food Velocity application a more informative and simpler option compared to the telephone Small Business Customers will view their personal relationship with FoodVelocity and its backend as a necessity.  Enables the Creation of an illustrative Digital Store Front, reminiscent of the physical location.  Access to the same success the chain pizza industry has had with their Order Online system. B2B: RESTAURANT ENTITIES Our Customers
  • 4. ORDER ONLINE Customer Control over Ordering Process • Secured, Encrypted handling of payments. • Negates the need for Paper Menus. • More Informed Food Selection and simplified, faster ordering process using Visual Cues and Illustrated Content that flows. • Locational Advertising delivers discounts to Consumers based on their proximity to local events. • HQ Content on any Internet Device, beats the telephone. FOODVELOCITY Value Proposition For Individual Customers Product Evolution
  • 5. FOODVELOCITY • Restaurants are provided with the tools and services needed to create an online presence by extending their unique identity to the internet through illustrated graphic design and personalized, multimedia-rich menus. • Restaurants are able to send targeted advertisements to select customers. • An integrated POS system automates many of the tasks that the restaurant staff normally performs. This means a reduction in human error in all phases of ordering and payment processes. • Exposure to Internet consumers. • Employees no longer have to spend time on the phone, thus they can devote more time to personal service to dine-in customers ORDERONLINE Value Proposition For Restaurants and Owners
  • 6. FoodVelocity’s Market • As economic conditions tighten, more people are opting to eat their meals at home. • 60% of adults between the ages 18 – 34 claim to be more interested in home delivery than dining in the restaurant. • Half of the consumers said they would take advantage of a delivery service from their preferred restaurants if it were available • Market Size – There are 1,284,564 delivery orders placed every day in the United States • While several competitors exist, the market remains uncaptured. Research helped us understand that most people have not even heard about Grubhub General Analysis
  • 7. FoodVelocity’s Market Analysis of Competition: Text VS Illustrative Systems Location-Directory Service with Online Ordering Online Ordering with multimedia-rich menu content and targeted advertising opportunities Evolution of Internet Menu Services • Apple App Store Rating for delivery.com App. • Avg. Rating for Current Version – 10/1/2011 1.5 / 5 Stars
  • 8. FoodVelocity’s Market Performance Analysis of Illustrative Systems Performance Review 2011 Dominos Pizza [1]  40% of Sales are through Online Interface 2011  2013 Total Sales from Online Projection >60%  2009 iPhone App Launch Revenue - $2 Mil / 3 Months Pizza Hut [2]  $2 Billion in Online Sales Year 2011 1. Dominos Serves up Android App – Network World. September 8, 2011 2. PizzaHut.com Tops in the Industry: Tracking $2 Billion in Sales – PRNewsWire. April 20, 2011
  • 9. FoodVelocity’s Market Analysis of Competition Multi-Entity Location Directory Service w/Online Ordering Chain Only. Location Directory Online Ordering with Rich Menu Content Food Velocity
  • 10. • Brion’s Grille • Linh’s Cafe • Angeethi Indian Cuisine • Manhattan Pizza • Patriot’s Café • Buffalo Wing University FoodVelocity’s Market Interested Customers in NoVA
  • 11. Finance: Assumptions Statics from National Restaurant Association • Entire Restaurant Industry • Online Ordering through Apps: 172B • Virginia, MD, DC: 25.7B • Online Local Resturant Market: 6.3B
  • 12. Finance: Assumptions 2013 • Restaurants: 240 • Users: 40-80/m/r • Avg Order Size/User: $20 • Service Fee: 8% • Premium Account Holders: 10% • Staffing: IT(4), Marketing(2), Sales(4) • VA,DC, MD 2014 • Restaurants: 2500 • Users: 100- 140/m/r • Avg Order Size: $30 • Service Fee: 5% • Premium Account holders: 15% • Staffing: IT(7), Marketing(3), Sales(8), Interns(4) • PA, NJ, NY 2015 • Restaurants: 4500 • Users: 120- 160/m/r • Avg Order Size: $30 • Service Fee: 5% • Premium Account Holders: 15% • Staffing: IT(11), Marketing(4), Sales(16), Interns(6), Management(3) • NC, SC, GA, FL 2013
  • 13. Financial Projections Revenues 2013 2014 2015 Transaction fees 216,720.00$ 4,116,000.00$ 12,780,000.00$ Annual Restaurant Subscription fees 46,695.00$ 182,820.00$ 495,000.00$ Ad Revenues per restaurant 3,540.00$ 132,960.00$ 360,000.00$ Total Revenue Summary 266,955.00$ 4,431,780.00$ 13,635,000.00$ Expenses 2013 2014 2015 Staff Salaries 300,000.00$ 842,000.00$ 2,113,000.00$ Development Costs 216,000.00$ 112,000.00$ 172,000.00$ Marketing 16,000.00$ 39,000.00$ 40,000.00$ Legal Fees 8,000.00$ 16,000.00$ 50,000.00$ Commission 15,000.00$ 40,000.00$ 40,000.00$ Miscallaneous -$ 100,000.00$ 160,000.00$ R&D -$ 100,000.00$ 150,000.00$ Owner's Draw 12,000.00$ 50,000.00$ 80,000.00$ Total Expense Summary 567,000.00$ 1,299,000.00$ 2,805,000.00$ Net Income (300,045.00)$ 3,132,780.00$ 10,830,000.00$EBIT
  • 15. • Application Content is Generated with attention to the type of device it was designed to execute on. • Additional Cross Platform support must be preprogrammed • Multiple Versions of Identical Content hosted independently for different devices • Mobile Device Jungle • Conventional Desktop • Content is managed and accessed independently The Velocity Engine Generating Portable Content Today
  • 16. The Velocity Engine The Future of Portable Content Content Management Terminal Content Dump and Cache Pool Device already Rendered ? Past Experiences FB Loop A Device of X Specifications Req. Specs + Content Y N
  • 17. Team FoodVelocity Enabling the next generation of Portable Content • Project Management • Founder/Product Director: Keith Foederl • Business Strategy: Anar Shah • Business Developer: Patrick Johnson • Legal • Joseph W. Ricigliano – Perkins Cole LLP • Software Development • Framework Engineering – Matthew Egan; Evolution Arts, LLC • Graphics Design: Evolution Arts Studios, LLC: Adria Furusho, Michael Innella, Matthew Taylor and Alicia Thayer