ID: 10004

12.05.15

Investment projects and startups in Ukraine

Online reservation service RestOn

RestOn.com.ua – online table booking service, by using which you can book a table in the baes places of Kyiv city and also receive an exclusive 50% discount on the menu.

Location:

  • Sector: IT and telecommunications
  • Business activity: Internet technologies
  • Stage: Early Stage
  • Required investments: $195 000
  • Type of investment: Equity
  • Return on investment, years: 2

 

Project description:

 RestOn.com.ua – online table booking service, by using which you can book a table in the baes places of Kyiv city and also receive an exclusive 50% discount on the menu.

On RestOn.com.ua user can find all the necessary information (description, characteristics, photo, menu, news, reviews and a host of other things) and book table online.

Product: Online reservation service RestOn

Market problem:

For restaurants:

  • Vacancy of dining places
  • Absence of comfortable communication with the visitor on the distance
  • Low level of recognition of visitors
  • Visitors` ordering from the paper menu
  • Restaurant worker`s recording of reserves in paper book of reserves

For visitors:

  • Phone table reservation
  • Search of contacts for table booking
  • No feedback communication from restaurant
  • No opportunity to economize in restaurant
  • Inconvenient menu

RestOn solution:

For restaurants:

  • Attraction of visitors with online booking service
  • Сustomer loyalty program on distance
  • Visitors statistics
  • SMS and E-mail communication with visitors
  • Convenient online ordering
  • Providing with a convenient online book of reserves

For visitors:

  • Creation of a convenient booking system
  • Сustomer loyalty program
  • Restaurant feedbacks about discounts and special offers
  • Creation of a convenient menu for ordering

Results

  1. Restaurant solves a problem of dining places vacancy.
  2. Has online booking automatic module, which can be connected to the official site or Facebook page.
  3. Restaurant gets a wide opportunities of fast communicating with visitors both inside the place and on the distance.
  4. Restaurant has its own loyalty program.
  5. As a result of automatic ordering the profit of the restaurant is increasing.

Targeted audience:

  • Woman (60%) and man (40%)
  • Medium income level
  • the 21 to 45 age bracket
  • Big cities residents
  • Medium-level managers, or have their own business
  • Internet users
  • Interested in market innovations
  • Appreciate their time and comfort
  • Appreciate a good meal.

Monetization:

  1. Table reservation – 5-10% from the total of a receipt for each booking, or fixed amount

Development program:

Business expansion on other cities with populations exceeding one million.

Development of an app for Android and iOS.

Workforce increase.

Marketing and advertising. Transferal of key words in Google TOP-5.

Connect booking system to 350 restaurants around Kyiv

Development of the portal

Investments/Offers to the investor:

Monthly average growth coefficient: 20%

Required amount of investments: $195 000

Investor`s participation: starting with 25%

Implementation of investments:

  • Activity market expansion
  • Marketing and sales
  • Veb-development
  • Personnel

InVenture Investment Group serves as an exclusive investment consultant for RestOn project.

Contacts

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