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Room Service App; the App that pays for Itself

Member: RoomServiceApp
Located in: United Kingdom (Great Britain)

Business Details

Business Stage:
  • Established (ready for expansion)
Amount Required:
  • £10000.00
Investment Types:
  • Debt/loan financing
  • Equity/shares
Reasons:
  • Working capital
Industries:
  • Restaurants/Hotels/Pubs/Food Outlets

Short Description

Hotel guests want an App that offers real benefits, special deals and savings, not just from one hotel group but from any hotel. This one App links hotel guests with a single hotel or multiple hotel brands, Worldwide.

Executive Summary

We will have 50/100 hotels using the Room Service App by August. I am working with two hotel groups. 100 hotels, average 60 rooms, pays £60,000 per month. In September, I will go for funding of £2 million and target 1,000 hotels within 6 months.

My business is going Worldwide and I am looking for working capital for shares or loan.
I am looking for upwards of £50K.

5 (5/100) shares available
Cost of full share £10,000
Want to be able to buy them back.
OR
Loan from £1,000
Repayable based on number of client hotels:
500 hotels repayment: 2X £2,000
750 hotels repayment: 3X £3,000
1,000 hotels repayment: 4X £4,000
2,000 hotels repayment: 5X £5,000

2,000 hotels, average 20 room at average £7 per month, pay £280,000 per month.
Hotels pay £5 to £10 per month.

Our hotels will include Luxury Pubs with Rooms, average 6 rooms. Pubs within Pub Groups will pay just £5 per room per month; £30 per month. Some pub groups including FULLERS and Whitbread have 200+ pubs with rooms.

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