ButcherBox’s Post

🍕PizzaBox AI: How we want to help MOD Pizza 🆘 This article was published few days ago: https://lnkd.in/gFWwHyex It made us think and together with Andrew S., we had meetings and discussions on how we can help MOD Pizza with our new #pizza subscription program 🚀 Andrew Simmons, who pioneered pizza subscriptions [at Mamma Ramona's Pizzeria] and made the subscription program popular by building in public and writing about the subscription process with numbers, partnered with RestoGPT AI | PizzaBox to build the most advanced pizza subscription platform in the world [yes, in the world] and make this solution available to every #pizzeria in the US. This partnership made us to rethink our growth strategy and concentrate our efforts to build the most scalable platform [both for merchants and customers] for pizzerias to fund their needs by raising immediate cash at 0% interest and with other huge, HUGE benefits 📈 .  [the official launch date is July 20th 🚀 ] So, how can we help MOD Pizza 🍕 ? We can generate $135MM for MOD Pizza, within 2 weeks, with PizzaBox. [and you know we love numbers] so how did we come up with these numbers ? MOD Pizza generates $699.2MM [open source data] – 553 location = $1,264,014 per location [ave., sales/location] Assuming the AOV is $19 = 36,789,473 orders/year or 66,527 orders per location. By doing general, high level [not deep] research and analysis [social media, open source data, history, etc.], we can confidently assume that each location has at least 5K customers [this number can go as high as 10K]. Based on our subscription data, 25% of the customers will opt to the subscription program and based on that, we came up with: 5K customers x 550 stores = 2.750.000 x 25% = 687.500 customers x $197 [yearly subscription fee] = $135.437.500 subscriptions sold. We also found a strong Reddit community that will support and help to increase the awareness to sell more subscriptions, in addition to our marketing automation and influencer supported programs. What are the benefits to MOD Pizza? 🚀 Raise cash: $135MM with zero % interest [within 2 weeks] with no risk, no loans. 🚀 Get loyal customers [customers that buy subscriptions tent to be the most loyal customers in the future] 🚀 Make more on return visits [this is probably the best loyalty program ever as it brings the customers back on weekly basis, who spend even more regularly] Contact me, Gary Chaglasyan or Andrew S. directly to get more information on PizzaBox AI – your pizza subscription platform. Vincent Chaglasyan Shawn P. Walchef Matt Wampler Spencer Amadon Mike Locke Henry Arciolla Sam Kennedy Beth Scott Ben Sadler Jason Haleva, CCP Casey Winchell Robert Notte Becky Mulligan Scott Svenson Rick Hynum Charlie Pogacar Joanna Fantozzi Joe Guszkowski Nancy Luna 🍽️Zack Oates🍕 Paul Cairnie Paul Allen Maysam Lavasani Michael Jacobs Angela Diffly Lisa Landsman

If you are a #restaurantindustry person and you have not been to Food On Demand ... why not? This is one of my favorite conferences, full of interesting know-how sharing. Tons of like-minded individuals, all trying to figure out how to most profitably and efficiently serve the new on-demand consumer needs. Our panel should be especially interesting. After 2 years of negative news in the virtual brand and ghost kitchen category, we'll talk about what we've learned. Spoiler alert: there are some models that work!

Revenue management comes to the restaurant industry!

JUICER secures $5.3M seed funding to revolutionize restaurant pricing San Francisco-based #fintech firm #Juicer, specializing in restaurant revenue management and pricing solutions, has successfully raised $5.3 million in seed funding. The investment round was led by York IE, with contributions from Augmentum Ventures and Muditā Venture Partners Partners. Notable operators and investors, including Kat Cole, Paul English, and Solomon Choi, have also backed Juicer. With Marshall Everson from York IE joining Juicer's board, this funding round signifies broad industry support and belief in Juicer's vision and potential to transform the restaurant industry. Juicer's innovative solutions, including JUICER Pricing and JUICER Compete, are set to revolutionize how restaurants approach pricing and competitive intelligence. By harnessing AI-driven algorithms, Juicer enables restaurants to optimize prices, particularly during off-peak hours, while also providing valuable insights into local market dynamics and competitor pricing strategies. With the freshly secured funds, Juicer is poised to accelerate the development of its sophisticated tools and data resources, enhancing operational efficiencies and consumer experiences across the restaurant sector. By continuing to innovate its technology stack and expand its offerings, Juicer aims to drive growth and customer satisfaction in new and exciting ways, ushering in a future where data and technology shape the dining experience. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://t.ly/s541W   - Substack: https://lnkd.in/dzfGJzmW

For small operators (and big ones as well) in the pizza business, Andrew Simmons’s posts on LinkedIn have become must-read material. That’s because Simmons, who I wrote about last year as he experimented with utilizing pizza automation technology in his San Diego area restaurant, has open-sourced his learnings as he continues experimenting with various forms of technology. And boy, is he experimenting! And it’s not just automation (though that’s a big part). He’s constantly tinkering with every part of his restaurant tech stack as he expands beyond his original restaurant and looks to create a nationwide chain of tech-powered pizza restaurants. Add in the fact that he’s utilizing a crowdfunding model in which he sells subscriptions and a share of future pizza profits, and Simmons has created a live in-process testing lab for how to build a next-gen pizza chain that everyone can learn from. Read more in this article. https://zurl.co/yYRJ #thespoon #foodtech #kitchentech #sks2024 #smartkitchensummit

Unveiling a New Era of Seafood Sourcing 🐟 Hey there! Welcome to Freshline’s official LinkedIn page! We are excited to introduce you to a game-changing way of sourcing your seafood, particularly the fresh salmon that your kitchen craves. Our vision? Simple. We dream of a world where sourcing seafood is not a task but a delight. We’re here to remove those pesky logistical barriers that stand between you and the pristine salmon. With our upcoming platform, in 3 simple steps we’re bringing the supplier’s dock right to your kitchen’s doorstep. No more juggling calls or facing delivery disappointments. It's about creating a straightforward, reliable channel that works as hard as you do. We believe in the magic that chefs create with the right ingredients and we're here to ensure that nothing stands in your way. It's not just about a marketplace, it's about creating a community where quality, reliability, and ease of business are the norms. So, as we gear up for our launch, we invite you to join us on this exciting voyage. Follow our page, stay updated, and be part of the journey. Your culinary canvas deserves the finest, and we’re here to deliver just that. Stay tuned! 🚀 #seafoodindustry #salmon #restaurants #startup

MOD Pizza exploring #capital structure &c &c ... odd tunnel vision in this item on one of the #fastcasual build-your-own #pizza #restaurants of yore ... In the Nation's Restaurant News piece, there's a section on Mod's steady growth of 4 to 5 years, before this current one that is, when they've closed stores and are looking at a #bankruptcy filing. The growth — 'even' through #Covid is pitched as a good thing and like, 'Wha- happened?!' when the takeaway is surely, 'they grew too fast' or tried to outrun the numbers or whatnot. There was a $160M investment pushing toward the magical 1,000 units — oh how we humans love round numbers ... why not 997? 1,008? Or why not 400, since that might be the *right* number for one of several DIY pizza pie peeps. https://lnkd.in/gkTGwHDt

Looking to start or expand your food business? 🌮🍴 Discover amazing opportunities on Flippa! 🚀 Check out https://buff.ly/4eqMRtM. #EntrepreneurTip: Use Flippa's "Revenue Verification" feature to ensure authentic earnings before you buy. Perfect for scaling your restaurant or food truck empire! 🔍✅

🍕 PizzaBox Subscription Platform - can this become the future of crowd funding for pizzerias? Andrew S. "The #subscription program is the ultimate in #loyalty, with an average 44% redemption for each subscription at $199. I think it’s one way that a #pizzeria, or any #restaurant for that matter, could generate revenue for new equipment, expansion or just additional working capital". 💯 Absolutely it can become one[it already is]! 🤝 Working on a new program to enable most innovative 🤖 #automation and pizza equipment manufacturers to sell more #equipment by using pizza subscriptions as the new financing mechanism. Benefits? #Suppliers get paid upfront and scale their efforts, while #pizzerias get new innovative equipment for free and benefit from the automation and savings. A true win-win program by RestoGPT AI | PizzaBox. #pizza #pizzeria #financing #automation #pizzaequipment #subscriptions Middleby Marshall Picnic xRobotics Roto-Flex Oven Co. TurboChef Technologies, Inc. Donna Italia PizzaMaster® USA Pizzaovens.com Bakers Pride Pizza ovens Andrew S. Vincent Chaglasyan Henry Arciolla Igor Buchatskiy Allen Kieny 🍕 Michael V. Rick Hynum American Range Blodgett Oven Company Marsal Ovens PAZZI Pizza Today PMQ Pizza PizzaForno Peerless Ovens Pizzagroup Garland Pizza WebstaurantStore

Super fun to see Do Good Brew beer at the Amazon Stockholm office! 🤩 When I logged out from Amazon last autumn, I never imagined that in just six months, I'd be shipping our beers back to my old office. :) Our customer Icebreaker.vc organized a customer event with AWS Stockholm, and as with most of their events, the evening ended with cheers, enjoying our Ritzy Beer rebranded for Icebreaker. As Merit mentioned in my post yesterday, branded beer isn't just a huge opportunity for restaurants and hotels but also for other companies. We've created branded beers for great companies like Icebreaker, Varjo, and Kasvu Partners, and we'd love to elevate your next event too. The minimum order is 200 cans, and we have some beers ready to ship, so it's less than two weeks from receiving the graphics for the label until you can have your own branded beer. If you have events coming up in early summer, ping me a message, and let's get you the best beers you've ever had! #startups #aws #brandedbeer #icebreaker #customerevents #branding #marketing