This site uses cookies. By using this site you agree to receiving cookies. View Policy.
Successfully funded
/https://files-crowdcube-com.s3.amazonaws.com/files/pitch_pics/original/201709/moody-burgers-logo_9f62b02ae2460ee807375c2869795f94.png){kind=logo}
Launched in 2016 Moody Burgers has two bricks and mortar sites and delivers restaurant-quality burgers directly to customers via their online ordering system. They are now raising investment to expand their delivery service and to launch two additional Moody Burger sites.
- Over £200k of sales generated from their own website.
- Two premises currently operating in Swindon and Worcester
- A database of 12,000 customers and a social media following of 6200
- Operating in a £9.9bn industry with predicted 10% annual growth rate
The company had £150,000 of its SEIS allowance remaining at the start of this raise. This will be allocated to investors on a first come first served basis. Any investments made after that limit has been exceeded will not be SEIS eligible but will potentially be eligible for EIS. The potential tax relief of any investment will be confirmed by email to investors, after they have submitted their applications to invest, and will depend on an investor's individual circumstances.
Idea
The takeaway food market is worth £9.9bn and is growing– spend has increased by 34% since 2009. Growth has been helped by aggregators such as JustEat and Delveroo.
We created Moody after noticing a gap in the market for quality Californian inspired Burgers that we could deliver to our customer's homes. In 2016, burgers entered the top 10 takeaway chart at number 9. Moody offers a credible alternative to pizza and Chinese in a market that is in growth. This presents our opportunity, with a category that is growing.
We have created a menu featuring 13 Burgers, sides, Loaded fries, wings, shakes and desserts. Contracts are in place with JustEat and Deliveroo. We also have 12,000 customers in our own database and 6,200 followers on social media. Our website has generated £200k of sales to date with total sales of £416k (EBITDA of £7.5k) from 2 sites. Swindon opened on September 16 and Worcester on March 17.
Swindon successfully moved to larger premises late last month, creating 80 dine with us seats and allowing us to sell cocktails and craft beer, deliveries are up 20%.
We believe we have developed an exciting relevant brand, built our website, secured supply partners and overcome the technical issue of delivering hot food to our customers
We believe this is the right idea at the right time with a huge opportunity for growth. Even better our customer love what we do.
THE MATERIALS YOU ARE SEEKING TO ACCESS ARE BEING MADE AVAILABLE BY THE COMPANY RAISING FINANCE AS IDENTIFIED ABOVE (THE "COMPANY") IN GOOD FAITH AND FOR INFORMATION PURPOSES ONLY AND SUBJECT TO THESE TERMS AND CONDITIONS. CROWDCUBE CAPITAL LTD IS AUTHORISED BY THE FCA AND CARRIES OUT DUE DILIGENCE ON EACH COMPANY THAT LISTS ON CROWDCUBE AS SET OUT HERE.
This investment opportunity is not an offer to the public and is only available to registered members of Crowdcube.com who have qualified and categorised themselves as able to invest. The investment opportunity is not directed at persons located in the United States, Canada or Japan. Any person resident outside the United Kingdom who wishes to view these materials must first satisfy themselves that they are not subject to any local requirements that prohibit or restrict access.
In particular, unless otherwise determined by the Company and permitted by applicable law and regulation, it is not intended, subject to certain exceptions, that any offering of the securities mentioned in such materials (the "Securities") by the Company would be made, or any documentation be sent in or into, the United States, Canada or Japan. There will be no public offering of the Securities in the United States.
In order to access the pitch you must first become a qualifying member of Crowdcube on the basis of your status as either (i) self-certified ‘high net worth investor’, (ii) certified ‘sophisticated investor’, (iii) self-certified as a ‘sophisticated investor’ or (iv) certified as a ‘restricted investor’, in each case in accordance with the FCA’s Conduct of Business Sourcebook Chapter 4.7. Potential investors are encouraged to "cross examine" the Company by interactive due diligence and use of the available online forums to bring the "wisdom of the crowd" to bear. Accessing the pitch also means you agree to Crowdcube’s most recent website terms and conditions and investor terms and conditions, which include Crowdcube's limitation of liability.
If you are not permitted to view materials on this webpage or are in any doubt as to whether you are permitted to view these materials, please exit this webpage. Crowdcube’s or the Issuer’s press announcements and this information page do not constitute an offer to sell securities of the Company. Further, it does not constitute a recommendation by the Company, Crowdcube or any other party to sell or buy securities in the Company.
By registering or logging into Crowdcube.com to view the investment opportunity, you certify that you are legally entitled to view the investment opportunities, are an authorised investor and you agree to all applicable terms and conditions on this website, including this disclaimer.
To see the rest of the Moody Delivery pitch, join now.
It’s free, quick and easy.
Already registered? Log in
To see the rest of the Moody Delivery pitch, join now.
It’s free, quick and easy.
/https://files-crowdcube-com.s3.amazonaws.com/files/pitch_pics/original/201709/moody-burgers-logo_9f62b02ae2460ee807375c2869795f94.png){kind=logo}
