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Yeatapp 1A
Book last minute availability at the best restaurants
Key Investment Information Sheet
Terms & Conditions
€94,500
total amount raised in round
5 days
remaining
- Backed by over 50 investors
- Eligible for a tax reduction
LET'S TALK ABOUT - GROWTH
Fully up and running, today the app automatically adapts to your mobile's language setting. If it does not know your set language, you will get Yeat in English.
With 3 simple settings, any language can be activated in the app.
YEATapp is very smoothly scalable and thus can launch in any country today without any problems.
LET'S TALK ABOUT - MONEY
As you can read in on the other pages, we charge a small fee for the restaurant owner and the foodie uses the app completely free.
Current business varies by country/region:
Current business varies by country/region:
- Monthly (€30 - €50) or Upfront annual fee (€300 - €500)
- Fee per couvert booked (€2.5 - €5)
- No Cure No Pay (If the restaurant owner, places a table online at least once a week and at the end of the month there was no booking, the restaurant owner will not receive an invoice).
Future revenue streams are:
- Premium membership for foodies
- Add-on features for restaurant owners
- Partner chips
LET'S TALK ABOUT - PAST & FUTURE
Assuming realised result from 2022 to September 2024, with the upcoming efforts in Sales (Local Hero's) and marketing by the end of 2026, we expect 1,050 participating restaurants in Yeat and the number of participating restaurants increases to 2,275 by the end of 2027.
2022
Total turnover realised: €44,910.46
2023
Realised total turnover: € 176,201.46
2024
Total realised turnover until September 2024: € 157,047.41
Between 2026 - 2028
Expected annual turnover increase of 20%
2022
Total turnover realised: €44,910.46
2023
Realised total turnover: € 176,201.46
2024
Total realised turnover until September 2024: € 157,047.41
Between 2026 - 2028
Expected annual turnover increase of 20%
WHY YEAT?
Yeaten should become the verb that people use when they need inspiration to go somewhere nice to eat, but especially don't feel like doing multiple phones to check availability for it. Revenue and profit forecasts are a real multiplier. With 3000 restaurants up and running, an annual turnover of several million euros is guaranteed. The churn rate is less than 1% because for all the restaurants that have tested it, Yeat is a real no-brainer that helps boost their sales.
TAX SHELTER 45%
Investments in this company benefit from a 45% personal income tax reduction. Read more…A remaining amount of €166,500 is available for the Tax Shelter benefit.
Fact sheet
| Advised by a professional start-up advisor | |
| Valuation is set by the co-investor or incubator | |
| Co-investor or incubator will be members or observers to the board | |
| At the closing, an incubator, accelerator, or studio will have shares | |
| At the closing, the entrepreneurs have contributed a minimum of €15,000 in cash in exchange for shares | |
| At the closing, a professional co-investor will have invested at least €25,000 | |
| Prior fundraising in equity or convertible loan with 10 or more investors | |
| Seasoned entrepreneurs | |
| Minimum 2 active entrepreneurs | |
| Valuation set by an organisation specialized in valuations of comparable size | |
| Valuation is less than €1 million or 10x last year’s turnover |
Raise summary
| Crowd investments | €94,500 |
| Committed by others | €0 |
| Amount raised | €94,500 |
| Minimum round | €50,000 |
| Maximum round | €500,000 |
| Shares in the company (total round) | 10% |
| Pre-money valuation | €4,500,000 |
| Post-money valuation min. | €4,550,000 |
| Post-money valuation max. | €5,000,000 |