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Similar to the remainder of the world, the restaurant market is basically altering. Now greater than ever, shoppers are demanding better comfort and better-quality meals, together with contemporary, premium ingredient choices.
800 Go
Between ultra-tight revenue margins, labor shortages, and rising product and actual property prices, many eating places on this $660 billion business merely cannot meet that demand.
In opposition to that harsh backdrop, 800° Go has positioned itself to win within the new market, the corporate says. They’ve created a novel, tech-enabled restaurant mannequin, together with small-footprint, low-labor eating places and totally automated pizzeria pods with robots as a substitute of pricey employees. The consequence: pizzas produced from top-notch substances, cooked-to-order by robotic pizza makers in lower than three minutes, all in a footprint of solely about 40 sq. toes whereas vastly rising revenue margins.
It’s possible you’ll already be accustomed to 800º Wooden Fired Kitchen pizzas from one of many chain’s 16 nationwide and worldwide areas. Behind the recipes of restaurateur and chef Anthony Carron, the LA-based firm has already made a reputation for itself with their high quality pies. However now, the brand new enterprise 800° Go is able to put the model into overdrive. The plan: 500+ ghost kitchens (delivery-only eating places), extremely environment friendly brick-and-mortar shops, and three,600 robot-staffed mini-pizzerias to look nationwide over the subsequent 5 years. And, that new wave of growth is accompanied by possession alternatives for traders prepared to purchase into this rising enterprise.
It’s not onerous to see why backers would really feel bullish about investing in a revolutionary shift within the $54 billion U.S. pizza market. The 24/7/365 pods, concerning the dimension of two merchandising machines, shall be positioned in high-traffic areas like airports and faculties. Hungry prospects enter their order on a touchscreen, then diligent robots get to work crafting the custom-made pizza order proper in entrance of the customer’s eyes. Three minutes later, that customized pizza is cooked and able to eat.
The tech works like a attraction, whereas additionally addressing among the largest points dealing with eating places all over the place, the corporate says. Whereas many neighborhood pizzerias scrape by with revenue margins of a meager 5 p.c to 10 p.c, the financial savings on essential overhead like actual property, labor and different manufacturing prices enhance the profitability of 800° Go to about 45 p.c, all with out sacrificing any of the 800° Go signature artisan pizza high quality.
800° Go has already opened almost 40 ghost kitchens and is on monitor to launch over 500 of those websites in partnership with REEF, the biggest operator of meals supply eating places in North America. The corporate will start rising its brick-and-mortar presences in 2022, and these eating places will inventory and repair its automated pizzeria pods over time.
Proper now, 800° Go is in search of traders intrigued by the potential of this paradigm-shifting method to feeding America’s raging pizza behavior. They’re trying to elevate $5M in new funding, so try the small print and see should you’re able to get in on the bottom ground of their revolutionary method to pizza. The fairness crowdfunding marketing campaign is ready to finish Might 4, so potential traders ought to make their transfer to purchase into 800º Go now.
Costs are topic to vary
800° GO is providing securities by the usage of an Providing Assertion that has been certified by the Securities and Change Fee below Tier II of Regulation A. A duplicate of the Ultimate Providing Round that varieties part of the Providing Assertion could also be obtained from: 800° GO https://www.sec.gov/Archives/edgar/knowledge/1880820/000110465921134068/tm2126861d2_partiiandiii.htm.
