InterMingle is a social/entertainment event app that offers consumers a membership fee of only $7.99 a year to receive invitations to dozens of events per year, organized by fellow members, and matched with as many as ten social categories the member selected when they enrolled.
This concept has been praised by app developers and marketing firms as well as targeted focus groups. It’s the only concept of its kind in the world. It can be promoted in any of the 80 English-speaking countries in the world. It has no direct competition on the national and international stages, yet it has an important part of its business model that has been proven by another very successful company doing 28M a year in sales, which is not a competitor. This is the company’s secret sauce.
This “secret sauce” InterMingle shares with the 28M company mentioned above is that the members organize all events as well as attend events. This puts the company’s service cost at zero. The organizers come from members who are professional event planners, members with planning in their DNA, members who plan an event because they want to attend that type of event, and members who want to earn a part-time or full-time income. Members can profit from the events that have fees as long as they are reasonable markups and approved by the company.
Experts put first-year sales estimates at close to 2M in the first year but the Founder predicts double that figure. Gross margins of over v50% are also estimated. This is a concept that could go extremely viral due to the low price point and universal appeal to all age groups.
I am an expert in the event/entertainment/ recreation industries, and I have started several other successful companies. I am offering a generous equity position and will consider a co-founder, business loan, single investor, multiple investors, as well as an outright sale of the rights (giving up all equity) and consulting for 3-6 months. I have an outsourced team lined up, including an app developing firm and digital marketing company that are considered the very best in their respective fields.
I have a Business Plan I can send upon request.
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