Dear Investors / VCs,
I am Shehzad- Co founder and Vice President Growth & Development of The Horeca Store.
Before I dive into my pitch, The HoReCa industry, which stands for HOtel, REstaurant, and CAfe, is a thriving sector in the United States.
In 2023, the HoReCa market was valued at $3.02 trillion. Growth of The HoReCa industry is expected to grow to $6,449.35 billion by 2032, with a compound annual growth rate (CAGR) of 6.70%.
We have come up with an idea to disrupt the online hospitality industry of United States after the highly successful proven concept in Dubai, United Arab Emirates where The Horeca Store recorded $2m revenue with in only last 14 months having growth of almost 15 to20% month on month from online customers and from physical store too.
Since, United States itself have $4 billion industry of food and service sector, we want to expand Horeca Store online venture in United States with the additional feature of TECH-BASED E-commerce online platform for Restaurateurs and other food service businesses throughout the USA region.
Our Platform i.e. www.thehorecastore.com revolutionizes the procurement for Hotels, Restaurants, and Cafés through a streamlined, technology-driven platform. This is actually a Single Vendor Market place where procurement and supply chain ease the hassles of all Restaurateurs. Our innovative solutions simplify sourcing, reduce costs, and enhance efficiency, providing the hospitality industry with a seamless and smarter supply chain.
We need funding for 4 keys areas in order to have a massive growth and disrupt the US Online Horeca industry.
1. Technology advancement to e-commerce web that shall integrate with our tech and launch a user-friendly mobile application of thehorecastore.com very soon in order to enhance user experience. We have already started working on it.
2. Performance Marketing to increase Brand awareness and tempt maximum audience to get used to it.
3. Team Building to update web and app, explore more categories and adapt technology integration to Restaurateurs.
4. Opening 4 more Stores in addition to Houston (already started) and establish fulfilment centers in New York, California, Florida and Dallas in order to speed up delivery process.
Currently, team of 140 are deployed for this project day and night on daily basis but we need more to speed up further advancement in technology on web and application.
We have strategic business plan to make this company to Billion $ company within the next 5 year period with year on year growth of 15 to 20%.To be discussed in further meetings.
For further growth with a fast pace, we need strategic partners to join us and support in terms of investment against equity share of 10% for $1m.
I would be pleased to discuss further about this emerging market business opportunity being partnered with your investment and guidance to reach this milestone.
Looking forward to hearing from you soon.
Best Regards,
Shehzad Abdul
Call: +1 (346) 565 6682
8800 Bissonnet Street, Ste A, Houston, Texas 77074.
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