Speedy Eats is attracting hundreds of new investors by bringing convenience back to the food service industry.
BATON ROUGE, La., Sept. 30, 2022 /PRNewswire-PRWeb/ -- The food service industry is known for its high overhead costs, low profit margins, and demanding customer service. Restaurants and kiosks are both highly limited by their location, labor needs, and turnaround times.
Speedy Eats is one of the few companies developing automated technology specifically designed for the restaurant industry. Their mission is to revolutionize the food service industry by creating automated kitchen units to bring convenience back to a hot quality meal.
CEO and Founder Frederic "Speed" Bancroft designed the first fully automated drive-thru kitchen. His system works by cutting out most of what slows down a fully staffed restaurant: long lines, slow cook times, and overwhelmed staff. Every unit uses advanced technology and smart software to learn customer traffic patterns, so food is ready when it's needed - nearly eliminating food waste.
Speedy Eats's patented automated technology allows operators to customize their menus to offer entrees, side dishes, and drinks. Customers can stop by an easily accessible Speedy Eats drive–thru on their way home from work. Since Speedy Eats's kitchens are designed to be stand-alone restaurants, customers might not even need to leave their company's parking lot to find one on their way home from work. They can be placed almost anywhere with vacant space, spaces like bus/train stations, theme parks, airports, musical events, and other underutilized locales.
Customers can order via their smartphone at a Speedy Eats location or place a request through third-party delivery services. What attracts new investors to their StartEngine campaigns? These especially designed automated kitchens can be placed nearly anywhere. What used to be an empty parking lot can now be transformed into a profitable business - one which can be run by a single part time employee. One operator could run several restaurants by themselves, eliminating any need for staff-cutting out a lot of overhead costs.
Speedy Eats's equity crowdfunding campaign is currently active on StartEngine. They have already attracted the attention of several new investors, welcoming over 208 early shareholders. Since the start of their campaign, they have raised over $335,533. Investors find Speedy Eats's automated kitchen units appealing for their ability to combine overlooked real estate with modern technology to create a profitable space from what used to be an empty lot.
The quick service restaurant market was valued at $296.55B in 2021, while the food delivery business is worth $126B. Speedy Eats aims to capitalize on both, and their units can be placed in strategic locations so that delivery drivers don't even need to get out of their vehicles.
Speedy Eats will manufacture and sell the units to operators for around $120K each, while also licensing the software as a monthly SaaS subscription. Speed Bancroft believes each unit will provide a one-year rate of return for automated kitchen
franchisees.
You can learn more about Speedy Eats by visiting their raise page on StartEngine or by checking out their website.
Contact
Frederic "Speed" Bancroft
CEO/Founder/President
sfb(at)speedy-eats(dot)net
225-772-2069
About Speedy Eats
Speedy Eats automated kitchens offer full meals available 24/7 via walk-up, drive-up, and delivery, offering a unique combination of quality, convenience, and superior customer
experience.
Media Contact
Frederic "Speed" Bancroft, Speedy Eats, 225-772-2069, [email protected]
SOURCE Speedy Eats
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