Yell Reservation

Providing customer with Table Reservation Facility
  • Sector Food, Restaurant
  • Country Pakistan
  • Founding date September 2020
  • Stage Idea
Generally when visiting restaurants people face the problem of long waiting time which may even go up to an hour so at time, resultantly spoiling their mood. So Yell Reservation will provide them with table reservation and pre ordering facility through mobile phones, saving their time and giving them the best experience.

General

Sector
Food, Restaurant
Category
Consumer, Software
Product usage or interact
Desktop, Mobile/Tablet (iOS), Mobile/Tablet (Android))

Business

Target customer
Affluent, metropolitan consumers who are active, social influencers.
Customer acquisition strategy
Through Social Media, TV Ads and Promotional Offers
Revenue model
We will charge a fix amount on every reservation made through us. Later on, we will be charging a specific percentage on every order that will be placed through our application. Plus we will provide a platform for the restaurants to market them for which we would be charging them monthly.

Market info

Market size
$800,000
Competition
Currently we do not have direct competitors in the market but we do have indirect competition from the restaurants themselves as they can provide reservation facility through calls.

Total early investment
$200,000
Shareholder structure
Owner type
Name
Equity
Muhammad Bilal
Co-Founder
% 45
Asadullah Zubair
Co-Founder
% 45
Start Any
Angel Investor
% 10
Investment round
Angel Investment
Investment amount
$200,000
Equity on offer
% 5.0

Team

Muhammad Bilal  - Pakistan
Asadullah Zubair  - Pakistan
Total team member
7
Comment
Last update: 09.12.2020