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The FunTimes App

Project No: #18650
Capital needed
USD 250,000
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Minimum investment per investor: 150000
Country: South Africa
State: KwaZulu-Natal
Reason for needing Capital: Working Capital
Stage: Pre-Startup
Ideal Investor Role: Equity partner
Highlights: The company owns no store and is essentially the necessary middle man to bridging the gap between customer and store owner. Delivery at a cheap rate will be the drawing card.
What you offer to investors?: By buying in at this stage you will get a guaranteed 30% of the profits and shares of the most promising App of the modern era. With the establishment expanding to different countries thus increasing profit margins.

The FunTime App is an on-demand Alcohol service that allows you to request liquor from local bottle stores through applications for iPhone and Android devices. The service utilizes dispatch software to send your desired purchase to the nearest bottle store of your location. The service provides a cashless solution that charges the customer directly to the credit card or PayPal account on file with your account. There is also a COD (Cash on Delivery) Option for the customer. The customer pays R20 for delivery of service. The App will help link local business to its customers or visitors. Imagine arriving in Westville or Pinetown and you have no idea where to purchase beverages. The App will then give you an option of many stores but their prices and delivery too. The money will be made from downloading the App at R5, registration fee of the bottle store for R250, Annual fee of R200 for the bottle store and monthly subscription of R150/month. With a clientele of 2500 and regular purchase the App will make a turnover of more than $R1m a year the first year and double as the years go on. 

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