Food Truck Ordering
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© 2016 Dookans ‐ Confidential and Proprietary
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 Food truck/cart hub
 Find, Order and Pay
 What the Trucks App
Dookans at a Glance
Online food ordering service for mobile food vendors
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How It Works?
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Truck Process
 Customer orders and pays
 Order is sent to printer
 Customer picks up food
 Truck is paid weekly
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 Only online ordering service for food trucks
 Proven turnkey solution
 Launching in Portland 2016
Dookans at a Glance (cont’d)
© 2016 Dookans ‐ Confidential and Proprietary
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Problem — Consumer
Consumers’ problems are:
 Finding trucks
 Cash only
 Long lines
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Solution
An application that:
 Locates trucks (where and when)
 Accepts mobile payment
 Bypass lines
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Problem — Owner
Owners’ problems are:
 Visibility (location, menu, schedules)
 Marketing
 Credit card processing
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Solution
A service that:
 Lists locations, menus and schedules
 Includes email and social marketing
 Accepts multiple payment types
© 2016 Dookans ‐ Confidential and Proprietary
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What the Trucks
 Displays schedules, menu
 Online orders
 Saves time
 Marketing
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Revenue model is per-transaction
Business Model
 Setup fee of $150
 9% transaction fee
 Food trucks paid by ACH
 GrubHub and Yelp avg. 15%
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Fast casual restaurant space (e.g., Panera Bread, Chipotle)
 Over 37,000 mobile food vendors (source: IBIS)
 Expected revenue ’17 $2.7 billion (source: Inuit)
 9% YOY growth (source IBIS)
Market
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Competition
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Dookans is seeking $500,000 for 2016
 Enter Portland market
 Behavioral marketing
 Software enhancements
 Hire additional key personnel
What’s Next
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Use of Proceeds
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Exit by acquisition — GrubHub, Yelp, Amazon, Foodler and Groupon
Recent Acquisitions
Some Sweet Exits
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© 2016 Dookans ‐ Confidential and Proprietary

Food Truck Ordering

Editor's Notes

  • #3 Dookans is a online and mobile ordering company that focuses on mobile food vendors, for example Food truck, food carts and street food vendors. Any food provider that is not connected to the grid Now has anybody here experienced a food truck or cart? We create a simple software and hardware solution called what the truck for this low tech market Users are able to locate food trucks, order and pay from their smartphones
  • #4 Our process is simple and efficient a user: Locates a truck Orders and pays The user receive a confirmation email/tex when when they start making the food The user picks up their food and skips the line
  • #5 The process for the food truck owner is: the customer prepay for their food and order The order is sent to our mobile printer and is confirmed or cancelled They rack the ticket make the food the customer pickups up their food We deduct our fees and pay the owners weekly This saves the owners time, reduces their lines and allows them to focus on their food This process is similar to other food ordering service like grubhub and yelp
  • #6 Before we dive deeper some of soltuo highlight are: What the trucks is the only online ordering service designed and focused on food truck and carts. We have a proven hard and software turn key. We are launching the food cart capital of the world Portland Oregon. This si where we plan to see a tremendous amount of growth and user following The question why does any needs this ?
  • #7 Consumer problems with the mobile food market is if you have ever eaten from a food truck you know that find the one you love is not easy. They move around and continuously change locations Some of food trucks and most food carts only accept cash, which is a major inconvinced Food trucks are massive lines and nobodt likes to wait This current trend moving more towards is to order in advanced and reducing waiting times. Starbuck, Burger King, Chipotle
  • #9  Food truck have challenges entering into a market and reaching their user Where they are located and changed to schedules Menu update and specials Ability and time to market themselves, they are primarily focused on making food Stay current with payment option and infrastructure to support those changes some have a cash only and need to provide some option to users
  • #10 They need a centrilzed service that can list and update current locations, menus and schedules Provide social media and email marketing campaign and promotion to their customer accept current mobile payment and credit card options
  • #11 What the truck solves these problems We display their contact info, schedules, menus on any device Ability for customer to order in advance and be notified when their food is ready for pick up Avoid waiting in long lines making them a viable option during bad weather or time schedules We market for the business owner to a wide ranges of user that will food trucks from being discovered and allow them to focus on what they do best and that make food
  • #12 Our business model is simple and based on the other major food order services like Gurbhub and Yelp they pay $150 setup fee which include the 3G wireless printer We get a cut of the transcations, so you only pay for order sent to your truck we pay the owner weekly via ACH Traditional food order service charge an avg of 15% and if they are being promoted meaning being on the top of the search, they charge upto 24% per transactions
  • #13  Fast Casual dining space The growing food truck trend coincides with the growth of smartphones, social media and increased real estate prices 37,000 mobile food vendors in the US Expected revenue in 2017 is 2.7 billion they have been have year over year growth of 9%
  • #14 The competitive landscape look like this. Most of the services for the mobile food vendors do not allow for user to order and pick. They do not help mobile food truck vendors increase revenue and are more informative website
  • #15 We are seeking $500,000 Talk about Portland market and new hire Focus on behavior marketing to attract user that do not typical eat form food trucks SW enhancement, Salesforce Customer Portal Analyitcs Hire additional inside sales/support in other key cities
  • #17 Let do the numbers The number are linear to the number of mobile food vendors accepting orders and the pace of signing up the food truck is key We took grubhub avg of 4.7 orders per truck working for an average of 240 days in a year with 3200 truck in 2018 that would be $57 million in pass through and 7 million in realized revenue 2017 19 and 2 million = 1750 2016 3.4 and 300k = 450 Portland has over 500 mobile food vendors New York has 13,000 mobile food vendors