SlideShare a Scribd company logo
Presented to:
       Jerry Cohen, Opteris
Warren Buffett, Berkshire Hathaway


         March 5, 2012
         Daniel Wang
The Restaurant Industry




          $1.7 billion in sales per day
          or ~$604 billion annually
Target Market
• Restaurant chains
• Fast casual to full-service ($458B)
Money Lost to Long Wait Times




“…up to $1 million per week [at Red Robin]”
                -MarketWatch
Inventory Losses
• Perishment and Theft
Poor Customer Service
Lack of Unique Experiences
The Product
The Madini Menu® + Madini Insights® Tools
Madini Menu®
•   Customizable Items
•   Easy-to-Update Prices
•   Integrated Promotions
•   Customer Reviews
Sharing
• Connect with Restaurant
• Publicize experiences
Ordering System
• Order from Tablet
• Or Call Waiters
• Track:
  – Processing Times
  – Inventory
  – Overall Wait Time
“You can’t manage what you don’t measure”

• Revenue
• Costs
  – Labor
  – Food and beverages

New:
  – Customer Satisfaction
  – Local Trends
  – Bestsellers
Potential
• Multimillion Problem




                     Highly Scalable Solution
Building Better Experiences
Affordable:
- Lease tablets at $9/month
- Software subscription at 0.2% of sales
- Marketing campaign – ask for quote

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Madini Presentation

Editor's Notes

  1. National Restaurant Associaiton