4.6 • 683 Ratings
🗓️ 29 December 2019
⏱️ 12 minutes
🧾️ Download transcript
Sabor POS is the premier restaurant software on the Windows Store, #1 most downloaded Restaurant POS for Windows 10. Sabor POS provides all the features you need to fully automate your ordering and accept customer payments
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0:00.0 | serving the Latin America restaurant market. |
0:02.1 | Seems like he has some traction. |
0:03.8 | Launched in 2015, they raised about $750,000, looking to raise an additional round of capital |
0:09.3 | about a $20 million pre-money valuation, but wants to double his revenue first. |
0:13.0 | He's currently at $45,000 a month in revenue. |
0:15.7 | Once obviously increased that significantly, revenue churn is about 5. |
0:19.2 | Sorry, Logo turn is about 5% per month. |
0:22.1 | His customer acquisition cost is about 500 bucks and he's got 450 customers paying on average |
0:26.1 | 100 bucks per month. So payback is between five and six months, again, with the seam of 13 between |
0:31.0 | New York City, Florida, and Latin America. |
0:34.2 | Hello, everyone. My guest today is Javier Duton. He's the founder and CEO of a company called |
0:38.1 | Savor POS, the premier restaurant software on the Windows store, a number one most downloaded |
0:42.3 | restaurant POS for Windows 10. The company provides all the features you need to fully automate |
0:46.6 | your ordering and accept customer payments. Javier, are you ready to take us to the top? |
0:51.0 | Absolutely. All right. Tell us about the company. What do you do and how do you make |
0:54.5 | money? We sell restaurant point of sales software to small businesses in tier two and tier three |
1:00.7 | cities. So a lot of Main Street America, a lot of Latino owned businesses, a lot of immigrant |
1:05.8 | businesses, usually are our customers. Our software is very, I would say, if you're a new business owner, it's |
1:13.0 | perfect for you. And we usually provide them with services like credit card processing, |
1:17.7 | order management, website, social media. And pretty much the point of sale is our way in. |
1:24.4 | And after that, we upsell a lot of other services. |
1:26.7 | Okay. And walk me through |
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