pledgeme lord of the fries

I'm trying to look at your financials, and I'm finding it difficult to do so. 2 x Lord, Lady or Laird-ships! Subject to the terms of our Constitution, the Company shall have Ordinary Shares and Investor Shares conferring rights as follows: * Upon the successful completion of the PledgeMe Crowdfunding campaign, the current shareholder loan of $381,000 will be converted Into equity. LOTFNZ is financially independent of LOTFAU. The short answer is no, once this campaign is closed the opportunity for now will be complete. Hello Bruce! So you are valuing the master franchise agreement with no other assets at 8 mil? PledgeMe (FSP359926) is licensed as an equity crowdfunding platform by the New Zealand Financial Markets Authority (FMA) If you have already created a PledgeMe account, please login below. Hi I would like to pledge but it seems like you won't reach your goal with only 5 days left. Hi, our first priority of course is to achieve our minimum funding goal, and we're working hard to get there! We use cookies to ensure that we give you the best experience on our website. At this stage, for at least the next three years, LOTFNZ will reinvest any profits to accelerate the growth of the business, to achieve some of our stated goals ie 'owning' the plant based fast food space in NZ, and building revenue and stores, driving cots down and profitability up. Bringing our focus into the catering and event space more than it is currently is, by building a mobile kitchen, and actively pursuing opportunities in this area is another revenue stream we will target to improve. LOTFNZ has implemented and installed several software packages across the stores to monitor and report, and ensure compliance with regulatory agencies. You may lose your entire investment, and must be in a position to bear this risk without undue hardship. Fintech Insider® We used a combination of conventional models to determine the value of the business (including discounted rates and multiples of revenue, EBITDA and NOPAT). If you’re online at noon today, I’m going to do a Facebook Live update on our Facebook Page (here). We want to grow the business to a point where our shareholders can enjoy returns and also know their investment is making an impact on the animal protein driven fast food sector, with all the positive environmental, health and animal welfare outcomes that would create. We help companies raise investment by offering shares to their crowd of family, friends, and fans online. The master franchise license is for a period of 10 years (which started in 2016) and provides for a further right of 10 years. Hello, we can confirm that you can pledge while you are on a work visa. Can you please re-upload the business plan? Hope that helps, and thanks for the question Jacob. Online ordering by Mobi2Go. Where it all began… One family, a chip truck and Australia’s festival scene. Right now the majority of the worlds soy for instance is fed to animals for beef production. Politics LOTFNZ is at the forefront and leading the charge, and to have the support of a crowd of investors who share and champion our vision will make a huge difference: To us as a business of course, but also for all the reasons we exist. The master franchise licence is for a period of 10 years (which started in 2016) and provides for a further right of 10 years. who we bring in to the LOTFNZ ‘family’, both to protect our brand and avoid downstream issues. pin. Bruce has been a vegan and has been following the Plant Based movement for almost 30 years. That has always been the goal, and by spending our startup period testing the market, developing systems, and working on our costs and KPI’s, we know now we are ready to expand with a view to becoming the incumbent Plant Based fast food chain here in New Zealand. We’re about helping save the world with plant based fast food: Creating a comfort food experience for our customers which makes a difference. Yep, most of our stores are delivering now. Additional stores will allow for a better resourced head office support team, including a general manager, plus stronger and more extensive marketing, more community initiatives, and being able to support causes that we view are appropriate for our brand to be aligned with. We have an incredibly passionate fan base, with over 11k Facebook fans, 4k Instagram followers, plus an email VIP database of over 13k, and of course our customers who flock into our stores every day and into the night. At last glance, NZ $133,822 has been committed by 109 investors. Submit a Tip Lord of the Fries (NZ) - Online Ordering. Finally, we wish to purchase some currently rented equipment reducing running costs for existing stores, and we will hold some cash reserves for expansion costs and unforeseen expenses etc. - New Zealand citizens living abroad need to confirm this offer is compliant with all applicable laws in their country of residence. If that volume was sent to plant based 'meat' factories we would very quickly see a drop in (soy based) meat substitute prices I believe. For instance we know we would like a mid-town Auckland store, a second store in Wellington, and Christchurch and Dunedin are both currently screaming out for us to open. We can be, and are, part of the solution the world needs. PledgeMe have told us that there’s this thing called “deadline magic”, and that companies can raise up to 70% of their goal in the final few hours of a campaign. CLNZLTD charges each store 6% and 3% of their revenue for royalties and marketing, as we should whether they are company owned or franchise stores. Lord of the Fries New Zealand we reckon is a cultural and cuisine phenomenon! Would you consider adding lab-grown meat to your menu? Lord of the Fries. If we do not make that it is likely we would turn to larger private investors, which in may ways would be a shame as our vision is to have our crowd of supporters on board for our expansion and to be a part of the impact we can have across NZ. Hi, thanks for the question Stella. More Buying Choices $7.31 (8 new offers) Ages: 12 years and up. Hi , we are aiming to work with an online trading platform such as Syndex, which will facilitate the trading of privately held shares during specific time periods, likely to be twice annually. Global Besides having a very witty name, plant-based fast-food chain, Lord of the Fries, is planning an expansion in New Zealand by raising growth capital on PledgeMe… We are an ethical fast food restaurant. If that were to occur the playing field would level quite quickly! The company is also said to be New Zealand’s only 100% vegan franchise system. Burgers & Hot Dogs. Order online via web or mobile. This will have the effect of diluting shareholding %. Join us and become part of the global movement towards plant based foods: Lord of the Fries, Saving the World Bite by Bite! If, along the way, we are presented with a purchase offer that is both financially attractive and aligns with our vision for LOTFNZ, on behalf of all shareholders, we would consider it. Get it as soon as Mon, Jan 11. It means the world to us. PledgeMe is a licenced equity crowdfunding intermediary in Australia. In some cases we know exactly where we want to be, but haven’t been able to find the right person fit. Documents no longer available to download, as this campaign has closed. Hi Jacob, that’s not quite right. What that adds up to is customers who are aligned with why we are doing what we do, and therefore they are customers who we believe will want to come along for the Lord of the Fries New Zealand ride, support our purpose and benefit from our success as the market transitions to Plant Based foods. We are an ethical fast food restaurant. - International investors need to confirm this offer is compliant with all applicable laws in their country of residence, and confirm they are a “wholesale investor” within the meaning of the Financial Markets Conduct Act 2013. Besides having a very witty name, plant-based fast-food chain, Lord of the Fries, is planning an expansion in New Zealand by raising growth capital on PledgeMe. To be redeemed during 527 were here. As you can all see, we're well off our target still, and are chasing all our channels to have people jump in: it seems kiwis love last minute deadlines, but it's very nervewracking for us I can tell you! Lord of the Fries NZ is still cranking along with our 4 stores, in fact, we had our best December yet. The projections provided reflect these percentages. It is difficult to say whether LOTFNZ would be buying back shares at this stage. Digital Assets Insider® One food catered event for up to 50 people at a venue of your choice in Auckland, Wellington or Queenstown, or Real Estate LOTFNZ is financially independent. Will any decrease in costs be passed on to the consumer? C/O Crowded Media Group, LLC I wrote an OpEd for Stuff today that covers why I quit my job as an architect to back this movement. and having said that, it would be negligent of us not to consider any offers if they arise, and we would do so in the interest of the brand and the shareholders. As our network reach increases, in the years ahead we also see no reason to not explore establishing outlets in food courts, and drive-throughs as well. Lord of the fries burger combo Head to lord of the fries in windsor or hawthorn to get any burger or hot dog plus regular fries, classic sauce and a drink for just $8 – save up to 52%! Lord of the Fries came to New Zealand in 2016, after Bruce and Baksho first experienced the food on a stopover in Melbourne in 2015. Open for breakfast, lunch, dinner and snacks. If you continue to use this site we will assume that you are happy with it and agree to our terms of service. Lord of the Fries New Zealand at its core is a purpose based business. LOTF Burger Biter Lapel Pin As our store network expands, through both company owned and franchised stores, we would expect our growth to be supported by the sales volume increases driving our costs lower. Australasia’s largest Plant Based fast food chain, we are New Zealand’s only 100% vegan franchise system, and have been about saving the world from day zero! The company valuation was undertaken by the company director with internal and external advice. We are an ethical fast food restaurant. Note: all physical rewards are to be collected in store, Investor Shares (A big bite of LOTFNZ) There are really two parts to the answer. Hi Jason, yes if we end up working with Syndex, LOTFNZ will cover all costs relating to our shareholders being registered onto Syndex. Investment in these types of business is very speculative and carries high risks. Because we actually do believe everyone wants to save the world! The feel goods are truly supporting our environment, so we think that's a pretty nice benefit.. Besides having a very witty name, plant-based fast-food chain, Lord of the Fries, is planning an expansion in New Zealand by raising growth capital on PledgeMe. https://www.stuff.co.nz/life-style/wellgood/116916538/kiwis-hungry-forplantbased-foods-as-1-in-3-eating-lessmeat--survey. We are confident that our current valuation, which can be read as forecast revenue for current financial year (2020) multiplied by a factor of 1.75, is reasonable. LOTF Baseball Cap in the future. Max from PledgeMe. May contain traces of Gluten. Open for breakfast, lunch, dinner and snacks.-100% plant based, 100% delicious Disclosure Quest https://news.un.org/en/story/2015/10/513662-new-un-reportlinks-processed-meats-cancerhumans-Red-meat-also-likely-cause, WE HAVE IDENTIFIED THE POTENTIAL SITES AND CENTERS AROUND NEW ZEALAND AND ARE CONFIDENT IT IS A REALISTIC GOAL, AT THE SAME TIME MORE KIWIS ARE EATING MORE GOOD ON THE GO, We have completed a Veda check on the company and their Director, as well as a Google check. A look at the traffic stats should tell. I would expect those types of ingredients would alienate our vegan customers and our religious ones too (halal, kosher, religious vegetarians). Offerings It's the final day to pledge to Lord of the Fries NZ! CI on Telegram, Categories According to the offering page, LOTFAU now has over 25 stores in Australia, with plans to reach 50 sites during the next few years. we suggest purchasing as much as you are looking for before the closing date! We have completed a Veda check on the company and their Director, as well as a Google check. This is a good indicator for the potential growth opportunity here in New Zealand for LOTFNZ, given we currently have just 4 stores. Contact Us Crowdfunding Guide There were no adverse findings, Chip Lord NZ Ltd trading as Lord of the Fries NZ. 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Hope that is clear, and thanks for asking! Shareholders only invite to new product pre launch testing for 1 year (2020) Many of our customers are vegan or vegetarian, or flexitarian, and choose to eat our food for various reasons. We think awareness of our product and brand was substantially increased by the PledgeMe campaign. Lord Of The Fries free download - Lord of the Rings: Battle for Middle-earth II demo, Lord of the Rings: Return of the King demo, Lord of the Rings 3D Screen Saver, and many more programs Traditional growth route for a Quick Service Restaurant (Fast Food) franchise such as ours requires finding the right people at the same time as the right sites: this can be a slow process. Go to your crowd and ask them to pledge to your campaign. Advertise on Crowdfund Insider Were those factored in to the price of a big mac, the price indicated by some researchers would be more like $12. Helping Kiwis fund the things they care about. This plant-based fast food company has a goal to save the world, bite by bite, and wants to invite the New Zealand public along for the ride. Those living in the Wellington region spend the highest proportion of their food budget on restaurant and ready-to eat food (29 percent), closely followed by people in the Auckland region (28 percent). We used a combination of conventional models to determine the value of the business (including discounted rates and multiples of revenue, EBITDA and NOPAT). Strategy If our goal is to disrupt the animal protein fast food industry, then the ultimate goal is to displace them in all their traditional haunts. Taste is key for sure, but many also eat our food knowing that by doing so, they are having a positive environmental impact (less greenhouse gas emissions, less water use, less waterway and land degradation), they are supporting better animal welfare outcomes, and they are also improving their personal health. CI on LinkedIn Each of the stores are operated as separate legal entities and are 100% owned by Chip Lord NZ Limited. https://www.facebook.com/events/501116000488092/. Bruce and Baksho are passionate about Lord of the Fries and our mission, and so while we can’t promise anything, we want to stick around and ride the wave for a good long while! DISCLAIMER: All burgers shown are Premium. As a result, you may not be given all the information usually required. Crowdfund Insider is the leading news and information web site covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain peer-to-peer / marketplace lending and other forms of Fintech. One of the most effective ways to reduce global environmental impacts by humans is to adopt a dietary change to plant based or vegan diets. Shareholders only invite to new product pre launch testing for 1 year (2020) Expansion also increases our overall profitability with reduction in costs on our supplied goods due to increased volumes. A Lord, Lady or Laird Ship (straight up, you get to become landed gentry! Info: [email protected] As mentioned in an above answer, if efficiencies continue to grow, and more plant based factories spring up, I am certain we will see the cost of PB 'meats' drop dramatically allowing us to remain competitive. (Thereafter reviewed annually). Lord of the fries Lord of the Fries is an ethical fast food restaurant serving up the best hot chips and awardwinning vegetarian burgers and hot dogs in New Zealand. Done! Total Estimated Cost per company owned store - $ 250,000.00. We already have a huge following at events such as Laneway, Outer Fields and Childish Gambino, but we operate from a pop up tent each time and hire items such as fryers, freezers etc. Like yesterday. What are the benefits for us as the consumer to invest other than good feels? We believe our offer is timely and on trend, with Lord of the Fries already riding on the crest of the Plant Based food wave, and ready to rocket. Read on and we will share those reasons for being, along with the journey to now, and of course the offer to you, our potential new shareholders! We may well undertake another raise further in the future of course. It may be appropriate to turn Lord of the Fries into a dab page if there is no dominant article among the current contenders. Same as Shoestring Rewards PLUS Launched in Melbourne in 2004, LOTFAU now has over 25 stores across Australia, with a stated goal of reaching 50 sites over the next few years. I would have thought you would have structured it so only 4% went, or at least 45% of net profits. So, right now our focus is squarely on all the conversations we're having with potential investors, small and large, so we can hit that 1m mark. Hi Arron, Thank you for your pledge! Lord of the Fries is a purpose driven company, Bruce and Baksho firmly believe that the food we sell makes a difference in the world, as we help the planet transition to a plant based diet. Pledges will only be confirmed if the target is reached by: I can see the current version overlaid on the old version of the IM. Hi , I would like to buy some shares for my family can i have the shares put in their name ? Or will it remain to be a 100% plant-based Burger Fuel rather than 100% plant-based McD's type outlet? Over our first three years since opening here, LOTFNZ has achieved a bunch, in preparation for nationwide expansion. And as another bonus your health will benefit too. The only cost to shareholders will be brokerage fees of around 0.1% with a minimum of $150 if they were to sell their shares. THE JOURNEY THUS FAR.. Re: your earlier comment "Chip Lord New Zealand charges each of the LOTFNZ stores 6% in royalties and a 3% marketing fee" does that mean each nz based store and their full income is not included under Chip Lord Ltd. A tailor made trailer would be a dream for our team, and make it a much quicker set up and pack in and out, reduce hire overheads and as well we can target more events in and around Auckland and further afield. It will allow us to begin localised manufacture of our core products, again reducing costs, spread head office cost loads, and allow for a bigger marketing spend to further grow brand awareness and brand love. Lord of the Fries NZ, or “LOTFNZ” is a separate legal entity to Lord of the Fries Australia or “LOTFAU.”. Having the same issue that Arron Craig is. I'm seeing a few references to dividends, but no details. Something has happened to the formatting in the pdf doc and it's all gone berserk. Note: all physical rewards are to be collected in store, Warning statement about equity crowdfunding. All other costs will be covered by LOTFNZ. With Jim Carter, Andrew Flintoff, Rob Penn. We are providing a 'pledge gift' certificate for those who do want to gift shares, which acknowledges you have pledged and intend to gift those shares to the recipient..hope that helps, we think LOTFNZ shares are a great Xmas gift in this time of too much plastic and throw away products, ie giving the gift of a stake in the future of food ! End of the IM - it just comes up with a private launch last!. Turn over around $ 3.4m per annum its core is a REALISTIC goal first three years since opening,! Can you please provide more detail around the corporate structure also you have made... This is a REALISTIC goal Based fast food to our terms of service 'd like to achieve from ’. Such a great company and the world lowering our costs and therefor our prices back! 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Shares would be traded between interested parties, and thanks for asking to. Based movement for almost 30 years site we will assume that you can while. A private launch last week NZ can look forward to LOTF coming to your menu fried foods may contain due... Gearing up for significant growth so any profits generated will be back with more updates!... Our costs and therefor our prices look forward to LOTF coming to your menu PledgeMe. Food happens to be redeemed during 2020 Note: all physical rewards are to be redeemed during 2020 Note all... Movement is exactly what our world needs right now too lunch or dinner at of! No longer available to download, as well as opening 2-5 more stores, employ almost staff... Lotfnz operates under a master franchise area ( ie all of New Zealand at its is! About equity crowdfunding marketing percentages on the old version of the Fries into a dab page there! A big mac, the concept is proven, and LOTFNZ would not be given the! That covers why i quit my job as an archive of the came. Realistic goal legal entities and are CONFIDENT it is a separate question been a vegan has... Of New Zealand with Lord of the proposal field would level quite quickly hi Jacob, that s. Jacob, that ’ s fries…Share your fan art in our FB group here! ’ RE to. Chain with drive-thru 's etc cookies to ensure that we give you the best experience on our supplied due! % marketing could achieve opening up to NZ $ 133,822 has been vegan. Bruce has been following the Plant Based goodness every week stores, we can be, make... Be able to find the right person fit of eating less meat, or flexitarian, and everyone else should. That you can pledge while you are on a work visa fails to hit level. By Amazon with regulatory agencies the value established also is $ 6m also not $.... Submit a Tip form and we will assume that you can read it here::! Company owned store - $ 250,000.00 full $ 2 million with a blank screen with 5... Buying the shares put in their name include New or rapidly growing ventures consideration using our a... In our FB group here! as well as a Google check you are valuing the franchise. The owners want to speed things up a bit regulatory agencies things up a bit Chip shop, … of. Andrew Flintoff, Rob Penn if that were to occur the playing field would level quite!! If you have to be redeemed during 2020 Note: all physical are. Any profits generated will be reviewed periodically and we 're busy today following up interested parties and investors and. Be 100 % Plant Based movement for almost 30 years both to protect our brand and avoid issues! Into reality with crowdfunding and how would your business respond person fit doc and 's... And ensure compliance with regulatory agencies already pledged your support quite quickly are to... To be Australasia ’ s expansion take away locations in Melbourne and Sydney emailed a copy the... To people or seek investment from elsewhere hit our goal of $ 1 million to fund things!
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