Loading...
Loading...
Investing is risky. You might not know what you'll earn, it could be hard to sell, you might own less, unexpected things can happen, and you could lose all your money.
VendPays
VendPays, via their product vBarista, compresses premium cafe outlets into a 5-sqft. space, serving the finest of Italian bean-to-cup coffee and quality hot beverages round the clock. Within 12 months, they have deployed vBarista vending machines to 22 locations as well as secured a partnership with Caltex. VendPays is raising funds to expand their business and rapidly increase their fleet of machines across Malaysia.
VendPays, via their product vBarista, compresses premium cafe outlets into a 5-sqft. space, serving the finest of Italian bean-to-cup coffee and quality hot beverages round the clock. Within 12 months, they have deployed vBarista vending machines to 22 locations as well as secured a partnership with Caltex. VendPays is raising funds to expand their business and rapidly increase their fleet of machines across Malaysia.
Business Information
Registered Name
VENDPAYS SDN BHD
Registration No.
201601010795 (1181725-M)
Business Address
36, Jalan 14/22, Seksyen 14, 46100 Petaling Jaya, Selangor
MIN INVESTMENT
RM 288
MIN TARGET
RM 400,000
MAX TARGET
RM 2,900,000
SHARE TYPE
Ordinary Shares
SHARE PRICE
RM 28.80
VALUATION
RM 14,400,000
VendPays, via vBarista, compresses premium cafe outlets into a 5-sqft. space, serving the finest choice of Italian bean-to-cup coffee and quality hot beverages round the clock. Our coffee is competitively priced at RM5 per cup! We can do this by eliminating the need for staff, high rental and complicated set-up costs. vBarista is your choice for Cafe without Hassle!
Enter VendPays - we are a startup aiming to deliver high-quality coffee and hot beverages at an incredibly competitive price. Our end-to-end solution enables a hassle-free approach to investing in the booming cafe industry. From machine sourcing to beans, drink ingredients, recipe, set up, maintenance, logistics, warehousing, monitoring and keeping track of sales and stock.
The coffee beans we use are an award-winning blend by Caffe Vergnano 1882, Italy's oldest family-owned coffee roasters.
Phase 1: Drinks Sales
In Phase 1, our revenue will come through a RM 4.90 per cup sold. We will further optimise to lower the cost of goods sold and improve efficiency. Marketing spending will also increase as we achieve economies of scale.
Phase 2: Drink Sales & Marketing Collaboration
Once we have deployed 500 more vBaristas, we will move onto Phase 2, where our monetising scheme will include marketing collaborations, e.g. cups advertising and digital wraps promotion. We will also reroll out our cashless QR to enable good engagement with our consumers and instant CRM.
Phase 3: Drink Sales, Market Collaborations, Big Data Play and Licensing/Franchising
When we attain 1 million users or 1,000 vBaristas, we will embark on understanding our consumers and assist them by suggesting complementary products and services, to further derive value and engage with our valued consumers. We will then be looking beyond Malaysia and Singapore to offer franchises to expand vBarista.
Asian markets currently make up the majority of the world’s fastest-growing coffee markets. The boom in Asia’s coffee market has been driven by a surge in the innovation of coffee products. We intend to tap into the high-end bean-to-cup coffee segments driven by the millennial.
By end of Year 1, we target to yield an average of 500 cups per machine per month, targeting a total of 85,000 cups per month, or RM330,000 sales per month. We aim to achieve profitability by Q3 of 2018, with a combined revenue of RM74 million in next 3 years.
SHORT TERM
MEDIUM TERM
LONG TERM
The fund allocation breakdown details are as follows:
vBarista Hardware 75%
Import the vBarista machine from Italy and add value and solution to the local needs
Marketing 15%
Engage consumers via key opinion leaders, social media and contests.
Operations 10%
Day-to-day business operations for machine maintenance, upkeep & revenue generation.
Co-Founder & CEO
Co-Founder & COO
Chief Financial Officer
Chief Marketing Officer
Vendpays Sdn Bhd, a private limited company incorporated in Malaysia
VendPays, via their product vBarista, compresses premium cafe outlets into a 5-sqft. space, serving the finest of Italian bean-to-cup coffee and quality hot beverages round the clock. Within 12 months, they have deployed vBarista vending machines to 22 locations as well as secured a partnership with Caltex
Ordinary Shares
138 days
The Issuer intends to raise up to RM 2,900,000 in this fundraising exercise.
RM 400,000
RM 2,900,000
RM 28.8 per share
13,889 shares
100,695 shares
RM 288
Retail, Angel, Sophisticated, and/or Institutional Investors, subject to the applicable investment limits prescribed under the Securities Commission’s Guidelines on Recognised Markets.
75% of the funds raised will be used for to purchase Machinery & Hardware, 15% for Sales & Marketing, and 10% for Operations. The funds will be transferred to the Issuer by the end of the Closing Date.
14 working days after the end of the Fundraising Period.
An Investment Agreement to subscribe ordinary shares and subject to review if required or necessary, the procedure may be amended by the Issuer and the ECF Platform.
The information, calculations and remarks expressed on this term sheet or on any other part of the platform are based on information provided, disclosed and presented by VendPays Sdn Bhd to Ata Plus Sdn Bhd, either in part or in whole. Ata Plus disclaims responsibility for the accuracy, completeness and/or validity of these information, and hence will not be held liable for any inaccurate, inappropriate or incomplete information presented on this term sheet or on any other part of the platform subject to the following :
The financial information listed on the deal page is provided by the Issuer; which includes the financial forecasts and projections, the capitalization table, the term sheet, and management accounts.
The financial forecasts and projections have been prepared by the issuer based on assumptions that have not been reviewed and certified by an independent certified accountant for its reasonableness.
THE ISSUER agrees that; all information concerning the product, business and the assets of THE ISSUER that have been furnished to Ata Plus Sdn Bhd for the purpose of the equity crowdfunding campaign is true, complete, and accurate in all material respect and is not misleading or deceptive whether by inclusion or omission.
Should the Investor require more information, they can do so by contacting Sea-To-Table Sdn Bhd directly at fisherman@fishclub.com.my.
(i) No shares will be alotted or issued based on this document after six months from the closing of the offer period
(ii) This issue, offer or invitation for the offering is a proposal not requiring authorisation of the Securities Commission under section 212(8) of the CMSA 2007
(iii) This document has not been reviewed by the Securities Commission Malaysia. The Securities Commission does not recommend nor assumes responsibility for any information including any statement, opinion or report disclosed in relation to this fund raising exercise and makes no representation as to its accuracy or completeness. The Securities Commission expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the information disclosed.
Investment Amount: RM2,880 or 100 Shares
Reward(s)
Investment Amount: RM4,896 or 170 Shares
Reward(s)
Investment Amount: RM10,080 or 350 Shares
Reward(s)
Investment Amount: RM28,800 or 1,000 Shares
Reward(s)
Investment Amount: RM69,120 or 2,400 Shares
Reward(s)
Tier 5 investors will be entitled to a Specially organised Caffe Vergnano Bean Factory Tour & Evoca Trip for 1 pax twinshare to Italy (Milan, Bergamo and Turin) 7D/5N expected to cost additionally approximately RM6,000 as an optional opt in entitlem
VendPays Sdn Bhd Audited Financial Statements 2017
VendPays Sdn Bhd Audited Financial Statements 2017
VendPays Sdn Bhd Pitch Deck
VendPays Sdn Bhd Pitch Deck
Sign in to access company documents and detailed information
Don't have an account? Register here
View our detailed presentation slides
First Course of Action
After the successful fundraising through the ATAPlus platform on 10th December 2018, we took new orders of 21 more vBarista machines. These machines doubling up of our capacity and will enable us to improve our annual revenue from RM117,000 (2018) to over RM400,000 (2019).
We received these new machines early March 2019. We aim to fully deploy all 44 Machines (23 existing + 21 new) by mid May 2019.
This is happening while we continue to relocate poorer performing vBarista Machines to ensure better yield per unit.
Business Update
Despite poor retail sentiment, we are fortunate to be on low opex model, whereby majority of our sites are rental and electricity free basis. Thus minimising our overheads.
We foresee an improve retail sentiments and coupled with more units deployed and marketing activities would move us to better operational profitability.
We intend before the end of 2019 to attain 40 more vBarista machines through direct acquisition or lease.
Going Forward
We are continuous looking at better cups per machine per month yield. This being the priority, we constantly seek partners in attaining this objective.
We are realising our investment into a new start up with Amy Search, via BaristAmy Sdn Bhd. We will have 20% equity in the new venture, leveraging on his rock star popularity and 3in1 coffee venture. Tapping into GLC or GLA would be simpler via this venture.
Should it be successful, it would also enable vBarista to start venturing to ASEAN market like Indonesia, Philippines, and Vietnam.
We will be participating in Malaysia International Retail & Franchise Expo in KLCC from 18 to 20th July, do visit us there and see our progress.
Should you find other collaboration potentials do connect me at raymond@vendpays.com or +60163331511.
Till next update, thank you.
RM 452,912
of RM 400,000
Min Target
RM 400,000
Max Target
RM 2,900,000
Business Information
Registered Name
VENDPAYS SDN BHD
Registration No.
201601010795 (1181725-M)
Business Address
36, Jalan 14/22, Seksyen 14, 46100 Petaling Jaya, Selangor
Investing in equity crowdfunding involves certain risks that include uncertainty of returns, lack of liquidity, dilution, material events and lack of control. Investments should be done as part of a diversified portfolio. ATA PLUS offers investment opportunities to investors who understands these risks in making their own investment decisions.
PLEASE READ THE FULL RISK WARNING BEFORE DECIDING TO INVEST.
This page is approved as a financial promotion by ATA PLUS Sdn. Bhd., which is authorized and regulated by the Security Commission of Malaysia. Deals that are up for investment are only offered to members of ata-plus.com on the basis of information provided by the companies concerned. ATA PLUS takes no responsibility for this information or for any recommendations or opinions made by the companies. For further information on this, please read our Term of Use.
RM 452,912
of RM 400,000
Min Target
RM 400,000
Max Target
RM 2,900,000
Min Investment
RM 288