co-founder @decipad | Helping founders & teams explain their businesses with data | investor at groundcontrol.ventures
Someone just built a $5.6M a year business on Decipad 🤯 With $3M in EBITDA (around 55% margins). It's a restaurant that hosts table games competitions. It only has 10 tables with 9 players per table. It's open 7 days per week and runs 7 events per week. The craziest thing is that they've modeled everything: - Revenue for the restaurants and competitions. - Costs of goods sold (includes food and beverages). - Rent depending on the location size and lease cost. - Staff salaries (12 dealers, 1 director, 1 manager and 8 cooks). - Customer acquisition costs (with 2 sales reps). - Maintenance costs with equipment. The total Capex for getting it up and running is of $1.5M, which means they would double the investment in the first 12 months. I'm a total business nerd and I love this stuff. If you'd like to use Decipad to do your own business reporting/modeling, DM me and I'll show you how it works.
The only thing that can go wrong is... What usually goes wrong, the human factor
Lovely story.
Chief of Staff / Business & Technology Leader | AI, IoT & Data Strategy | AI Ethics, Leadership, & Technology | Business and Executive Mentor
1moOh, this is cool. I like it. I like it a lot.