On Demand Linen Rental

Western Cape, South Africa

Short Summary

Fanute is the only hospitality linen rental service in South Africa - we have 100% market share, are growing at 75% per year and our addressable market is worth over R230m. We will grow 3X this year - with your help!

Highlights

  • The founder has 20+ years experience in managing high growth companies
  • Our two largest customers are forecasting over 100% growth this year alone
  • We have an experienced team in management and operations
  • We have software which will create margin growth without overhead growth
  • We have clear sustainable tourism credentials which will drive growth
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

Overview

Target
R8,000,000
Minimum
R500,000
Investment Raised
N/A
Previous Rounds R2,000,000
Stage Breaking Even
Investor Role Any

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