It's most likely you heard of the term ghost kitchen or virtual kitchen. It's the business model where an entrepreneur - the business operator, building space owner, land or real estate investor, would build out a physical location with anywhere from 5 to 10 kitchen spaces sometimes even more. These innovative kitchen locations operate without a physical dining space and focus solely on preparing meals for Delivery Only. Thus the term "Ghost Kitchen," because of their delivery only status, you could have a residential property or a business right next to the building having the kitchen operations and not even know it is there. Depending on the layout, the physical location and demographics, sometimes "takeout" may be offered as well.

OVERALL BENEFITS

This can be a dream come true for restauranteers, mobile food vendors and others in the food space to expand their current operations or begin a new one. This reduces the investment of leasing and/or building any type of a physical location such as a restaurant, eatery, commissary etc. The entrepreneur business operator will take on all of that as part of their role. The food operator gets to focus on what they do best - creating their culinary delights and the freedom to expand on their menu options or experiment with different food concepts.

Having their own commercial kitchen and workspace gives the Foodie a great opportunity to try out new concepts, experiment with different cuisines and tasting explorations as well as different menu ideas that will help their business grow. On the financial side, their monthly lease financial side, their monthly lease is far less of what might be expected for a restaurant, eatery or other similar location. Many restaurant owners struggle just to keep the business afloat with expenses, supplies, staffing, high leases, utilities, and everything else. They can pay upwards of $50,000 a month or a lot more just to keep the doors open. Keep in mind this does not include any form of promotions, marketing, delivery cost etc etc.

EXPENSES OR NOT?

Participating in a ghost kitchen can whittle down all of those monthly expenses to a fraction of the cost. Supplying some equipment, utilities, permitting, staffing and of course the cost of goods of the supplies and ingredients would be your only real expenses.

POPULAR WORLDWIDE BUSINESS

This type of operation offers convenience and efficiency and is extremely attractive to the professional food operator. Their overall investment is far less to participate in what this business model has to offer. Virtual Kitchens have quickly gained popularity among both restaurateurs and consumers alike over the last 5 years and especially in 2023.

Worldwide, this business model is expected to approach the trillion-dollar mark over the next few years, at least by 2030, this is what futurists are predicting. The United States has become one of the most popular locations in the world for Virtual Kitchen Operations, just behind China and India, primarily due to their mere size and population.

WHY VIRTUAL VILLAGE?

No one can argue that being part of a ghost kitchen is the best entryway as an operator into a Foodie's dream come true business opportunity. What if I told you there was another business model that was even better than this? A much smaller spend for the initial startup to the entrepreneur, and even a greater opportunity with almost no capital investment for the mobile food operator. In fact if you already have a Mobile Food Vendor (MFV) business, or a catering company you can participate, all in, for a lot less than anything else currently available.

What is the most exciting part of all this? Both the entrepreneur and the food operators can be very successful and have an return on investment (ROI) of anywhere from several months to a year at the most. It is the Foodie Ventures™ company's Virtual Village™ model and is proving to be a much more profitable opportunity in this entire space.

VIRTUAL VILLAGE MAGIC

The secret sauce in this business model is the ability to combine potentially numerous menus with similar ingredients. This on its own is not a brand new way of thinking. Combining the fulfillment of multiple menus at one location has been experimented over the last decade.

What we offer is not a brand new way of thinking. Combining the fulfillment of multiple menus at one location has been experimented over the last decade. What we offer is the opportunity to combine this with mobile food operations, customized ordering apps, managed like a ghost kitchen with a number of unique features and elements to help in the efficiency and overall management process of this type of unique business model. In a nutshell this is what we have to offer:

Multiple Concepts, or a Virtual Village Multiple Concept™ allows small to medium size food vendors to offer a variety of cuisines based on multiple menus per location per operator. Additionally, due to the use of similar or the same ingredients for the multiple concepts model, there is a lot less attrition in the food operator's business. From the consumer standpoint, what they experience are more food choices available in their area on a consistent basismakes for a popular solution in any given market. This is great for business and keeps the customers coming back for more.

This opportunity would be offered in a virtual village environment to remove most of the typical startup investments, by reducing development and construction cost, staffing and keeping the timeline to a minimum to bring the business to fruition more quickly in the process. Managing the facility in the standard operating procedure of a typical restaurant limits the revenue from a standard walk-in customer or

the occasional takeout. Whereas the operations of this type of a business with the virtual village business model increases the profitability factor tenfold. Not just because of the multiple revenue models, but also because the management operations and investment is far less. This is what makes the virtual village model much more attractive overall.

Get in on this hot trend for food service. Whether you are a cook or professional chef, a restauranteur, a chain operator, delivery driver, caterer or concessionaire, solo investor, an investment group or an actual venue or facility, we can turn your food desert into a sweet dessert for your community. Everyone wins - the investor the food operator and the community.

UNIQUE LOCAL

OPPORTUNITY

What Event City and Foodie Ventures offers is a patent pending solution much more exciting to the operator for the right location and a much smaller investment. The possibilities of expanding your food concept business from one menu to a multi-concept brand without a major investment of building your own restaurant and location.

UNBELIEVEABLE ROI

- WHEN DO WE START?

Keep in mind, the greatest takeaway from all of this is simple. Regardless if this is a new construction, a reconstruction or an existing location, our Virtual Village model including any overall investment, is far less costly and will take a lot less time to bring your business location to market. Whether we manage it as a traditional food court, or that of the implementation of a ghost kitchen business model, we center it around a family friendly center park or an entertainment venue the ROI is potentially phenomenal. No other businesses in the food space will have this type of potential anywhere in the US.