Speedy Eats offering is now closed and is no longer accepting investments.

Automated Quick-Service Kitchens

INVEST IN SPEEDY EATS TODAY!

Speedy Eats has developed an automated, standalone kitchen to serve high-quality meals for walk-up, drive-thru, and delivery. Our units will allow food service operators to increase their cash flow and profitability while delivering a seamless and convenient customer experience. We believe our innovative food and beverage tech will be the first fully automated drive-thru kitchen designed to be placed in a parking lot, opening up a whole new category of food service opportunities. Speedy Eats is pre-revenue and we have a working prototype in our lab.
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This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
Speedy Eats

REASONS TO INVEST

Reasons Icon

Our product will be perfectly positioned to capitalize on various markets, including the quick service restaurant (QSR) market (valued at $296.55B in 2021); the global food delivery business (worth $126B in 2021), as well as theme parks, airports, train/bus stations, and parking lots, which we believe can add up to a combined market cap of nearly $5.8B.

Reasons Icon

The Speedy Eats automated kitchen will combine quality, convenience, and strong customer experience while minimizing overhead, streamlining operations, and setting up in untapped, high-trafficked areas such as parking lots.

Reasons Icon

Our automated kitchens will be able to integrate with third-party delivery companies and will be able to learn traffic patterns in order to anticipate when and how much food needs to be ready.

Automated Food Service & Delivery for Today's On-the-Go Customers

Speedy Eats automated kitchens offer full meals available 24/7 via walk-up, drive-up, and delivery, offering a unique combination of quality, convenience, and superior customer experience. 


Using advanced technology and smart software, we’re able to anticipate and prioritize customer demands while drastically reducing the labor and overhead costs associated with traditional food service offerings. Our units can operate both indoors and outdoors in high foot traffic areas, as well as capitalize on untapped real estate such as parking lot spaces. Unit operators can choose the menus they’d like to stock, and each unit contains all the necessary equipment to cook and serve whatever the franchisee would like to sell. 



We’re ready to seize the enormous potential to make convenient, high-quality food easily available to communities everywhere.

The Problem


Food Service is Limited by High Overhead Costs and Labor Requirements

The food service industry is a challenging one, known for its high overhead costs, low profit margins, and demanding customer service. Restaurants and kiosks are both highly limited in their location, labor needs, and turnaround times. 


Restaurants have a notoriously low rate of return, combined with high upfront costs, constant employee turnover, wage pressures, and supply chain difficulties—all of which have been exacerbated by the COVID-19 pandemic. Kiosks, on the other hand, are limited by low-quality options, limited income generation, and a lack of smart technology, leaving many of these suppliers way behind the times. All the while, Americans are more time-strapped than ever before, looking for easy, nutritious, convenient meals at affordable prices. 



It’s no surprise that we’re now witnessing a rise in mobile ordering and delivery services, more advanced use of tech and AI, and an increase in cashless transactions. 

The Solution


Automated Kitchens Designed for Convenience

Speedy Eats kitchens combine the powers of prime real estate and automated tech to offer a new and improved food service business model. Units can be placed in a variety of high traffic locations, including parking lots, transport centers, and event venues. 



Each kitchen has a warming system and fridge, and is designed to carry multiple types of entrees served either hot or cold, along with side items and beverages. Food is stored in individual, airtight enclosures and cooked in a convection oven, with expiration dates closely monitored. Our units are able to pre-cook entrees in advance of peak hours, allowing customers to grab their orders extremely quickly while improving sales throughput and maximizing sales potential



Our automated kitchens can integrate with third-party delivery companies through API systems such as Doordash, enabling users to place delivery orders from our locations through third-party apps and opening us up to greater digital traffic. Through our software, each unit is able to learn traffic patterns in order to anticipate when and how much food needs to be ready. By leveraging excess capacity and automating service, our units reduce labor costs and overhead while maximizing margins and paving the way for rapid expansion


Speedy Eats will manufacture and sell the units to operators for around $120K each, while also licensing the software as a monthly SaaS subscription. By our current estimates, we believe that each unit can provide a one-year rate of return for our franchisees.

The Market


Tapping Into Multi-Billion-Dollar Markets

The quick service restaurant (QSR) market was valued at $100B in 2021*, while the food delivery business is worth $94B (source). Speedy Eats is perfectly positioned to capitalize on both, and our units can be placed in strategic locations so that delivery drivers don’t even need to get out of their vehicles.

*Total market value based on internal research when paired with additional statistics (sourcesourcesource)


*Total market value based on internal research when paired with additional statistics (sourcesourcesource)

**(source)


There are also huge opportunities for our automated kitchens at theme parks, airports, train & bus stations, and parking lots, which add up to a combined market cap of nearly $5.8B.* By focusing on quality, convenience, and customer preferences, we’ll be able to succeed in various markets.

*Based on internal research conducted by SpeedEats.


Our current competitors exist in the form of kiosks, vending machines, and brick-and-mortar restaurants. Kiosks and restaurants are designed for indoor, low-traffic use, relying on inefficient operations, high labor costs, rent, and other critical overhead, creating strict limitations in terms of location and operating hours. While vending machines offer convenience, they’re severely limited in quality and choice of options. 



Speedy Eats combines the best of both worlds with our low-maintenance, smart-software model that offers a wide variety of hot and cold menu options. Our units can be installed in small, high-traffic spaces as well as untapped real estate such as empty parking lot spaces and can operate around-the-clock, connecting us with a much larger customer base.

Our Traction


Full-scale Working Prototype Ready for Customer Testing

We’ve successfully built and tested our full-scale working prototype using our initial $500K raise. We recently signed an LOI with the drone delivery companies, Valqari and DroneDek, and have established commercial partnerships with Doordash and Waitr. We’re now in the process of developing a custom software platform in order to leverage data and improve the customer experience. 



We will be building our second-generation unit over the next six to eight months and then moving to test that unit in the field. During this time we will gather customer feedback, including testing of drone delivery capabilities in our lab. From there, we’ll focus on perfecting the design and moving into the manufacturing phase. Our aim is to have 100 units sold and operational by mid-2023.

Why Invest


Seizing the Untapped Potential in Automated Food Tech

We believe in the huge and untapped potential of automated food technology. Starting with our first prototype that was built in a living room, we’ve spent the last six years developing our Speedy Eats kitchens into the best they can be. We’re eager to serve the community with our automated kitchens, and we’ve had the courage and audacity to keep pushing ahead in the face of ongoing obstacles. 


Speedy Eats is proud to have created a truly innovative, high-utility product that will benefit business owners and customers alike across a multitude of uses and applications. We’re now ready to refine, launch, and scale our kitchens to serve communities everywhere.


ABOUT

HEADQUARTERS
7117 Florida Blvd
Baton Rouge, LA 70806
VALUATION
$20.98M

Speedy Eats has developed an automated, standalone kitchen to serve high-quality meals for walk-up, drive-thru, and delivery. Our units will allow food service operators to increase their cash flow and profitability while delivering a seamless and convenient customer experience. We believe our innovative food and beverage tech will be the first fully automated drive-thru kitchen designed to be placed in a parking lot, opening up a whole new category of food service opportunities. Speedy Eats is pre-revenue and we have a working prototype in our lab.

TEAM

Frederic Speed Bancroft
Frederic Speed Bancroft
CEO/Founder/President

Speed has been involved with a number of various startups. With enjoyment in setting difficult goals and working his way to completing those goals, Speed is best known for his bulldog'ish mentality for biting down and never letting go until the project is complete- no matter what. Nothing excites him more than developing a better way to do business. Life is not about material goals for Speed, but in getting enjoyment from pursuing his creativity and going toe to toe with the best- and winning.

Adam Enamorado

Adam Enamorado

Chief Operating Officer

Aggressive and meticulous with operations efficiency and meeting goals with time to spare, Adam has owned and operated several businesses displaying a proven ability to set up a company for rapid growth. 

Sanjay Maharjan

Sanjay Maharjan

Chief Mechanical Engineer

Sanjay Maharjan is the Chief Mechanical Engineer at Speedy-eats. He has been involved in the Manufacturing and Engineering industry for the past eight years, specializing in Product Design, Automation, and Testing. He is experienced in SolidWorks and ANSYS to facilitate design, simulation, fabrication, and product testing. He is also experienced in Programming languages such as Python, C/C++, MATLAB, and ladder logic to programming control boards and PLCs.

Juliana Hernandez

Juliana Hernandez

Chief Financial Officer

Juliana Hernandez was born and raised in Venezuela. She moved to the US when she was 17 and went to Louisiana State University where she obtained her undergrad and grad school degree. After earning her CPA degree and earning years of experience in public accounting and private accounting with some of the most prestigious firms here she opened CPA Accounting Solutions, LLC.

Juliana is an expert in construction accounting. However, Juliana and her team manage a variety of clients in other industries in which she became an indispensable part of the team. She has been outsourced as the CFO of the largest newspaper in the south (The Advocate), one of the largest Substance Abuse Center (The Grove of LA), one of the largest civil construction companies in Louisiana (Five S Construction), among others. Juliana also specializes in taxes and has successfully saved my clients tens of thousands of dollars a year with proper tax planning and tax preparation.

Chef Jay Ducote

Chef Jay Ducote

VP of Product Development

Jay Ducote started his enterprises in the food and beverage world through Bite & Booze, a blog about everything he ate and drank, in 2009. The Bite and Booze Radio Show, produced and hosted by Ducote since 2011 on Talk 107.3 FM, won a Taste Award for best food or drink radio broadcast in the country and the Uniquely Louisiana Award from the Louisiana Association of Broadcasters. Jay created his own Jay D’s product line featuring a Louisiana Barbecue Sauce, Louisiana Molasses Mustard, Spicy & Sweet Barbecue Rub, Jay D's Single Origin Coffee and more. In May 2018 Jay launched his first restaurant concept, Gov't Taco, inside White Star Market in Baton Rouge, which now has its own free-standing location. On the TV front, Jay finished runner-up on Season 11 of the hit reality competition show Food Network Star in 2015, and had a pilot for his show "Deep Fried America" air on the Travel Channel in 2016. In 2019 he won an episode of Beat Bobby Flay after challenging the Iron Chef to a crawfish boil. The Jay Ducote Hospitality Group, which runs all of Jay's businesses, earned a spot on the LSU 100 list as one of the fastest growing companies led by an LSU alumnus three years in a row.

Chris Meaux

Chris Meaux

Director of the Board- Mechanical Engineer

Chris Meaux is an accomplished technical professional with extensive experience in enabling breakthrough performance utilizing comprehensive engineering, sales, and operational leadership across diverse sectors. He obtained a degree in Mechanical Engineering (CAD / CAM Manufacturing) from the University of Louisiana and a MBA (Finance) from Tulane University. Chris is continuously involved with highly technical engineering projects and played an integral part in helping startup Ecorobotics (Industrial Cleaning Robotics) launch from the ground up.

Brian Blanchard

Brian Blanchard

Advisor to the Board- Automation Engineer

Brian is a graduate of Louisiana State University's College of Engineering with degree in electrical engineering. He has experience in industrial control systems and manufacturing automation technologies. Brian has a passion for educating people about science and technology while contributing to complex projects using engineering and problem solvin skills.

Mitch Rotolo

Mitch Rotolo

Director of the Board

Mitch Rotolo has successfully owned and operated Rotolos Pizza Company for over thirty years. Mitch has successfully grown his operation to over 30 locations. 

Sarah Diebold

Sarah Diebold

Director of the Board

Sarah has a background in Mechanical Engineering and currently is a Co-Owner at Arkansas Poly & Printing.

Ozzie Fernandez

Ozzie Fernandez

Director of the Board

Ozzie is the owner of Izzos Illegal Burrito, Lit Pizza, Rocca Pizza, Modesto and Central Kitchen Foods. Ozzie has over 30 years of successfuling owning and growing his restaurant brands.

Luis Garcia

Luis Garcia

Director of the Board

Luis Garcia is a transformational leader in the luxury private aviation industry. His areas of expertise include business and operational development, sales leadership, and customer value realization. He currently serves as Vice President of Sales for Wheels Up, a leading brand in private aviation headquartered in NYC.

He is a graduate of Louisiana Tech University with a degree in Aviation Management and served as a Staff Sergeant in the Louisiana Air National Guard in New Orleans (159th Fighter Squadron). Luis and his family reside in Houston, Texas, enjoying traveling, live music, and hiking.

Ross Ford

Ross Ford

Director of the Board

Ross Ford is an experienced Executive Chef with 20 years in the Culinary industry. He is skilled in Foodservice Operation, Menu Creation, Menu Costing, and Leadership. He is a 2006 graduate of Le Cordon Bleu Culinary School. He is currently working in Sales with a local Baton Rouge based coffee company, River Road Coffees, and lives in Baton Rouge with his wife and 3 children. In his free time he enjoys cooking, dog training, and all the hunting and fishing opportunities South Louisiana has to offer. 

TERMS

Speedy Eats
Overview
PRICE PER SHARE
$2.06
DEADLINE
Nov 29, 2022
VALUATION
$20.98M
AMOUNT RAISED
$336,282.80
Breakdown
MIN INVESTMENT
$249.26
MAX INVESTMENT
$1,069,992.84
MIN NUMBER OF SHARES OFFERED
4,854
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Non-Voting Common Stock
MAX NUMBER OF SHARES OFFERED
519,414

Maximum Number of Shares Offered subject to adjustment for bonus shares


Company

:

Bancroft Automated Restaurant Systems, Inc.

Corporate Address

:

7117 Florida Blvd, Baton Rouge, LA 70806

Offering Minimum

:

$9,999.24

Offering Maximum

:

$1,069,992.84

Minimum Investment Amount

(per investor)

:

$249.26











Terms


Offering Type

:

Equity

Security Name

:

Non-Voting Common Stock

Minimum Number of Shares Offered

:

4,854

Maximum Number of Shares Offered

:

519,414

Price per Share

:

$2.06

Pre-Money Valuation

:

$20,979,787.78











*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

No Voting Rights of Securities Sold in this Offering

Non-Voting Common Stock. Each Subscriber will be issued Non-Voting Common Stock of the Company. Except as otherwise required by law, holders of shares of Non-Voting Common Stock shall have no right to consent to or vote on any matter presented to the stockholders of the Company for their action or consideration (and shall not be included in determining the number of shares voting or entitled to vote on a given matter).

Investment Incentives and Bonuses*

Time-Based

Friends and Family Early Birds

Invest within the first 72 hours and receive 35% bonus shares.

Super Early Bird Bonus

Invest within the first week and receive 25% bonus shares.

Early Bird Bonus

Invest within the first month and receive 15% bonus shares.

Amount-Based

Tier 1 | $500 +

Invest $500+ and receive 1% bonus shares + first 5 meals free. ($75 value)  

Tier 2 | $1,000+

Invest $1000+ and receive 2% bonus shares + first 10 meals free ($150 value)

Tier 3 | $2,500

Invest $2,500+ and receive 3% bonus shares + first 25 meals free ($275 value)

Tier 4 | $5,000

Invest $5,000+ and receive 4% bonus shares + first 50 meals free ($750 value) + personal call from CEO + $2500 off the first unit if the investor decides to become an operator. 

Tier 5 | $10,000+

Invest $10,000+ and receive 5% bonus shares + first 100 meals free ($1500 value), personal video conference call from CEO + $7500 off the first unit if the investor decides to become an operator.

Tier 6 | $20,000+

Invest $20,000+ and receive 7% bonus shares + first 200 meals free ($3000 value) + personal video call with CEO. 

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Bancroft Automated Restaurant Systems, Inc will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Non-Voting Common Stock at $2.06 / share, you will receive 110 shares of Non-Voting Common Stock, meaning you'll own 110 shares for $206. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Salary payments made to one’s self, a friend or relative.

ALL UPDATES

11.07.22

Speedy Eats is Changing the Food Industry

Speedy Eats’s CEO just hosted a webinar, complete with a live demonstration of our automated kitchens. Check out our latest blog to read key highlights of the webinar. 


For those who couldn’t attend, you can watch a recording of the webinar here


Speedy Eats is prepping to introduce a whole new category of food service opportunities. We want to share our future success with our growing community.


We already have 167 investors who’ve joined our community. For as little as a $249.26 initial investment, so can you!


Learn more about investment opportunities by visiting our raise page on StartEngine. Encourage your family, friends, and network to join our investor community!


Warmly,
Frederic “Speed” Bancroft

10.24.22

Speedy Eats - Featured in Yahoo Finance!



Speedy Eats was recently featured on Yahoo Finance in an article titled “The Future of Automated Kitchens Just Surpassed 200 Investors on StartEngine”. We’re getting a lot of responses from interested parties for our campaign!


Speedy Eats built a better kitchen model to increase convenience by enabling our units to be placed in unserved, yet high traffic areas. Our kitchens are open 24/7 and, thanks to smarter technology, can be fully operated by a part time employee - meaning a single operator can run 3+ automated restaurants! 


Our automated kitchens are in prime position to capitalize on both the $296.55B quick service restaurant market and the $126B global food delivery business. This positioning pays off – operators have already ordered 100 of our automated kitchen units! We also have over 530 more promising leads: we’re cooking up big things at Speedy Eats!


Speedy Eats’s advanced technology and smart software allows units to anticipate and prioritize customer demands, while drastically reducing the labor and overhead costs associated with traditional food service offerings. 


These automated units can operate just about anywhere, whether it be in high foot traffic areas or underutilized spots such as parking lot spaces. Operators choose their own unique menu. Each unit contains all the necessary equipment to prep, cook, and serve whatever the franchisee would like to sell.


“You have the potential to place them in under-utilized areas to take economic advantage of a space that isn’t producing any income. Speedy Eats can truly change an area from being empty to being productive.” - Adam Enamorado, Investor 


Solve the problem of labor shortages, unprofitable parking lots, and the serious lack of convenience from current restaurant options by investing in Speedy Eats automated kitchens!


We invite you to share our campaign to your friends, family, and network so they too can become part of this promising investment opportunity.


Warmly,

Frederic “Speed” Bancroft

10.17.22

Speedy Eats: Investor Fireside Chat Recap


Speedy Eats is distinctive because our technology is designed to operate independently, enabling operators to open a thriving restaurant in an empty parking lot. Cold beverages, condiments, and side dishes are available for purchase to complement our high-quality entrees. Our automated kitchens' universal design enables operators to serve pizza, barbecue entrees, wings, and fried chicken.


CEO Frederic "Speed" Bancroft recently hosted a live investor Fireside Chat webinar to demonstrate the efficiency of our first-generation prototype and answer live investor questions. For those who were unable to attend, a recording of the entire webinar is available here. Continue reading to discover the most important webinar highlights!



Speedy Eats kitchens combine prime real estate and automated technology to provide a new and improved food service business model. Units can be placed in parking lots, transportation hubs, and event venues, among other high-traffic areas.


Automated Kitchens Designed for Convenience


Our automated kitchens can integrate with third-party delivery companies via API systems such as Doordash, allowing users to place delivery orders from our locations via third-party apps and allowing us to attract more digital customers. By analyzing traffic patterns, our software enables each unit to anticipate when and how much food must be prepared.


By utilizing excess capacity and automating service, our units minimize labor costs and overhead while maximizing profits and paving the way for rapid expansion.


We invite you to share our campaign with your friends, family, and network so they can become part of this promising investment opportunity.


Warmly,

Frederic “Speed” Bancroft

10.06.22

Leaving Naught but Crumbs for the Competition


Hello Speedy Eats Community!

At Speedy Eats, we believe convenience is second only to providing customizable fresh, high-quality meals. We’ve combined automated technology with overlooked and underutilized prime real estate to create the ultimate drive-thru and delivery experience. 

The quick service restaurant market was valued at $296.55B in 2021 and continues to grow, as more and more people prefer take-out over sitting in a crowded restaurant. The food delivery business is a booming $126B industry – and it’s showing no signs of slowing down!

  

Speedy Eats is perfectly positioned to competitively capitalize on both. By placing our automated kitchen units in strategic locations and seamlessly integrating with third party delivery companies, we combine the best of both worlds. 

  

Currently, our competitors only offer kiosks, vending machines, and more traditional crowded, noisy restaurants. They rely on efficient operations, but struggle with high labor costs, rent, and overhead. 

  

Speedy Eats automated kitchens are low-maintenance, so as to drastically cut back on operational costs. They also use smart-software to predict customer patterns, ensuring a wide variety of hot and cold menu options are quickly available at the push of a button, eliminating excessive food waste.

  

Speedy Eats is ready to revolutionize the food industry by actualizing the full potential of automated food technology. Our goal is to have 100 units sold and operational by 2023

  

Be sure to visit our raise page on StartEngine today to read about even more investor perks. We invite you to share our campaign to your friends, family, and network so they too can become part of this promising investment opportunity. 



Warmly,

Frederic “Speed” Bancroft
CEO/Founder/President
Speedy Eats

10.05.22

Stay Invested in Speedy Eats!


Hello Speedy Eats Community!


Speedy Eats is having a great run. Since the beginning of our campaign, we’ve raised over $336,312 in committed investments from 209 investors! 


As CEO and Founder of Speedy Eats, I want to personally thank each and every one of our early shareholders for their commitment to bringing convenience to the food industry.


Why not keep the momentum going? The growing number of interested parties inspired me to extend my campaign by an additional 60 days, so everyone can seize the opportunity to join our early investor community – and the perks that come along with it. 


This extension is considered a material change to our original Reg CF, and therefore anyone who is not already an official shareholder must reconfirm your investments. Everyone who falls into this category should have received a notification from StartEngine to reconfirm your investment. 


Reconfirm to stay invested in Speedy Eats! If you were unable to do so, simply invest once again in our campaign, and you will remain part of the Speedy Eats community. Please direct any questions or concerns about the status of your investment by reaching out to the StartEngine Investor Services Team at contact@startengine.com


Thank you for being a Speedy Eats investor! We’re looking forward to continuing our journey with you on board. 




Warmly,

Frederic “Speed” Bancroft

CEO/Founder/President

09.30.22

Don’t Miss Out on Speedy Eats’s Fireside Chat


Are you as excited as I am about my upcoming fireside chat? So excited perhaps you forgot to register? Don’t fret! There’s still time to reserve your spot for my exclusive online event.


Join me on Monday, October 3rd, 2022 at 12pm CST/10am PST! I will be sitting down with two of my key investors, Adam Enamorado and Ross Ford. They’re thrilled to give attendees a fresh take from an investor’s inside perspective why Speedy Eats is perfectly positioned to capitalize on various markets.


Do you have questions like:


  • How can you revolutionize the $100B quick service restaurant market? 

  • How will your partnerships add a heaping serving of convenience for both drive-thru and delivery? 

  • How does integrating with third party delivery companies make Speedy Eats’s automated kitchens even easier for customers and clients - while expanding operators' customer reach?

  • How many automated kitchen units have we already sold? (*spoiler alert* – over 100!) 

  • Can operators really turn empty parking lots to profitable spaces and significantly cut the overhead costs associated with soon to be outdated restaurant business models? 

  • How can I ride the wave of the future of automated kitchens as an early shareholder? 


You can register here. We encourage everyone to spread the word to your network about joining this exclusive online event!


Speedy Eats is proud to have created a truly innovative, high-utility product that will benefit business owners and shareholders alike across a multitude of uses and applications. We’re now ready to refine, launch, and scale our kitchens to serve communities everywhere.



Warmly,

Frederic “Speed” Bancroft

CEO/Founder/President



09.27.22

Register for our exclusive Investor Fireside Chat!


Hello Speedy Eats Community! 


There’s only one week left until my live fireside chat! Adam EnamoradoRoss Ford - both key Speedy Eats’ investors - will join me for this exclusive event. 


We believe that the unrealized potential of automated food technology is enormous. Beginning with our first prototype, which was constructed in a living room, we have spent the last six years making our Speedy Eats kitchens as efficient as possible. 


We are eager to serve the community with our automated kitchens, and we've had the fortitude and audacity to persevere in the face of persistent obstacles.


Join us on October 3rd, 2022, for this special event, where we will take a deep dive into everything Speedy Eats.


Have you registered yet? If not, you may register here!



Tune into our exclusive conversation to hear more about our speedy solutions!



Warmly,

Frederic “Speed” Bancroft

CEO/Founder/President

Speedy Eats

09.26.22

Notice of Material Change in Offering

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Speedy Eats offering. Here's an excerpt describing the specifics of the change:


Issuer is extending campaign end date.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

09.23.22

Join Our Investors For a Fireside Chat!


Have you been considering investing? Are you curious why our ever expanding shareholder community jumped at the chance to get in on the ground floor of Speedy Eat’s innovative automation technologies? 


Then you’re in luck! I am hosting an online fireside chat with Speedy Eat’s lead investors, Ross Ford and Adam Enamorado in only 2 short weeks.


Ross has over 15 years in the restaurant business and over 10 years of sales experience. Adam is an entrepreneur and investor with a passion for innovation as well as a knack for identifying cross-industry opportunities. 


They’re thrilled for the opportunity to answer all your questions and explain why they joined our community of over 213 shareholders. 


Join us on Monday, October 3rd, 2022 at 12pm CST/10am PST to hear from our investors themselves what they found so appealing about Speedy Eats’s automated kitchen units. 


You can register here.


We encourage everyone to spread the word to your network about joining this exclusive online event!




Warmly,

Frederic “Speed” Bancroft

09.19.22

What Makes Speedy Eats Different?


Speedy Eats is on a mission to provide a more profitable, easier-to-manage solution to the quick-service food industry. We’re specifically focusing on adding convenience without sacrificing quality for both delivery and take-out. 


Solve the problem of labor shortages and lack of truly convenient restaurant options by investing in Speedy Eats automated kitchens! 


Check out our latest blog to learn more about how Speedy Eats automated kitchens are an innovative solution to traditional food industry challenges. 


We invite you to share our campaign with your friends, family, and network so they too can become part of this promising investment opportunity.


Warmly,

Frederic “Speed” Bancroft










REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into Speedy Eats.

$249.00

StartEngine Owner’s Bonus

This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.

$500.00

Tier 1 | $500+

Invest $500+ and receive 1% bonus shares + first 5 meals free. ($75 value)

$1,000.00

Tier 2 | $1,000+

Invest $1000+ and receive 2% bonus shares + first 10 meals free ($150 value).

$2,500.00

Tier 3 | $2,500+

Invest $2,500+ and receive 3% bonus shares + first 25 meals free ($275 value).

$5,000.00

Tier 4 | $5,000+

Invest $5,000+ and receive 4% bonus shares + first 50 meals free ($750 value) + personal call from CEO + $2500 off the first unit if the investor decides to become an operator.

$10,000.00

Tier 5 | $10,000+

Invest $10,000+ and receive 5% bonus shares + first 100 meals free ($1500 value), personal video conference call from CEO + $7500 off the first unit if investor decides to become an operator.

$20,000.00

Tier 6 | $20,000+

Invest $20,000+ and receive 7% bonus shares + first 200 meals free ($3000 value) + personal video call with CEO.

JOIN THE DISCUSSION













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HOW INVESTING WORKS

Cancel anytime before 48 hours before a rolling close or the offering end date.

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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.

With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.

At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.

Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.

StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.

For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.

For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.

Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.

Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.

Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.

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Important Message

IN MAKING AN INVESTMENT DECISION, INVESTORS MUST RELY ON THEIR OWN EXAMINATION OF THE ISSUER AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS INVOLVED. INVESTMENTS ON STARTENGINE ARE SPECULATIVE, ILLIQUID, AND INVOLVE A HIGH DEGREE OF RISK, INCLUDING THE POSSIBLE LOSS OF YOUR ENTIRE INVESTMENT.


www.StartEngine.com is a website owned and operated by StartEngine Crowdfunding, Inc. (“StartEngine”), which is neither a registered broker-dealer, investment advisor nor funding portal.


Unless indicated otherwise with respect to a particular issuer, all securities-related activity is conducted by regulated affiliates of StartEngine: StartEngine Capital, LLC, a funding portal registered here with the US Securities and Exchange Commission (SEC) and here as a member of the Financial Industry Regulatory Authority (FINRA), or StartEngine Primary, LLC, a broker-dealer registered with the SEC and FINRA/SIPC . You can review the background of our broker-dealer and our investment professionals on FINRA’s BrokerCheck here. StartEngine Secondary is an alternative trading system regulated by the SEC and operated by StartEngine Primary, LLC, a broker dealer registered with the SEC and FINRA. StartEngine Primary, LLC is a member of SIPC and explanatory brochures are available upon request by contacting SIPC at (202) 371-8300.


Investment opportunities posted and accessible through the site are of three types:


1) Regulation A offerings (JOBS Act Title IV; known as Regulation A+), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Primary, LLC (unless otherwise indicated). 2) Regulation D offerings (Rule 506(c)), which are offered only to accredited investors. These offerings are made through StartEngine Primary, LLC. 3) Regulation Crowdfunding offerings (JOBS Act Title III), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Capital, LLC. Some of these offerings are open to the general public, however there are important differences and risks.


Any securities offered on this website have not been recommended or approved by any federal or state securities commission or regulatory authority. StartEngine and its affiliates do not provide any investment advice or recommendation and do not provide any legal or tax advice with respect to any securities. All securities listed on this site are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. StartEngine does not verify the adequacy, accuracy or completeness of any information. Neither StartEngine nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy, or completeness of any information on this site or the use of information on this site. See additional general disclosures here.


By accessing this site and any pages on this site, you agree to be bound by our Terms of use and Privacy Policy, as may be amended from time to time without notice or liability.


Canadian Investors Investment opportunities posted and accessible through the site will not be offered to Canadian resident investors. Potential investors are strongly advised to consult their legal, tax and financial advisors before investing. The securities offered on this site are not offered in jurisdictions where public solicitation for offerings is not permitted; it is solely your responsibility to comply with the laws and regulations of your country of residence.


California Investors Only – Do Not Sell My Personal Information (800-317-2200). StartEngine does not sell personal information. For all customer inquiries, please write to contact@startengine.com.


StartEngine’s Reg A+ offering is made available through StartEngine Crowdfunding, Inc. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view StartEngine’s offering circular and risk associated with this offering.