Disrupting the tyre retailing market as one of Australia's largest and longest operating end-to-end mobile tyre service

Upcoming Road Runner Mobile Tyres Pty Ltd

Investment Highlights

  • Disrupting the tyre retailing market by providing a complete end-to-end mobile tyre service for corporate, fleet management and retail clients direct to their door or workplace
  • Supply of new tyres, fitting and balancing,, wheel alignments and emergency tyre repairs
  • Generated over $2 million in revenue in 2020 with contracts in place with major corporate and fleet management clients including Orix, Smart Fleet, Fleet Partners, SG Fleet, Fleet Plus, Cerebral Palsy Alliance, Tyroola
  • Operating in a $5.6 billion market growing at 2.7% per annum
  • Over the last 6 months, they have proven that a “hub and spoke” model, having a tyre store with a mechanical workshop in a metropolitan area to operate as its base “hub” and then have their mobile vans “spoke” servicing customers all across the metropolitan suburbs will drive growth and increase profitability.
  • The company is now expected to achieve over $3 million in the next 12 months
  • Raising up to $2 million to power the growth of the business as they expand throughout Australia via a “hub and spoke” model

Problem

Traditionally, replacing the tyres on cars for companies and car owners hasn’t been easy. It has typically required companies and car owners to set aside half their day getting the car to the tyre shop, waiting for the tyres to be replaced and then driving back to their workplace or home.

In the past, replacing tyres has been:

  • Time consuming
  • Costly
  • Inconvenient
  • Confusing

In addition, many modern cars don’t have a spare tyre or are fitted with run-flat tyres which can’t be repaired when its flat.  Roadside assistance companies such as NRMA, RACV and RACQ can’t provide a mobile tyre repair or new tyre replacement service.

As we are all becoming time poor, the only time we can get tyres changed is on the weekend. There are currently no national mobile tyre retailers in Australia replicating a proven successful business model, “hub and spoke”, with only a few independent operators that have failed to achieve scale.

Road Runner Mobile Tyres

Road Runner Mobile Tyres is changing the way people change their tyres.

They reduce the time and hassle of changing tyres for companies and car owners by providing a door to door service.

Road Runner Mobile Tyres is one of Australia’s largest and longest operating mobile tyre service providing full end-to-end tyre related service from the supply of new tyres, fitting and balancing,  and wheel alignment. In addition, it provides a mobile puncture tyre repair service - a growing market due to more new cars now being sold without a spare tyre.

Operating 7 days a week, Road Runner Mobile Tyres is able to not only compete with existing tyre retailers but also target a gap in the market allowing providing extended hours for consumers.

Market Opportunity

The tyre retailing market in Australia is currently worth $5.6 billion, growing at a rate of 2.7% per annum. The top 5 retailers account for approximately 52% of the tyre retailing market.

Road Runner Mobile Tyres is disrupting this market by providing a complete end-to-end service for corporate, fleet management and retail clients direct to their door or workplace.

Road Runner Mobile Tyres has serviced over 40,000 jobs to date, operating 7 vans, 7 days a week across the Sydney, Melbourne and Brisbane greater metropolitan areas.

Generating $3 million per annum with their “hub and spoke” model, they have established contracts with numerous well-known companies across corporate and fleet management:

  • SG Fleet
  • Orix
  • Smart Fleet
  • Custom Fleet
  • Fleet Plus
  • Fleet Partners
  • Tyroola
  • Car Next Door
  • Telstra
  • Cerebral Palsy Alliance

The Offer

Road Runner Mobile Tyres is looking to raise up to $2m to power the growth of their business as they expand into a “hub and spoke” model, a proven successful business model overseas, setting up a tyre store with a mechanical workshop as its operating base in major cities whilst having multiple vans on the ground to repair and replace tyres door to door.

To further customer acquisition and the growth of the business, they will be offering a tiered investor rewards program in conjunction with the offer. Eligible investors will receive discounts on tyres and call outs, transferrable to family and friends.

Register your interest to be the first to know when their offer is live!

Discover investment opportunities here.

 

Equity Crowdfunding 13 days left

Road Runner Mobile Tyres Pty Ltd

Road Runner Mobile Tyres Pty Ltd
Disrupting the tyre retailing market as one of Australia’s largest and longest operating end-to-end mobile tyre services

 

Road Runner Mobile Tyres is one of Australia’s largest and longest operating end-to end mobile tyre services providing supply, fit, new tyres, wheel alignment and emergency tyre repairs. Operating in the major metropolitan markets of Sydney, Melbourne and Brisbane, they have successfully developed an operating system and customer focus that creates and maintains long term customer relationships.

 

Traditional tyre services require consumers to set aside much of their day driving to and waiting at the tyre service shop. Road Runner Mobile Tyres reduces the time and hassle of changing tyres for companies and car owners by providing a door to door service. Generating $2 million in revenue per annum and operating in a $5.6 billion market, Road Runner Mobile Tyres is changing the way people change their tyres.

 

Before investing please consider the offer document and the general risk warning.

Equity Crowdfunding Closing today

goPassport Australia Pty Ltd

goPassport Australia Pty Ltd
Digital health passport technology with potential to manage international travel with vaccine announcements by Pfizer and Moderna 

 

COVID-19 has caused a dramatic stop to international travel. QANTAS CEO Alan Joyce confirmed this week that proof that you've been vaccinated for COVID-19 will be compulsory for international air travel onboard his aircraft.

 

goPassport has created a digital health passport that provides an end-to-end COVID-19 compliance system for safe international travel. 

 

Before investing please consider the offer document and the general risk warning.

Min. reached - targeting $2 million

246%

$860,844

Raised

5.8-26%

Equity

561

Investors
Equity Crowdfunding 11 days left

Cannatrek Ltd

Cannatrek Ltd
Medicinal cannabis leader in rapid growth mode, controlling the product lifecycle - "from seed to patient"

 

Register here for a LIVE VIRTUAL TOUR of cannabis growing facility on Tues 8 Dec at 1:00pm (AEDT)

 

Cannatrek Limited is a leading Australian medicinal cannabis company, developing production, manufacturing and digital healthcare distribution assets across Australia and globally.  The Company has a full suite of medicinal cannabis licences, providing complete control of the entire supply-chain and product lifecycle – "from seed to patient".

 

With an operational 3,200m2 growing facility in Queensland, yielding market ready product in commercial quantities, Cannatrek is also rolling out a digital healthcare platform for patients and healthcare professionals to serve the rapidly growing Australian medicinal cannabis market.

 

Before investing please consider the offer document and the general risk warning.

Min. reached - targeting $2.5 million

375%

$1,873,082

Raised

1 - 4%

Equity

516

Investors
IPO Live

Medallion Metals Ltd

Medallion Metals Ltd
Australian gold exploration and development company targeting 80,000 p.a. ounce production

 

Medallion Metals Ltd (ASX: MM8) is a resources exploration and development company looking to build a long life, high margin gold business in Australia with the initial focus on advancing the Ravensthorpe Gold Project located in the Goldfields-Esperance region of Western Australia.

 

With JORC compliant estimates of approximately 674,000 ounces of gold, the Company is focused on advancement of near mine exploration targets and updating the feasibility study completed in May 2020. The intention is to advance to final investment decision, and ultimately production targeting 80,000 ounces per annum. 

 

Medallion also owns the nearby Jerdacuttup Project, which is prospective for base and precious metals, and contains JORC Code compliant Mineral Resources estimates.

$0.40Price
Up to $20 millionSize of Offer
19 Nov 20Offer Open
07 Dec 20Pay By
SPP Harvester Live

SPP Harvester

SPP Harvester
Harvesting the discount from Share Purchase Plans

 

The COVID-19 pandemic has caused a wave of discounted capital raisings with ~$56 billion of discounted new shares issued this year.

 

Share Purchase Plans (SPPs) allow individual shareholders to apply for up to $30,000 in shares at the same discounted price paid by institutions.  In the 6 months to 30 June, in-the-money SPPs were issued at an average 11% discount to the ASX closing price on the SPP closing date. But, you must be a shareholder before the SPP is announced.

 

SPP HarvesterTM gives you access to SPPs by buying you 1-share in 300 of the largest, liquid, operating companies listed on ASX.  It will identify and apply for in-the-money SPPs and automatically sell the new securities, efficiently recycling your capital into the next SPP. This automatically harvests the discount for SPPs, with minimum capital outlay, low establishment costs and minimal administration. 

$1.00Price
UnlimitedSize of Offer
27 Nov 20Offer Open
11 Dec 20Pay By
Dual Listing Live

TruScreen Group Ltd ASX: TRU

TruScreen Group Ltd
Patented cervical cancer detection system, providing an accurate, real-time screening solution

 

The company has advised that they have reached the minimum subscription.

 

TruScreen Group Limited (ASX: TRU) manufactures and owns all rights to the patented TruScreen Cervical Cancer Screening System. The system uses an AI supported process to detect  pre-cancerous and cancerous tissue in real time and is at the forefront of the development of objective opto-electric tissue differentiation. The TruScreen solution aims to  improve the wellbeing of women and is ideal for communities that can’t access conventional laboratory dependant screening methods. 

 

The Company’s has distribution agreements in 23 countries with its products sold to China, Vietnam, Russia, Zimbabwe, Mexico, India, and Saudi Arabia. The Company is planning to establish a manufacturing plant in China as this currently accounts for over 50% of sales.  

$0.065Price
~$1.85m (NZ$2m)Size of Offer
26 Nov 20Offer Open
17 Dec 20Pay By