Ghost kitchens are stripped down commercial cooking spaces with no dine in option. Functioning as hubs for online delivery and catering orders, they circumvent the need for costly build outs in premium locations.
The food delivery market is worth over $35 billion per year in the US, and that figure keeps growing. Food delivery is set to become a $75.9 billion business by 2022, according to a recent Cowen & Co. report. The vast majority of food delivery currently takes place in traditional brick and mortar restaurants, but these locations are not optimized for delivery.
The company is actively seeking ghost kitchen opportunities in Las Vegas and Los Angeles.
We are developing a network of chefs that prepare infused meals in private settings. From cannabis pairing dinners and infused fine dining experiences to CBD mocktails and brand education, our chefs can offer an array of selections and choices.
Cordia presently offers dinners in Las Vegas and Los Angeles. We can host intimate dinner parties for 10 of your best friends or large corporate events. We offer infused and non infused menus.
We are an ingredient-forward concept that only wants to bring in and serve food that is as high quality as it can be. Being environmentally friendly is one of our very top priorities, and the way we source and prepare our food is an example.
Our catering services serve as a test kitchen for restaurant and bar items.
RESTAURANT INVESTMENT AND ACQUISITIONS
The Company is actively looking for acquisitions in fast casual restaurants in Nevada, California, Colorado, Washington and Oregon.
We are looking for situations where we see something, or we are able to add value in a way that our competitors don't. We feel an obligation to go out there and find special situations where we can intervene to drive change.
CORDIA CORPORATION'S CRYPTOCURRENCY SIDE!
Nightclubs, A-List celebrities, UFC fights and more! Peter Klamka has created an elite membership group utilizing cryptocurrency to bring memorable events like these to its members! #business #startups #entrepreneur #multifamilyrealestate
Click the link and LISTEN to the podcast!
Peter spent 20+ years in traditional finance in New York City. He worked in investment banking, private equity, small hedge funds, making early-stage investments, convertible debt investments and bolter investing. More Coin is a utility token based on Ethereum technology that is used at More locations around the world. The first More club is in Las Vegas inside of Hyde at the Bellagio. Owners of 5000 More tokens are considered members. They are given access to More clubs as well as preferential pricing on More services such as bottle service, exotic car rentals, and premium events.
Peter heard about Bitcoin in 2013 when 2 students came into his office wanting to acquire seed-stage money. He wasn’t interested in cryptocurrency at the time.
By 2016, he felt burned out in Manhattan and decided to move to Las Vegas and try this “Bitcoin thing.”
Peter created More Coin as a way to use cryptocurrency as a reward point system.
To become a member, applicants needed to have 6000 coins ( ~$300 as of now). In the membership club they can get luxurious Las Vegas experiences and better deals in night clubs, parties, on car rentals or dinners.
Peter had a good connection with bars, helping them fill their empty seats. The bars had nothing to lose and it was a win-win situation for everyone involved.
In terms of advertising, they rely on celebrity relationships like 21 Savage, Migos and Cardi B or the UFC.
More Coin now has around 6000 members between the age of 16 and 49 with a tech or cryptocurrency background.
The membership club is mostly in Las Vegas and Hollywood and recently expanded to London.
A new venture of his is a ghost kitchen startup, which is a white-label home delivery service.
In the future, Peter would like to focus on his ghost kitchen and the legal marijuana industry, as he sees them as significant areas for growth.
CORDIA DELIVERS 2019 ANNUAL REPORT
April 26, 2020
100M Authorized / 13,611,574 Outstanding / 4,513,308 Float
CORDIA OUTLINES FOOD DELIVERY PLATFORM OPPORTUNITIES
Las Vegas, NV -- March 25, 2020 -- InvestorsHub NewsWire -- Cordia Corporation (OTCM: CORG) today provided an update on its restaurant operations in light of global pandemic.. Since 2019, the company has been working on ghost kitchens, delivery only concepts, and branded virtual restaurants, It has has built out relationships with all of the major food delivery services and a number of technology partners prior to the onset of the COVID-19.
Cordia believes that it is uniquely positioned to weather the current crisis as well as rapidly scale its delivery based kitchens in major cities once the virus threat has subsided.
Industry experts are estimating that half of the independent restaurants in the United States may not reopen when the crisis passes. Cordia may be able to assist current restaurant owners and landlords to transition some of these locations to ghost kitchens and virtual restaurants. Cordia is working on turnkey solutions to create revenue generating opportunities for these outlets based on the expertise it has already developed and now is testing under extreme conditions.
Las Vegas Market
The Company has been operating the Blind Pig in Las Vegas under an existing agreement. Cordia expects to conclude the full acquisition as was previously announced.
The Blind Pig is located at 4515 Dean Martin Drive across from the Las Vegas Strip and approximately one mile from the new Raiders Stadium. It also serves the residents of two condominium complexes which are adjacent to the restaurant with approximately 1200 residents.
The Blind Pig (http://app.theblindpignv.com) is now open for delivery and curbside pickup only. Management is considering adding basic grocery items for take out due to the number of residents who live within walking distance of the location to add revenue. It is also a valuable service for the local community.
The company is developing prepared meals to meet the expected demands as other area restaurants close. The Las Vegas location is able to accept bitcoin and other cryptocurrencies.
The Blind Pig LLC is owned by a limited liability company that is controlled and managed by Peter Klamka who is also the CEO of Cordia Corporation.
Cordia has been working with its landlord to accelerate the planned opening of its location in West Hollywood. The company was also offered a location in the Koreatown section of Los Angeles.
Virtual restaurants are the future
The company has had discussions with representatives of known brands or notable individuals about creating virtual restaurants. A virtual restaurant is an app based restaurant usually based on a well known chef or famous personality. Should these discussions come to fruition, these would be proprietary products to the company that after testing in Las Vegas and Los Angeles could be rolled out nationally and internationally.
Virtual concepts could be used to revive brick and mortar restaurants around the country that have been impacted by the pandemic.
Cordia's management has extensive experience in brand licensing and promotion having worked with Michael Jordan, Mike Tyson, Hello Kitty, Disney, NASCAR, the CW Network, 21 Savage, Migos, Cardi B, G-Eazy, Claudia Schiffer, KISS, Saweetie, Christina Aguilera and Nelly.
The current share structure remains unchanged from the company’s last filing on OTC Markets with 13,611,574 issued and outstanding common shares.