Lecere Corporation (fka LCRE)

[JQB]

It's time for a more comprehensive cost benefit analysis by Lecere, proving out what their estimates are, while helping potential customers understand at a glance what they can expect from cost savings by going with Lecere over traditional systems. Plus more info on the pricing model.

Now Jim is saying:
"For planning purposes, we are estimating that we can achieve an average of $1,200-$1,800 of revenue per month per restaurant"

If this is true, it sure sounds good from an income perspective. $18,000 a year ($1500/mo average) or less than $100,000 in 5 years. Is this all based on per transaction fees or are there monthly support costs, etc?

That still seems somewhat steep (I am not a restaurant owner), but the cost savings are likely much more. Let's just see more justification from Lecere.

Jim also said:
" it is a well-known fact in the restaurant industry that a restaurant without a POS system would see its revenues increase by about 10% when it adds a POS system" "Are there very many restaurants worldwide that are not using a POS system today? Yeah, a hell of a lot."

So there is some justification, but still not enough IMO.

(Jim's quotes are from today's CEO Blog: http://www.lecerecorp.com/ceoblog/)