IBrands Corp. Releases Market Data for its Revolutionary Restaurant Software Platform

IBrands Corp (OTC: IBRC) (www.ibrandscorp.com) is pleased to bring market data research to shareholders for its unique iMenu24/7, a highly intuitive software platform to facilitate restaurant consumers with food orders from their favorite restaurant via Internet or smartphone device.

Currently in the United States, only 5% of restaurants in the U.S. have online ordering and most of those restaurants are chain affiliated in the pizza industry, such as Domino’s and Papa John’s. IBRC execs are confident this is an industry with an unmet hunger for its innovation and one with enormous potential for a win-win with franchises and leading brands across the nation.

“Statistically,” states IBRC CEO, Paul Smith, “our market demand speaks for itself.” The North American market consists of some 1.1 million restaurant locations generating approximately $617 Billion annually in sales serving more than 78 Billion meal occasions annually. The National Restaurant Associations quotes that 58% of all restaurant patrons order food for off-premises consumption (take-out). Further, according to the National Restaurant Association, since 1985, take-out orders have increased a staggering 75%. As well, orders placed online are, on average, 20-30% higher than takeout orders placed over the phone. Over 35% of consumers polled have or would place an order online if their favorite restaurant offered the service.

“That relates to some 45.2 Billion orders or $357 billion are take-out in the United States,” adds Smith. “If one extrapolates a 1% market share as our goal for the North America market, this translates into a potential 452,000,000 orders (transactions) annually and, potentially, 10,000 restaurant customers. There is no assurance regarding the Company’s ability to achieve any projections regarding potential revenue or potential market penetration.”

Overall,” says Smith, “our software provides the restauranteur quantitative benefits that increase revenues, improves efficiency and increases profitability with a relatively small investment. Our target market for iMenu24/7 is restaurant owners and operators whether they are multi-national, Fortune 500 Companies or single, independently-owned restauranteurs. Our scalable technology makes iMenu24/7 affordable to all and we’re confident our efforts forth will be exponentially rewarding for the company and its shareholders.

SAFE HARBOR STATEMENT: Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the operations of a company.

iBrands (CE) (USOTC:IBRC)
Historical Stock Chart
From Feb 2025 to Mar 2025