Glendale, AZ 85301, US
Industrial & Manufacturing
We are building small automatic ovens that produce ice cream cake cups like the ones fast food restaurants use that will reduce the cost to about 20% of what they are paying today (Patent Pending).
MagiCone is seeking $2,000,000 in equity.
We are a start up company, with a patent pending, automatic oven that produces the ice cream cake cups used by fast food retailers.
We are finishing our designs and patents have been applied for. Now we’re approaching investors so we can begin building these for franchisors, retailers and point of sale food service.
I understand the business of manufacturing ice cream cups first hand. I was employed in this industry after the financial crisis of 2007 so I could keep a roof over my family’s head. My background is economics. I’m an analyst. I have a Business Administration degree with an emphasis on Finance. As such, I couldn’t help wondering how to reduce some of the expense and waste of delivering cake cups to large scale end users.
Cake cups are still produced on equipment originally designed and patented by Werd Turnbull nearly a century ago. Very little has changed since then. These giant ovens use massive amounts of gas to produce cake cups that go into plastic wrappers, that go into corrugated boxes, that go onto pallets, that get wrapped in more plastic and finally loaded onto heavy, 18-wheel trucks to be transported all over the country.
Wouldn’t it make more sense to downsize the ovens, make them robust, simple to operate and locate them where ice cream is served?
That’s what we’re doing.
We have two models. The MC600 makes 600 cones per hour. The MC150 makes 150 cones per hour. Molds are easily interchangeable so they can produce all the standard sizes, 10, 22, 30, 60 and 90 from one oven. They can even apply jackets! How about a little more variety in flavors? They allow for that option as well.
We are now approaching those businesses that would benefit most by using these ovens to get indications of interest. We will not ask for investors to contribute to this enterprise until we have enough interest to carry the business. We will be offering 20% equity in the company.
With just 2% pen