par birdie investor presentation 2014 06-23
DESCRIPTION
Investor Presentation DeckTRANSCRIPT
Introduction
•Mission: To Help Amateurs Play Golf Better
•Model: Par & Birdie is a new kind of golf retail store which concentrates exclusively on overall game improvement as opposed to just product sales• 360° Experience takes holistic approach to solving
golfers’ problems• First store to open in CA in 4Q-2014• After proof of concept, additional stores will be
franchised
360° Experience
The “Play Golf Better” concept is about focusing on a specific need or needs and then utilizing all of the resources of the Company to address the need.
To do this, Par & Birdie will provide a 360° experience to each customer. This means that the customer will receive a comprehensive solution that might include 2, 3 or even more products and services that when combined will enhance the golfer’s chance of achieving his or her goal.
It is this 360° concept that sets Par & Birdie apart from the competition.
360° Solutions
Par & Birdie’s 360° solutions include:
• Technology advanced systems such as Swing Monitors, Practice Bay and Demo/Club Fitting Rooms• Golf Equipment Customization and Optimization based on
metrics and professional evaluation• Game Improvement Services such as In-store swing
analysis & golf lessons from PGA professionals• Game Improvement Products in the areas of Rules of
Game, Swing Fundamentals and Course Management offered inside Game Strategy Room • Fitness & Nutrition Room
Products & Services
• Club Fitting & Repair• Matching the right equipment specs to a golfer's ability and
physical characteristics by PGA Certified Club Fitter and Club Maker
• Golf Clubs & Equipment• High-quality, Tour grade products straight from manufacturers,
always properly fitted
• Golf Lessons• Offered by contracted network of local PGA Teaching Professionals
• Game Strategy & Game Improvement Products• Training aids and Materials (DVDs, CDs, Books) as well as coaching
programs offered by network of PGA Teaching Professionals, industry leading inventors, and authors
• Fitness & Nutrition• Aerobic fitness, flexibility and strength training offered by
contracted Golf Fitness Instructors along with nutritional products from select vendors
The Game Improvement StoreThe Game Improvement Store will become a meeting place for avid golfers who are serious about playing golf better. Customers will be offered initial orientation of the store along with free game analysis by a PGA certified Game Improvement Concierge or Agent.
Fitness Bay Practice Bay Lesson Bay Fitting & RepairShop
Touch Screen Computers
Entrance
Par & Birdie Toilet
TransactionDesk
Stockroom
Display Display Display
Market OpportunityGolf participation rates depend on several factors, including age, sex and annual income. The majority (75.0%) of golfers are male, with growing participation by females, who account for 25.0% of industry revenue of $2.1 billion.
Target Customer
The target market consists of busy, active, affluent, male and female golfers of any age over 18 who believe that the enhanced enjoyment of golf will lead them to better golf. Other characteristics that describe Par & Birdie’s target customers include:
• Discretionary income• Professional or executive• Educated• Employed full-time, part-time or retired• Embraces self-improvement• Competitive• Active and loves sports
Par & Birdie Brand
Par & Birdie stands for:
• A 360° experience that solves problems for golfers;• Solutions from PGA professionals;• Access to tour quality products previously available only to professionals;• Professionalism in all of its dealings with customers and partners;• A focus on helping amateurs play golf better and customer satisfaction.
Marketing
Par & Birdie will implement an extensive marketing campaign to increase its brand power among avid golfers and spread the word of its services in CA.
Par & Birdie Website SEM & SEO
Social Networking Joint Marketing Programs
Public Relations Strategies Trade Shows & Magazine Advertising
Word of Mouth Relationships with Manufacturers
Club-Fitting Demos & Workshops Website, Online & SEM
Competitive Advantages
Par & Birdie has important competitive advantages over other golf retailers:
• The 360° experience offers golfers a comprehensive solution to a specific problem;• All of the clubs sold by Par & Birdie will be customized and
optimized;• In addition to Game Improvement Products, Par & Birdie
will offer Game Improvement Services through Prepaid Membership Programs.
Management
Aung Wun, the Company’s founder has a complementary mix of backgrounds, experiences and skills including:
• Extensive experience in diverse businesses:• Intimate knowledge of and passion for golf;• Multi-task orientated; able to take on heavy workload;• Flexible; able to adapt to different circumstances;• Understanding the importance of consistent, high quality
customer service.
Financing Requirements
To achieve the objectives, Par & Birdie is seeking $300,000 to fund the first store, with permanent capital to be provided by Mr. Wun and a small number of investor(s).
Proceeds from the capital will be used for tenant improvements, furniture, fixtures and equipment, opening inventory and working capital.
The company offers exit settlement in the form of IPO with negotiable percentage share of the company.
Operating Forecast
Year 1 Year 2 Year 3 Year 4 Year 5
Revenue 660,000
727,650
846,621
1,037,943
1,340,199
Cost of Goods Sold 202,650
223,422
259,289
316,221
404,917
Gross Profit 457,350
504,228
587,332
721,722
935,283
Operating Expenses 441,476
452,776
468,378
490,203
519,387
Operating Income 15,874
51,453
118,954
231,518
415,896
Cash Balance 80,600
129,523
244,382
496,418
895,975
Contact
Aung Wun, Founder & CEOPar & Birdie
5566 Scharf AvenueFontana, CA 92336
Tel: 909.973.4090Email: [email protected]: www.parandbirdie.com