progressive wireless, llc pitch deck

11
100 STORE CRICKET WIRELESS DEALER

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Page 1: Progressive Wireless, LLC Pitch Deck

100 STORE CRICKET WIRELESS DEALER

Page 2: Progressive Wireless, LLC Pitch Deck

Investment Summary

• 100 Store Cricket Wireless Dealer• Raising $5Million for 20% Equity• Private Placement Offering• Projected 47% avg annual cash in 5yrs• Targeting Sale or IPO in 3-5 yrs• High equity value = 500% total ROI• $50k Units (Some half units available)• Limited preferred units remaining• Higher guaranteed yr1 return – 4%• Special warrant options

Page 3: Progressive Wireless, LLC Pitch Deck

Wireless Market & Problem

Carlos Slim - $64 Billion2nd Wealthiest in World

Founder of “America Movil” in Latin America

• $188 Billion market in U.S.• Problem: People Want Best

Devices, Network, Price, No Credit Check, No Contracts, No Surprises

• Prepaid plans growing 10X faster than contract plans

• 16% annual growth of prepaid wireless plans

• Wireless Gold Rush – 20 years ago Until Now

Page 4: Progressive Wireless, LLC Pitch Deck

Cricket Wireless - Solution

• Cricket was launched in 1999• 3,700 stores in the U.S.• Purchased in 2014 by AT&T• Doubled its network to 97%• Created virgin territories with little to

no competition• Cricket Wireless is fastest growing

prepaid carrier – 428K in 2015• Solution: Best phones, Best network,

Best prices, No credit check , No contract, No Surprises

Before

After

Page 5: Progressive Wireless, LLC Pitch Deck

Rate Plans

Page 6: Progressive Wireless, LLC Pitch Deck

Company Overview

Cricket Dealer Sources of Revenue• Activation commission• Device & accessory sales • Residual Executive Team• Mgt team recruited by Cricket after success at

Sprint• 40 yrs combined experienceTraction – Mar 2016• 6 Stores open – 18 total in process• 2015 Activations 48% over Projections• 79 Locations identified• Over 2,000 Customers• $400,000 plus in Revenue

Current Locations

Page 7: Progressive Wireless, LLC Pitch Deck

Risk Reduction of a Franchise Like Model

• 90-95% of franchises succeed• Dealer Model is Similar to a Franchise• Proven Track Record – 3,700 Cricket Stores• Mandatory Cricket Training Programs• Strong Established Brand (6X in 2015)• Corporate Marketing Assistance• Combined Purchasing Power• On-Going Operational Support• Location and Construction Assistance• Best of All - No Franchise Fee!

Page 8: Progressive Wireless, LLC Pitch Deck

Annual Distributions

Projected Cash Distributions ($100k investment)

• Yr 1 – $2,000 Guaranteed• Yr 2 – $10,000• Yr 3 – $58,000• Yr 4 – $73,000• Yr 5 – $89,000• Total - $232,000• Average 47% over 5 yrs

Page 9: Progressive Wireless, LLC Pitch Deck

Return on Investment

Projected Stock Value @ 4X ($100k investment)• Yr 1 – $100,000• Yr 2 – $100,000• Yr 3 – $234,000• Yr 4 – $304,000• Yr 5 – $355,000Total ROI (Cash and Cap gains) = 500% in five years

Page 10: Progressive Wireless, LLC Pitch Deck

Conclusion

Huge industryProven Model Management ExpertiseUpside GrowthHigh Passive IncomeHigh Equity Appreciation

& Liquidity

Contact: Steve Miller or Dave WhitePhone: 480-245-4808 Email: [email protected]

Page 11: Progressive Wireless, LLC Pitch Deck

Disclaimer

This presentation is not an offer to sell interests in Progressive Wireless, LLC. Any such offer can only be made through the company's confidential private placement memorandum when it accompanies its business plan.