Replica wood furniture for todays service industries - PowerPoint PPT Presentation

About This Presentation
Title:

Replica wood furniture for todays service industries

Description:

Manufacturer of high quality replica wood furniture ... Birch Forrest, Eva Green, and Connie Firus of University of Michigan Engineering ... – PowerPoint PPT presentation

Number of Views:94
Avg rating:3.0/5.0
Slides: 10
Provided by: stephanie65
Learn more at: http://web.mit.edu
Category:

less

Transcript and Presenter's Notes

Title: Replica wood furniture for todays service industries


1
  • Replica wood furniture for todays service
    industries

Stephanie Dalquist, CEO 10 December 2002
2
Mission
  • Pioneer in recycled lumber industry
  • Manufacturer of high quality replica wood
    furniture
  • Supplier to the growing hotel and restaurant
    trades
  • 10 annual growth in the United States
  • A better image at the right price

3
Highlights
  • High quality replica wood tables
  • Recycled HDPE from Clean Tech, Inc., Dundee
  • Injection molding manufacturing
  • Product lifespan of 30 years for MSRP of only
    400
  • Total investment of 1.2M, returned over four
    years
  • Expected annual growth of 20, with a 5-year
    profit of 1.7M and 9.3M after 10 years
  • Committed management and engineering team

4
Management
  • Dedication and experience
  • Stephanie Dalquist, CEO, MIT
  • Christine Flower, CFO, MBA from University of St.
    Thomas, former resort co-owner
  • Ash Woodlands, CTO, Renew Plastics
  • Birch Forrest, Eva Green, and Connie Firus of
    University of Michigan Engineering

5
Products and Competition
  • Initial offerings
  • Replica mahogany dining table to seat six
  • Dining chairs, coffee tables
  • Much more to offer than the competition
  • Formica costs 700, lasts only 5 years
  • Mahogany veneer costs 1000, lasts only 3 years
  • Real woodgrain texture
  • Durable finish

6
Market and marketing
  • Trade show attendance
  • Sales and informational website at
    http//www.realgreenindustries.com
  • Trade magazines
  • Restaurant Business, Nations Restaurant News,
    Hotels
  • Influential science periodicals
  • MITs Technology Review, New York Times

7
Financial projection
  • 1.2M investment
  • Return a product clients want multi-attribute
  • 1.7M 1st phase profit
  • Prices good even under
  • less optimistic
  • probabilities

8
Exit strategy
  • Merger with large manufacturer like IKEA
  • Development of new facilities near other
    recycling facilities
  • Go public and continue development

9
  • Questions?
Write a Comment
User Comments (0)
About PowerShow.com