Owners: Destin Sparks and Grant Snyder Credentials: Destin Sparks-Master Business Degree from Harvard University Grant Snyder- Mechanical Engineering degree from MIT
KEEP EVERYONE COOL
The Iceberg Pillow is a scientifically crafted pillow that allows max comfort and a chill that can last up to 12 hours. Iceberg pillow is made from memory foam that allows the pillow to form the users head to create max comfort. The chilling portion is located in the middle of the pillow, it is thermal lined to insure the coolness up to 12 hours. All the user needs to do is throw the Iceberg chill pack in the freezer for 4 hours then when ready for bed, unzip the thermal lined pillow and throw the ice pack in and enjoy a one of a kind slumber. Product detail
Features, qualities, technology Memory foam forms around your head Unique comfort ability Patented thermal cool technology Stays cool all night Customizable Long lasting Features, qualities, technology
Our target market anyone who wants to enjoy a good nights rest. Market analysis
Production plan Land- 5701 Azle ave, 3700 square ft.( $27,600) Labor- 5 Workers, 2 office 3 warehouse (office workers 30,000ea, warehouse workers 18,000ea) Capital- Pillow filling machine (5,000), memory foam machine (6,000), Ice pack machine (10,000), forklift (3,900), truck (30,000), desks (200ea), chairs (50ea), computers (700ea) Total cost: $203,400 Loan: $250,000 Production plan
valuation Cost per unit: 15 Estimate sales per unit: 30 Profit: 15 Projected sales: (Units – Profits) Months: 27,000 6 months: 405,000 Year: 54,000 1 year: 810,000 5 Years: 270,000 5 years: 4,050,000 10 Years: 540,000 10 years: 8,100,000 valuation
Buy two pillows get one free at Kohl’s on November 15th Advertising plan