Regan Hartman Designs Prepared by: Eileen Gray Regan and Michael Hartman The finest European fixtures, furnishings, and fabrics exclusively delivered to designers throughout the US
TALKING POINTS Products / Concept Design Marketplace Target Customers Management Team Financials
PRODUCTS / CONCEPT
DESIGN MARKETPLACE United States 11,316 Design Companies Total Receipts over $900 million annually New York City 2906 Design Services Nearly $30 million annual sales Bakersfield, California 63 Design Services Over $4 million annual sales Los Angeles, California 1022 Design Services Nearly $20 million annual sales San Francisco, California 560 Design Services Nearly $8 million annual sales * US Census Bureau – 2002 data
TARGET CUSTOMERS: DESIGN CENTERS and INDEPENDENTS Each center has up to 100 showrooms and designer offices Pacific Design Center, Los Angeles New York Design Centers (9) Other major US design centers San Francisco (7)BostonLas Vegas N. Carolina (4)TorontoMinneapolis Dallas (4)MiamiCincinnati Houston (2)AtlantaWashington D.C. Seattle (2)ChicagoTroy
MANAGEMENT TEAM Eileen Gray Regan, Chief Marketing Officer BBA Entrepreneurship, Baruch College, 2006 Marketing and Operations background Sam Bali, Partner Successful independent design company, Bali Designs Long term relations with European manufactures Distribution and procurement specialist Michael Hartman, Chief Operations Officer BBA Entrepreneurship, Baruch College, 2006 Business Development, Finance, and Operations background Gina Hartman, Chief Designer Owns Show Home in Bakersfield Legal, public relations, and finance Experience Ties to builders, resident boards, and real estate agents
FINANCIALS MILESTONES AND TIMELINE Initial Investment: $50,000 Make first $20,000 sale to the Pacific Design Center in September % markup Break even in June 2007
FINANCIALS INCOME STATEMENTS
SUMMARY Wide array of products Competitive advantage based on exclusivity and flexibility Expanding marketplace and focused targets Inexpensive operations and large upside markup Breakeven in approximately 1 year Over $5 million gross and net of over $1 million in 2009 Numerous expansion, spin-off, and sale opportunities