DREAM HOMES INC. WHAT IS YOUR DREAM HOME? Teemu Toivanen Comm447 Dream Homes Inc. - What is your dream home?
OPERATIONS Finding customer Finding apartment Planning & Designing RenovationFurnishing Dream Homes Inc. - What is your dream home?
HELSINKI, FINLAND Dream Homes Inc. - What is your dream home?
Capital of Finland Old apartment buildings – no room for new buildings High demand - high price €/m2 HELSINKI Dream Homes Inc. - What is your dream home?
Target group year old couples Market research Exhibitions Website Social media Price is competetive – all inclusive MARKETING Dream Homes Inc. - What is your dream home?
Revenue Model Salaries Manager (full time)11111 Other Staff1,001,602,003,004,00 Total Salaries and Wages Number of Apartments Number of Apartments Renovated & Sold Number of Renovated23468 Number of Purchased & Rented00022 Total Number of Renovations Gross Profits Renovated Apartment Sell Price Purchase Cost/Apartment Renovation Cost/Apartment Total Gross Profit/Apartment % 17 %19 %20 % Price of Renovation Only Renovation Cost/Apartment Total Gross Profit Per Renovation % 40 %45 %50 %
Payback, NPV & IRR PaybackGross PaybackNet NPV IRR30 % Dream Homes Inc. - What is your dream home?
Cost of apartment & selling price Finding suitable apartments Cost of renovation Networking and building relationships Turnover of an apartment Marketing CRITICAL VARIABLES Dream Homes Inc. - What is your dream home?
No direct competitors Non-direct: real estate agencies & renovation and construction companies Advantage to be a turnkey service company COMPETITORS Dream Homes Inc. - What is your dream home?
High quality, good service, unique experience Investing in real estate fairly safe World economy unstable CONCLUSION Dream Homes Inc. - What is your dream home?
??