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    Investor Overview

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    Investor Overview

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    365 views14 pages

    PeoplePawn PowerPoint Presentation

    Uploaded by

    peoplepawn
    Investor Overview

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 14

    Patrick Lawrence Kane

    Founder/CEO
    Patrick@PeoplePawn.com
    www.PeoplePawn.com
    1-866-383-PAWN
    Retail based
    financial services
    (microloan)
    provider Collateral Loans

    Pay-Day advance

    Pre-Paid debit

    cards

    Retail
    06/26/08 Content is the property of PeoplePawn. Copyright © 2
    Customer Pain Solution

    » Up to 59% » No access to » Multiple, fast cash


    of U.S. fundamental banking solutions
    households tools for short-term
    » Big, bright, beautiful
    cash emergencies
    neighborhood store
    » Family & friends locations
    cannot always help
    » Customer-service
    » Little focus on
    » Retail & internet
    customer service
    bargains
    06/26/08 Content is the property of PeoplePawn. Copyright © 3
    Market Size - $15 Billion and
    growing
    Industry Volume $’s Billion
    30

    25

    20

    15

    10

    0
    Pay Day Collateral Bank NSF Prepaid
    Loans Loans Charges Cards

    06/26/08 Content is the property of PeoplePawn. Copyright © 4


    Market Size – 85% Fragmentation
    Collateral Loans – National Competition 12828
    90% owned
    & operated
    by “mom &
    pop”
    # Stores

    Cash EZ First Valu Pawn Pawn Pawn


    America Corp Cash e X- Americ 1
    Pawn Change a
    Multi Unit Competitors

    06/26/08 Content is the property of PeoplePawn. Copyright © 5


    Market Size - Customers

    Sizing The Market - 59% of 115M U.S. Households

    Source:
    “Sizing The Market” – Sherbrooke and Associates Market Study – The Cash
    and Credit Constrained Consumer

    06/26/08 Content is the property of PeoplePawn. Copyright © 6


    Revenue Model
    56%

    20%
    15%

    7%
    2%

    Washington State House Bill #1232 amending RCW 19.60.060 scheduled for vote in April ‘07 potentially
    increases transaction fee’s by $4 per transaction. This is the first statutory change since 1991.

    06/26/08 Content is the property of PeoplePawn. Copyright © 7


    06/26/08 Content is the property of PeoplePawn. Copyright © 8
    06/26/08 Content is the property of PeoplePawn. Copyright © 9
    Patrick Lawrence Kane – Real Estate - Steve Lawson
    » 25 years of corporate real estate experience:
    Founder/CEO: Schuck’s, Taco Bell, Extended Stay America
    Chevron/Mc Donald's
    » 17 years of international retail
    » Managed a portfolio of 500 Advance America
    operations experience Payday loan stores
    » Extensive retail start-up Human Resources - Marcy Wood
    » 15 years experience in HR
    experience in Seattle – 3
    » Currently Human Resources Director for 3 NW
    companies/11 years companies
    » Extensive pawn experience – 27 » Extensive start-up experience in retail
    environments
    stores in 5 years (Pawn X-
    Certified Gemologist - Jean Spidell
    Change) » 15 years experience in Seattle jewelry industry
    Jamie Thomas – Financial » 10 years experience in sales, marketing, training
    & organizational development with local &
    Controller: Fortune 500
    » Multi-unit retail experience » BA Marketing & Geology
    » Certified Gemologist
    » Entrepreneurial start-up » Currently Corporate Manager with The WaMu
    experience – financial systems & Leadership Center in Seattle
    reporting Legal - Craig Elkins
    » 22 years practice as an attorney
    » Proven financial comptroller & » Franchise, retail, contractor & manufacturer
    ops manager-Leavitt Cap, Fisher experience
    06/26/08 Content is the property of PeoplePawn. Copyright © 10
    Financial Projections
    10 stores – 5 years

    Cumulative Store Financial Overview


    $’s

    Year 1 through 6
    » Profitable within first year (6 months)
    » Revenue exceed $1M per store within 2 years
    » Net profits per store exceed $500K by year 4
    06/26/08 Content is the property of PeoplePawn. Copyright © 11
    Traction
    » Business model created 2006
    » 1 full time, 1 part-time employee
    » $170K soft circled from the $500K needed
    » BOA in place to support operations
    » Initial real estate search commenced – Seatac/Tukwila
    » POS system identified
    » Seattle pawnbroker license captured – strategic plus
    » Training & operations systems developed to scale
    » Extensive Pro-Forma financials based upon actual
    historical achievements
    » Expected to open first store 2008

    06/26/08 Content is the property of PeoplePawn. Copyright © 12


    The Offer
    Prior Funding:
    CEO – self funded to date
    In addition, founder – more than 12 months without
    salary
    Current Round:
    $500K Series A Preferred ($330K remaining available)
    $2.5M pre-money valuation, $3.0M post-money
    $500K Series B planned Q2 2008
    Use Of Proceeds:
    Build out costs – 22%
    Opening inventory – 16%
    Pre-opening expenses – 5%
    Loan funds – 57%
    Exit Strategy:
    Acquisition by public company or larger private company

    06/26/08 Content is the property of PeoplePawn. Copyright © 13


    Patrick Lawrence Kane
    1.866.383.PAWN
    Patrick@PeoplePawn.com

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