progressive wireless, llc pitch deck
TRANSCRIPT
100 STORE CRICKET WIRELESS DEALER
Investment Summary
• 100 Store Cricket Wireless Dealer• Raising $5Million for 20% Equity• Private Placement Offering• Projected 47% avg annual cash in 5yrs• Targeting Sale or IPO in 3-5 yrs• High equity value = 500% total ROI• $50k Units (Some half units available)• Limited preferred units remaining• Higher guaranteed yr1 return – 4%• Special warrant options
Wireless Market & Problem
Carlos Slim - $64 Billion2nd Wealthiest in World
Founder of “America Movil” in Latin America
• $188 Billion market in U.S.• Problem: People Want Best
Devices, Network, Price, No Credit Check, No Contracts, No Surprises
• Prepaid plans growing 10X faster than contract plans
• 16% annual growth of prepaid wireless plans
• Wireless Gold Rush – 20 years ago Until Now
Cricket Wireless - Solution
• Cricket was launched in 1999• 3,700 stores in the U.S.• Purchased in 2014 by AT&T• Doubled its network to 97%• Created virgin territories with little to
no competition• Cricket Wireless is fastest growing
prepaid carrier – 428K in 2015• Solution: Best phones, Best network,
Best prices, No credit check , No contract, No Surprises
Before
After
Rate Plans
Company Overview
Cricket Dealer Sources of Revenue• Activation commission• Device & accessory sales • Residual Executive Team• Mgt team recruited by Cricket after success at
Sprint• 40 yrs combined experienceTraction – Mar 2016• 6 Stores open – 18 total in process• 2015 Activations 48% over Projections• 79 Locations identified• Over 2,000 Customers• $400,000 plus in Revenue
Current Locations
Risk Reduction of a Franchise Like Model
• 90-95% of franchises succeed• Dealer Model is Similar to a Franchise• Proven Track Record – 3,700 Cricket Stores• Mandatory Cricket Training Programs• Strong Established Brand (6X in 2015)• Corporate Marketing Assistance• Combined Purchasing Power• On-Going Operational Support• Location and Construction Assistance• Best of All - No Franchise Fee!
Annual Distributions
Projected Cash Distributions ($100k investment)
• Yr 1 – $2,000 Guaranteed• Yr 2 – $10,000• Yr 3 – $58,000• Yr 4 – $73,000• Yr 5 – $89,000• Total - $232,000• Average 47% over 5 yrs
Return on Investment
Projected Stock Value @ 4X ($100k investment)• Yr 1 – $100,000• Yr 2 – $100,000• Yr 3 – $234,000• Yr 4 – $304,000• Yr 5 – $355,000Total ROI (Cash and Cap gains) = 500% in five years
Conclusion
Huge industryProven Model Management ExpertiseUpside GrowthHigh Passive IncomeHigh Equity Appreciation
& Liquidity
Contact: Steve Miller or Dave WhitePhone: 480-245-4808 Email: [email protected]
Disclaimer
This presentation is not an offer to sell interests in Progressive Wireless, LLC. Any such offer can only be made through the company's confidential private placement memorandum when it accompanies its business plan.