1. the Problem:
Managing a moving company
was complex and costly
Enter customer information up to 12 times
Dispatching used assets inefficiently
Load costs and revenues could not be
estimated effectively
3. underlying Magic:
100% web-based software
Fully integrated
Developed by “insiders”
Customers already on board
4. the Model:
Only inexpensive PCs needed
Internet connection only requirement
Pricing structure
$20,000 start-up fees on average
$200/month/user
Average 10 users per agency
In use since 2004, now 25 users
5. our Marketing:
1600 United & Mayflower Agents
Direct mail – we have all contact information
Attend tradeshows/word-of-mouth
2008 drop dead date for UVL system switch
In 2009+ thousands of Allied,
Atlas, Bekins and other Agents
6. the Competition:
Five other major players
All are client/server based
Requires major up-front commitments to
hardware, networking, software and personnel
Already in the marketplace
7. our Team:
Ed Meyer - CEO
Matt Dixon - CFO
Jane Meyer – Director Sales/Marketing
Kevin Lemke – Director Operations/Technology
8. our Projections:
Revenue Net Income Total Customers
2007 $ 512,550 $ 21,850 20
2008 $1,571,800 $ 612,800 43
2009 $3,829,450 $1,706,150 103
Exit Strategy
Merger or acquisition
Another moving industry-specific software company
4x to 6x return is the industry average revenue multiple
Software as a Service companies - Triple Tree, LLC
9. our Proceeds:
Prepare DestiNation for the market
TM
Creation of website and marketing materials
Training materials for new customers
Improve DestiNation TM
Integrate with hand-held estimating devices
Reach a larger target market
Develope interfaces with QuickBooks and Peach
Tree
Integrate with other national carrier’s computer
systems
10. the Opportunity:
Investments exceed $500,000
Pre-money valuation $900,000
Post-money valuation $1,250,000
Investment being sought
3,500,000 shares worth $350,000
28% of Move IT Solutions
$6,720,000 value at exit (using 3X industry
multiple)
11. the End:
Presentation to
Valley Angel Investors
March 14, 2007
