Post on 27-Dec-2015
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www.condoor.ca
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Executive Summary Through the innovative process, Condoor has developed new products for the
building industry. Implementing new procedures to service the market will revolutionize the
building sector through time and money savings.
Condoor’s unique aluminum frame system, Corridoor, promises to transform the building industry.
Our Patent Pending System promises Stability Striking appearance Affordability Shortened installation timelines Earthquake resistant construction A great product for the environment
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Condoor Systems Inc.
For the past 25 years Alain Gadoury has been involved in the custom metal and wood fabrication industry working for some of large and leading distribution and manufacturing sectors in Montreal and Vancouver.
In 1999 with a strong sense of ambition, experience and desire to make a difference, Alain started his own business, which produces quality metal design and products that will later become his testimonies to hard work and dedication to excellence.
His fabrication plant in Port Coquitlam, BC manufactures customs steels and various door and frames related products. He is very much a hands on individual who focuses on delivering superior quality products and working closely with owners and its consultants to achieve their schedule and budget.
His company continues to subcontract jobs specializing in commercial and institutional work.
Creative problem solving, new approach and challenge have become his personal mottos. Alain has passion for finding solutions that spans the technical demands of engineering and the subtleties of great design, meeting schedules and budgets.Alain obtained his Architectural and drafting certification in Montreal in the early 1990s.
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The Butterfield Test
Condoor’s is committed to excellence, unsurpassed craftsmanship and exceptional customer service.
The Corridoor System. It is a lightweight, continuous hinge frame assembly with no exposed screws, demountable, expandable, interior aluminum frame.
This exclusive heavy duty aluminum frame system was originally designed and developed by Condoor for the Franchise Tax Board in Sacremento, California.
The project, located on Butterfield Way, is a state of the art, high security facility with restricted access to the public. Condoor supplied over 900 doors for this project and implemented its exclusive aluminum frame system for the first time on this scale. It has been certified a Silver LEEDS building, (Leadership in Energy and Environmental Design) upon completion in 2008.
The Condoor System has been afforded the distinction as the best aluminum frame after it has been put to the test by the State of California.
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The Corridoor System was first introduced to the public during the 2010 Buildex in Vancouver. Architects, developers, builders and designers alike, who visited our booth were very keen in learning more about the system and how it promises to revolutionize the door industry. They were excited to integrate our product into their future designs.
CORRIDOOR SYSTEMS
2010 Our first exposure in Public
Branding Corridoor & Market GrabThis product is tailor made to handle all of the residential, commercial and institutional
markets. The steel door frame is a billion dollar industry in Canada and the US combined.
Our conservative target market grab is 10%.
High density housing and high rise condos, commercial buildings, institutional buildings will benefit from this new system. The use of our frames to almost any applications will replace the conventional interior door frames, wood and steel. Our new aluminum system is called the Corridoor System.
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Finally a completely expandable system Stronger than most frames on the market, more durable than wood or
aluminum frames Faster to install Compatible with any hinge type including the piano hinge Demountable and can be easily modified on site The Coridoor System has no exposed screws Any configuration, available to fit from 4 ¾” to 7 ¾ walls Available in many styles and finishes
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The System does the job of a steel expandable frame, but ours, with limitless configuration; you draw it, we can build it.
A few elevations available
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The Condoor Hinge Bar (CHB) Made to any manufacture specification.
Our CHB is faster and easier to install than the usual process (the Design industries, loves it (Buildex 2010)No screws are used to hold the reinforcement plates, refer to page 15.We offer it in 7 options, from Green to extra heavy duty (refer to our CHB info Chart, page 19).View our video of how they are pressure fitted, glued and how our frame systems work. http://ww.corridoor.ca/Animation_Corridoor_System.mp4
New way to go for the door industry
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So many advantagesConcept to completion savings Faster installation No learning curve - easy to install Tolerance up to ¼” Drywall can be mounted, plastered and painted first Fewer manufacturing steps Aesthetically appealing The only aluminum frame that wraps the wall Choice of colors available, standard is clear anodized
Waytogo SystemThe Corridoor system is superior to metal frame
Stronger hinge reinforcement Supports heavier doors Cheaper alternative to any custom frame Does the same job as an expandable frame but more versatile No exposed screws on casing Demountable Can be modified or re-assembled in-situ Extruded aluminum is 1/3 lighter than metal Earthquake resistant (testing at this time)
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Corridoor Construction
Compared to Storefront• Improved integral strength• 30% cost reduction• No exposed drywall corners• No mudding and sanding required• 12 less exposed screws • To reduce risk of damage, Corridoor frame system can be installed
when all other trade works have been completed• Pre-fabricated and ready for quick install
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In this picture a steel frame and a storefront window were installed. With our system you do both - after the walls are painted and the flooring installed. No more time and money wasted.
Condoor Green Aspects Fewer manufacturing and installation steps Our system is up to 100% recyclable, see our hinge reinforcements selection Shipping packaging is 100% recyclable Clean building material – no offset gases Weighs 66% lighter than steel, therefore reducing shipping costs Drywall can be mounted, plastered, and painted before the Condoor System is installed –
less materials used on site – less man hours Bar Code and Smart Code Technology will reduce paper and give customers access to
their orders shipping and delivery times Our future fire rated frame will be partly made of recycled rubber tires We offer a 100% recycled plastic hinge reinforcement, without compromising strength
and durability
• Reduces your carbon footprint
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Delivered Customer SavingsDelivered Customer Savings
Corridoor pre-fabricated products can be installed by 2 men in 2 days with minimum workspace and virtually eliminating construction mess.
This photo shows work being done at conventional worksite, which will take took 2 men and 6 days to complete. It also requires a lot of space.
Savings
Storefront $19,000
Corridoor $15,000
Corridoor – Side By Side ComparisonCompared to Storefront• Corridor offers the similar look at ¼ of the price of storefont• Pre-fabricated and quick to install• 60% savings on installation
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Corridoor - Side By Side ComparisonCompared to Industry Standard
Industry standard installation
New industry standard installationby Condoor
Storefront shown below:Storefront shown below:
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Corridoor – Side By Side ComparisonCompared to Storefront
Exposed corners create a higher risk of being damaged, additional construction and maintenance costs.
No cornerbead, drywall spackle, paint masking, detail painting or caulking with Corridor.
The Corridoor system wraps the wall and integrates corner guard protection.
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Comparisons Storefront Corridoor
Budget 500 600
Drywall (more time and material) 500 Not Required
Mud 100 Not Required
Sanding 100 Not Required
Protect all surfaces (all trades) 100 Not Required
Too much work end up too expensiveMore work equates to more expense
NA
Too fragile (exposed drywall) No exposed drywall
Easily damaged before job is turned over Installed last
Storefront Corridoor
Damage Level 3 1
Estimated Savings Passed on to our Clients: $700
Corridoor – Side By Side ComparisonCompared to Storefront
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Storefront shown below:Storefront shown below:
A New Way to BuildApply all finishes to the project
Allows finishing such as drywall, paint, trims and flooring to be completed before the Corridoor is installed.
Condoor guarantees superior finishes, with no mess, in less time.
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HingesVersatile options to meet your building needs
Residential Series
Green Options
For Heavy DutyDoors
Patent #
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Construction Performance Maximize Output Timing is everything
FinancialsConservative Financial ModelCondoor estimates that by the 10th year of operation, we will be able to gain 10% to 30% of the
building frame marketMost Likely Financial ModelThe most likely scenario is that Condoor will be able to gain 20% of the market by the 10th year
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Year 1 $1,800,000Year 2
$7,493,637Year 3
$16,574,861Year 4
$24,278,969Year 5
$35,699,913Year 6
$52,049,741Year 7
$61,522,794Year 8
$72,719,942Year 9
$85,954,972Year 10 $101,598,776
Year 1$3,600,000
Year 2$14,987,274
Year 3$33,149,723
Year 4$48,557,938
Year 5$71,399,825
Year 6$104,099,482
Year 7$123,045,587
Year 8$145,439,884
Year 9$171,909,943
Year 10$203,197,553
This estimation below reflects a 10 Year Sales Summary (Conservative 10%)
This estimation below reflects a 10 Year Sales Summary (Most Likely 20%)
Corridoor Growth MapOne of our scenarios
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Scenario 1 Condoor Steel Dist. Storefront
Quant Frames Style Selling Selling Paint SellingMud/Sand Paint
1 3S 3' x 7' $224.25 $98.00 $40.63 $129.25 $318.00 $25.00 $40.63 $374.25
1 2/3S 6' x 7' $296.40 $106.00 $40.63 $137.25 $408.00 $25.00 $40.63 $464.25
1 SL 12" lite $380.25 $175.00 $48.75 $212.50 $437.00 $30.00 $48.75 $504.50
1 SL2 12" lite $401.70 $295.00 $56.88 $338.75 $459.00 $35.00 $56.88 $537.75
1 Win1 3' x 3' $118.95 $140.00 $32.50 $165.00 $123.00 $20.00 $32.50 $168.00
1 Win2 2' x 4' $157.95 $205.00 $40.63 $236.25 $169.00 $25.00 $40.63 $225.25
1 Win3 3' x 4' $280.80 $275.00 $56.88 $318.75 $317.00 $35.00 $56.88 $395.75
1 Win4 6' x 6' $464.10 $400.00 $65.00 $450.00 $448.00 $40.00 $65.00 $538.00 $2,324.40 $1,987.75 $3,207.75
PricingWe all know not every job is the same, just suppose you have one of each of these on your job. The more custom it gets the cheaper it get using the Corridor System.
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Distribution Scenario
Soon availableSoftware application for Job Access Software to include direct project team collaboration, including virtual shop drawings and details for review by clients, architects and contractors
Bar Code and Smart Code Technology will allow our customers to obtain full status of their order, shipping and delivery times on their smart phones
Iphone App and Smart Phone apps will give our users the ability for remote access to electrical strikes and miscellaneous automations, such as operating remote windows
Expedited Service Program. Full Discounts apply for customers to delay order to expedite rush orders.
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