Presented By:

Beau Golden

Heather Burns

Problem Statement

• Lack of easily accessible Asian products

• Difficult for Asians to find favorite foods and products

• Difficult for non-Asians to experience these products

Our Solution• Convenience

– No more long trips to bigger cities for these products

– No need to wait for online orders to arrive

• Focused Locally– Customizable goods to meet

demand of local customers

Market Size in Russellville• Over 1,000 Asians

living in or near• Over 100 Asian

students at ATU• Non-Asians

interested in new products

Survey Conducted5-Question Survey to 20 students

• Most got really excited about it the idea

• Most that spent more money now were freshmen who received by mail from family.

Market Strategy• Community Involvement

– ATU IMSSO– Local Events and

Organizations

• Social Media– Facebook page– Website

• To order and customize

Financial StatementMayumi's Market

Yearly Income Statements

      YE2014* YE2015 YE2016 YE2017 YE2018

Revenue     $150,000 $400,000 $450,000 $500,000 $550,000

  Cost of Goods Sold 100,000 266,667 300,000 333,333 366,667

Gross Profit $50,000 $133,333 $150,000 $166,667 $183,333

Expenses

Marketing 15,000 15,000 17,500 20,000 22,500

  Lease and Utility 14,400 28,800 28,800 28,800 28,800

  Wages   5,000 10,000 15,000 20,000 20,000

  Loan Payment 9,400 18275 18275 18275 18275

  General and Administrative 5,000 5,000 7,000 7,000 8,000

  Other expenses 5,000 5,000 5,000 5,000 5,000

    Total expenses 53,800 82,075 91,575 99,075 102,575

Net Income   -3,800 51,258 58,425 67,592 80,758

*2014 is for a 6-month period

Startup Costs• Inventory: $35,000• Refrigeration Equipment: $12,000• Remodeling/Decoration: $10,000• Licensing/Permits: $3,000• Deposits: $4,000

– Total Startup Costs $64,000

The Ask• Small Business Loan of $100,000• Majority of Loan would be needed at the

beginning– Inventory, Lease, Equipment, Salaries

• Loan would be repaid with interest over a 7-year period

Our Team• Beau Golden – CEO/CFO

– 6 years US Navy Experience– 1 ½ years of Retail Experience

• Heather Burns – VP/COO– 1 ½ years of Food Service and

Customer Service Experience

Contact Information• Beau Golden

– Phone: (501) 392-4052– E-mail: beaugolden@gmail.com

• Heather Burns– Phone: (501) 258-4536– E-mail: hburns163@gmail.com