The Company is building a distinct, defensible channel in on-premise residential retail. Operating within multifamily and master-planned communities, the platform designs, launches, and manages technology-enabled convenience stores that function as a high usage residential amenity compared to traditional retail. Stores offer residents access to food, beverages, household essentials, and select alcohol offerings. By combining disciplined site selection, centralized procurement, route-based field operations, and enterprise-grade inventory analytics, the Company has developed a repeatable operating platform capable of scaling across staffed and autonomous formats.
Key Aspects
Embedded Amenity Model
· Structured as an amenity partner rather than a traditional retailer
· Competitive lease structures with no triple-net exposure
· Operating agreements are generally assignable post-sale
· Direct alignment with property owners’ goals of retention and occupancy
Proven Revenue Growth
· Revenue scaled from $1.8 million in 2022 to $4.6 million in 2025.
· Consistent gross margins of approximately 41% across historical periods Scalable Two Format Platform
· Staffed retail stores for dense, high-volume communities
· Autonomous SMART Cooler installations for lower-density or capital-light deployments Technology & Inventory Discipline
· Cloud-based ERPLY point-of-sale open application programming interface system is integrated with Power BI analytics
· AI-assisted stock keeping unit rationalization and real-time sales visibility
· Category and vendor level purchasing budgets are tied to projected COGS
· Predictive modeling guides inventory mix, turns, and cash deployment
· Spoilage consistently maintained at approximately 1.5% of revenue
Opportunities
· Expand and replicate within existing developer and operator connections by deploying additional stores across owned portfolios.
· Increase density within defined service corridors to build geographic clustering to improve route efficiency, lower service cost per site, strengthen field leadership coverage, and enhance margin consistency.
· Continue to develop capital-light SMART Store Cooler expansion with accelerated deployment of autonomous cooler installations in communities where full-service stores are not feasible, expanding the addressable market without linear overhead growth.
· Refine loyalty analytics, geo-targeted marketing, and localized merchandising to increase resident visit frequency and average transaction value.
· Market density within Texas provides intentional clustering advantages that enhance route economics and operational leverage.
· With operating systems established, the model is positioned to scale efficiently under additional capital and expanded portfolio deployment.
Investment Thesis
· The Company represents the arrival of differentiated residential retail that is embedded, data-driven, and aligned with multifamily ownership objectives.
· With validated product-market fit, consistent gross margin performance, a scalable two format platform, and accelerating EBITDA momentum, the business is positioned to enter its next stage of growth under strategic or financial sponsorship.
Current Markets
· The Company operates in Texas and serves multifamily and master-planned communities seeking a professionally managed on-site convenience amenity. Memberships in major Texas apartment associations provide exposure to ownership groups, developers, and property managers, which strengthens referral flow and strategic connections.
Real Estate
· The Company operates nine staffed stores and two autonomous installations in Texas ranging from 1,000 to 1,800 sq. ft. Leases are with unrelated third parties and generally assumable by new ownership. Leases are long-term, renewable agreements priced as an on property amenity rather than a market-rate retail tenancy, supporting durable unit economics across locations.
Shareholder Objectives
· The Company is owned by multiple managing members, with one active operator and all others serving as silent partners. The active operator is open to structured transition support or continued involvement, providing flexibility to new ownership.
