Evolvex allows customers to design their own flat-pack furniture online. The company was founded by Jack Delosa, Andrew Morello, and Frank Choy. Evolvex plans to expand into new product lines, redevelop their design tool, open offices in the UK and US, and eventually sell the $100 million business or expand globally through franchising within 5 years.
20. Action Plan
Action Date Reason
New Product Line September Kitchen line
2012 onwards
Redevelop tool November HTML5 tool
2013
UK Office December European Sales
2012
USA Office April 2013 USA Expansion
21. Exit Strategy
Sale to Furniture or Building Product company
Global expansion in a Franchising/Licensing
Model, bringing on business partners in each
country/territory
$100 Million Business in 5 years– revenue
streams in online, retail and trade.
22. Thank You
We are the only company in the world that
allows the consumer to design their own flat
pack furniture
We are ready to expand internationally and
have a clear path to revenue
We have a talented team in place to scale this
business to achieve our goal