BN000067361 – Scalable Residential Retail Amenity Platform Within Multifamily Communities
Location: Texas, US
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.

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.