Lariat Presentation

Transcript

1. The Road Ahead 2019 FINANCIAL PROJECTIONS Property of Lariat Rent-A-Car
2. Financial Status In 2018 ⚙ Cost of Car Fleet The Rundown $30 Million ⚙ Minimum Rental Rate $75 Per Day ☑ Better at: Beating the competition ☑ Advantage of: Experience in the industry ⚙ Total Gross Revenue $65 Million $16,000 ☑ Gross Revenue Per Car Property of Lariat Rent-A-Car
3. Financial Status In 2018 Property of Lariat Rent-A-Car $6,427,797 $5,766,687 $6,159,670 $6,243,157 $6,472,285 $6,249,456 $6,350,157 $6,327,187 $6,272,894 $6,362,436 $2,234,314 $- $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000 $10,000,000 January February March April May June July August September October November Gross Revenue Per Month in 2018 ⚙ Negative Impacts ⚙ Stability is a Positive
4. Financial Status In 2018 The Rundown ⚙ Number of Lariat Branches 50 total in the U.S. ⚙ Total Net Revenue $35 Million Property of Lariat Rent-A-Car ⚙ Number of Branches in Airports 22 total in the U.S. $8,700 ☑ Net Revenue Per Car Number of Car Rentals 100,000 ⚙ Impacted in November
5. Approach One: Focus On Rates Property of Lariat Rent-A-Car $8,000 ☑ Net Revenue Per Car Number of Car Rentals 90,000 $15,000 ⚙ Fewer Customers Willing to Pay Higher Price ⚙ Negative Impact to Revenue ⚙ Not a Significant Increase ⚙ Retain Loyal Customer Base ☑ Gross Revenue Per Car $33 Million ☑ Total Net Revenue Increase Minimum Rental Rate $85
6. $6,475,350 $5,759,226 $6,262,060 $6,299,937 $6,429,153 $6,297,359 $6,368,513 $6,381,769 $6,303,158 $5,565,203 $910,141 $- $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000 $10,000,000 January February March April May June July August September October November Gross Revenue Per Month with New Rate Approach One: Focus On Rates Property of Lariat Rent-A-Car ⚙ Drastic Decline
7. Approach Two: Focus On Growth 60 total in the U.S. Property of Lariat Rent-A-Car 32 total in the U.S. Number of Car Rentals 110,000 Increase Number of Branches and Customer Base ⚙ More Customers in More Locations ⚙ Diversification in Customer Base ☑ Branches in Airports ☑ Number of Lariat Branches
8. Approach Two: Focus On Growth ☑ Texas ☑ States Without Branches ☑ Nevada ☑ Colorado ☑ Louisiana ☑ Michigan Known for Great Food ☑ Pennsylvania ☑ Florida Known for Beaches Known for Mountainside Scenery Known for Music Heritage Known for Automobiles Known for Tourism Known for American History ☑ California Known for Year-Round Sun
9. Approach Two: Focus On Growth Property of Lariat Rent-A-Car $10,000 ☑ Net Revenue Per Car Number of Car Rentals 110,000 $18,000 ☑ Gross Revenue Per Car $41 Million ☑ Total Net Revenue Increase Number of Branches and Customer Base ⚙ A Significant Increase in Revenue ⚙ Opportunity to Increase Number of Loyal Customers
10. ⚙ Cost of Car Fleet The Rundown $30 Million ⚙ Minimum Rental Rate $75 Per Day ⚙ Total Gross Revenue $72 Million $18,000 ☑ Gross Revenue Per Car Property of Lariat Rent-A-Car ☑ Exceed our own expectations ☑ Potential for exponential growth Financial Growth In 2019 Fleet Size 4,050+
11. The Ideal Path – Focus on Growth Property of Lariat Rent-A-Car $64,866,040 $72,488,400 $- $10,000,000 $20,000,000 $30,000,000 $40,000,000 $50,000,000 $60,000,000 $70,000,000 $80,000,000 Gross Revenue Projected Gross Revenue PROJECTED GROSS REVENUE COMPARED TO GROSS REVENUE IN 2018
12. On The Ideal Path for 2019 Q&A ⚙ ⚙ ⚙ Property of Lariat Rent-A-Car