Rigel Booklet

Custom Closets, Pantries and More

WEBSITE:

https://solutions-stores.ca/ CATALOGUE

https://www.flipsnack.com/ solutionsstores/rigel-closetfolder-sample/full-view.html

Contents About Us

01

Our Core Values

02

How We’re Different

03

Our Products

04

Market Comparison

05

More Market Comparison

06

North American Opportunity

07

Target Market

08

Future Business Plans

09

Financial Forecast

10

Strategy for Success

11

Conclusion

12

About Us Rigel prides itself in being one of the most recognized closet systems in Canada.

With patented products and its ability to tailor any customer’s needs, it’s no surprise Rigel builds long-lasting winning partnerships. It all begins from our dedicated departments with motivated employees who share common goals and humanitarian values.

We continue to learn, grow, change and excel in becoming the number one closet system in North America.

Visi

We work to oriented clo

Miss

To develop extensive re customizab

Our Core Values

Purp

To reinvent

ion

provide compassionate, quality and detail oset systems.

sion

a robust closet platform that is backed by esearch to provide customers with a complete ble closet.

pose

t the future of the closet market

How We’re Different

Rigel

Other Closet Systems

Flexibility

Not Flexible

Ability to change the design when you need a refresh or to change with trends

One-time build for a structured system, so you are stuck with the same system

Can switch around components based on your changing lifestyle or needs

Not many size options for various room sizes

Fits any size room, walk-in closet or reach-in closet

Designed for walk-in closets

Easy Installation and removal

Does not damage the wall paint once removed

Damaging Installation/Removal Dents, scratching and paint chips can occur to walls and floors when shifting the system

Perfect if the design of your room is always changing (ie. Adding new furniture)

Upgradable

Start with a basic set

Can purchase more accessories based on your budget

Large upfront cost

Large cost for a closet system that requires you to spend more upfront on the first visit

Our Products

Market Comparison

Company Information

2018

Closet line: FreedomRail Rebranded four lines of closets to fall under one umbrella, “The Container Store Custom Closets” Introduced new products within other closet lines.

Elfa® Classic, Elfa Décor®, Avera™ and Laren™

$829.6 million (93% of the total net sales)

Focus surrounding custom closets for 41 years

$65.5 million third party net sales (7% of total consolidated net sales)

Solutions has been in business for over 20 years

Over $20 million dollars in sales

Company

More Market Comparison

Pr

rice

Quality

Dealership

Retail

Wholesale

Patented Products

North American Opportunity

Rigel’s biggest competitors are Organized Living, California Closets and The Container Store branding Elfa.

quality of their products the more expensive it is for consumers to purchase, making it unreasonable for the public.

Organized Living provides products that are high in cost thus, when putting together all the components, customers will realize the total cost of their purchase is not practical.

They only sell in specialized stores limiting their market space. They offer 10 year guarantee while Rigel offers lifetime.

Rigel has the opportunity to surpass its competitors and other companies in the industry.

Not only does it have patented products but it provides low cost and high quality merchandise.

Rigel is available for retailers and wholesalers while providing franchisees/dealerships the opportunity to expand throughout North America. Rigel promises to provide quality assurance, warranty, easy installation and maintenance so that the only thing to worry about is what to hang in your closet!

California Closets is one of Rigel’s top competitors. However, as seen with other companies the cost of products is grossly over-priced.

Lastly, The Container Store exclusively sells Elfa, thus controlling its products to limited locations. The higher the

Target Market

Architects Franchises Organizers Contractors Builders Patents Dealer Programs Business to Business

Future Business Plans

Rigel’s goal is to obtain business through numerous profitable avenues in a potential $6 billion dollar closet market.

Rigel is looking for partnerships that will tackle the closet market and develop the following in a strategic and beneficial way;

Business management procedures such as building innovative departments and teams.

Develop and implement mediums to obtain successful outcomes across the company.

Financial Forecast

$ Million

Revenue

Phase 1

Phase 2

Locate a business partner to raise funds and build a successful team focusing on product development.

Capture the en Canadian mar

Business to Business, Contractors, Builders, Architects, and Organizers

Dealer program Franchises and

Obtain business from Ontario markets

Strategy for Success

ntire rket

ms, d more

Phase 3

Move forward with business to United States markets

USA dealer programs and franchises

Conclusion

Looking into the future, our vision is to provide people with an easier way to organize their way of life.

We have created a closet system that is more than just a closet for the home.

It is a versatile system that adapts to any need. With lifetime warranty there is no better way to save space, money and time while living the lifestyle you always wanted.