RtSave’s mission

RtSave’s mission statement is to provide the lowest Real-Time price on all its items. Customers will have the confidence that when shopping On-Line with RtSave.com, they will not have to price compare at mutliple sites for an Item. RtSave.com website will launch in the USA with over 25 million items and provide customers real-time prices from websites like Wal-Mart, Best Buy, EBay, Target and others. Guaranteeing the lowest price for an item at that particular time.

In the USA, RtSave intends to be approved by over 90 sellers including Amazon, Nordstrom and Home Depot. Additionaly in 9 countries including Canada, UK, Germany, RtSave intends to be approved by over 500 Sellers. This will result in a Market size of over 645 Million.

The Platform has been developed to operate on iOS, Android and Website. After the USA, RtSave will launch in an additional 9 countries within 5 months. This rapid expansion is due to the unique manner in which the entire system is designed.

Market Opportunity

The price comparison website market is expected to increase at a significant growth rate during the upcoming years. The global price comparison website market is supported by various growth drivers, such as increased internet penetration, increase in smartphone users, increasing switching market, etc.

Price comparison websites have become increasingly popular around the world over the last ten years. In the United Kingdom and the United States market research groups have estimated that annually $1.5 billion transactions pass through this well-established industry, according to Wize Commerce.

Financial Projections (1-5 years)

Pro Forma Profit and Loss     
Year 1 Year 2 Year 3Year 4 Year 5
Revenues $ 4 192 547 $ 16 849 170 $ 17 860 120 $ 18 931 727 $ 20 067 631
Direct Cost of Sales838 509 3 369 834 3 572 024 3 786 3454 013 526
Gross Margin3 354 037 13 479 336 14 288 09615 145 382 16 054 105
Gross Margin %80%80%80%80%80%
Expenses
Payroll419 255 1 684 9171 786 0121 893 173 2 006 763
Sales and Marketing and Other Expenses 628 8822 527 3752 679 0182 839 7593 010 145
Depreciation62 888252 738 267 902283 976301 014
Rent & Utilities138 354556 023 589 384624 747662 232
Payroll Taxes113 199454 928 482 223511 157541 826
Total Operating Expenses1 362 5785 475 9805 804 5396 152 8116 521 980
Profit Before Interest and Taxes1 991 4608 003 3568 483 5578 992 5709 532 125
EBITDA2 054 348 8 256 0938 751 4599 276 5469 833 139
Interest Expense6 28925 27426 79028 39830 101
Taxes Incurred15 512 62 34266 08270 047 74 250
Net Profit 1 969 658 7 915 7408 390 684 8 894 1259 427 773
Net Profit/Sales46.98%46.98%46.98%46.98%46.98%
Detailed Business Plan