The "No-OpEx" Disruption
OverIT is acquiring 455 Glen Iris Dr NE to launch a unique "Experience Center" that powers three interlocking business lines. In a high-interest economy, we displace legacy vendors (DoorKing) by eliminating monthly fees, creating a recession-resilient revenue model.
Ability to Repay Analysis
Toggle scenarios to stress-test the business model against the debt service.
Combined revenue after COGS from all 3 lines.
Conservatively estimated at 10% of Contribution.
Target > 1.25x. (NOI / $55,200 Debt Svc)
Cash Flow vs. Debt Service Requirement
Revenue Source Diversification
Conservative Scenario Assumption: Based solely on minimum viable capacity of the Training Studio and Enablement services. Assumes ZERO revenue from large Retail rollouts or Multi-family retrofits to demonstrate the "Floor" safety net.
Three Synergistic Business Lines
The property acts as the central hub (Experience Center) that supports three distinct but related revenue streams. This ecosystem design ensures that a slowdown in one sector (e.g., Construction) is offset by demand in another (e.g., Cost-cutting Retrofits).
1. National Training Studio
The Glen Iris property serves as a certified training facility for Ubiquiti installers.
- ✓ High-margin tuition revenue.
- ✓ Feeds the "Installer Network" for other business lines.
- ✓ Covers base property OPEX entirely.
2. The "DoorKing Killer"
Replacing legacy telephone-entry systems in Condos/HOAs with subscription-free UniFi Access.
- ✓ Counter-Cyclical: Sells well in recessions (cuts costs).
- ✓ High demand from frustrated HOAs.
- ✓ Project Enablement fees per door.
3. Retail Modernization
Standardized network rollouts for multi-location retail brands (10-50 locations).
- ✓ Scalable 15% uplift model.
- ✓ Leverages MSP partners for labor.
- ✓ Experience Center builds trust for large contracts.
Why the "DoorKing Killer" Works
In a recession, HOAs panic about monthly fees. We offer a Capital Expenditure (CapEx) solution that eliminates the Operating Expense (OpEx) of phone lines and cellular contracts.
The hardware pays for itself in just 16 Months purely from cancelled phone/subscription bills.
Cumulative Cost Comparison (3 Years)
Risk Assessment & Collateral
Risk Mitigation Factors
Recession Resilience
Our "No Subscription" pitch becomes 2x more effective as interest rates rise and clients cut monthly costs.
Diversified Revenue
Training revenue provides a stable floor that covers debt service, independent of hardware sales cycles.
Hardware Dependency
Reliance on Ubiquiti supply chain. Mitigation: Supply chain issues (2021-23) are resolved; we hold buffer stock.
Use of Funds & Collateral
| Category | Amount |
|---|---|
| Real Estate Acquisition | $640,000 |
| Leasehold Improvements | $50,000 |
| Equip. & Working Capital | $110,000 |
| Total Project Cost | $800,000 |