AERICAN KIOSK CORPORATION
Business: FastÿDRIVE-THRU and in convenience store Pizza kiosks IPO/ITD: JUNE 1, 1998 Symbol: AKIS July 30, 1998ÿPrice: $1.50 52 wk Range:ÿ $1.00 - $ 2.375 Shares Outstanding: 3.5 million Est. public Float: 900,000 Management held: 50%+ Long Term Debt: None Contact: James Dryer and Jeff Plankÿ 800-925-7856 Web Site: americankiosk.com
THE WORLD'S FIRST-EVER DRIVE THRU PIZZA IN JUST 2.5 MINUTES!!
BUSINESS SUMMARY American Kiosk Corporation (OTC: AKIS) has introduced Pizza Place, the nation's first drive-thru pizzeria franchise that serves a fresh, hot, brickoven pizza in 2 1/2 minutes, perfect every time. The company leverages the market presence of established, well-respected organizations like The Pepsi-Cola Bottling Company of Ft. Lauderdale/ Palm Beach and Cheney Bros. to create mass appeal and professional service and support.
INDUSTRY OVERVIEW Americans eat about 100 acres of pizza daily, or 350 slices per second. Total annual pizza sales have soared to 4 billion, ringing in $35 billion industry-wide. Drive-thru is growing in popularity: 3.5 billion meals were consumed while riding in a car last year, up 26% from 1990. A Gallup Poll reports that children between the ages of 3 to 11 prefer pizza over all other food groups for lunch and dinner. POWERFULÿ MARKET STRATEGY Market strategy is based on two strong premises: Pizza is America's #1 take-out food and today's consumer is hooked on drive-thru speed and convenience.
Most people don't eat pizza on-the-go or for lunch because it takes 20 to 30 minutes to cook a fresh pizza. Pizza Place, on the other hand, creates a new fast-food market niche by keeping pizza delivery simple and quick < and for prospective franchise owners, a low entry point for startup: as little as $89,900 per location. UNIQUE OVEN &ÿ TURN-KEY DESIGN Pizza Place's secret is a unique, patented brick oven. The result: A piping-hot, crispy-crust, pizzeria-style personal pizza in 2.5 min. The oven won "Best Overall New Product" at the 1997 Restaurant and Food Service Show in New York. "The pizza is excellent [and] customers really like it," remarked Edward Scharnikow, manager of Scoreboard sports bar in Abington, PA. A Pizza Place franchise is designed to be totally turn-key and run by absentee owners; virtually no food preparation required, only two employees needed<at most.
WHY FRANCHISE? As today's fastest-growing small businesses, franchises are expected to distribute half the nation's retail goods by the year 2000. About 600,000 franchise outlets in the U.S. accounted for $860 billion in total sales last year<growing at a clip of 12-15% per year.
REVENUE BREAKOUT If the company accomplishes its goal of 200 franchises by next year, it could realize more than $16 million in just franchise sales, plus 5% royalties and pizza profits.
IN-STORE STORE KIOSK: A newly-introduced convenience store kiosk could dwarf all other sales: Get a pizza while you pump! See the details at AKIS web site: americankiosk.com
________________________________________________ Marc Stager |