Electronic Drink Machine

1. Electronic Drink Machine Matt Legg Dan Pizzillo Garth Gillespie Travis Hopkins Mohamed Elmiligui http://www.cs.odu.edu/~thopkins/edm

2. Problem Statement Lack of bartender accountability allows inconsistent drink creation through carelessness and theft, subsequently causing loss of profit to bar and club owners and loss of customer satisfaction.

3. The Facts: $10.80 per 1.75L bottle of liquor 39.45 drinks per bottle at 1.500 oz per drink 36.98 drinks per bottle at 1.625 oz per bottle 39.45 drinks – 36.98 drinks = loss of 2.47 drinks per bottle 2.47 drinks * 7 bottles per week = 17.29 drinks per week 17.29 drinks * 52 weeks per year = 899.08 drinks per year $4.00 * 899.08 drinks = $3556.32 per year 3 * $3556.32 = $10,668.96 per year for three bottles per night 4 * $10,668.96 = $42,675.84for four well liquors

4. Our Solution A computer-controlled device that: • Determines ingredients • Measures accurately • Dispenses automatically • Holds bartenders accountable

5. Technical Objectives • Flexible, scalable design • Maintain or increase productivity • Constantly up-to-date database • Integrated Point of Sales system • Accuracy and Accountability

6. Problems EDM Will Solve • Human error • Short-ring • Phantom bottle • Drinks given away

7. FDA Compliance • Cleaned every 16 hours of use • Frequently cleaned surfaces must be constructed of stainless steel • Semi-automated cleaning with hot water and sanitizing solution circulated through the system

8. Alcohol Law Compliance • Responsibility of the owner • Unaffected by EDM • Legal Reference: http://leg1.state.va.us/000/reg/TOC03005.HTM

9. Societal Issues • Does not alter current bar scheme • Does not replace bartenders • Does not make contact with customers • Is not marketed to individuals

10. Scientific Merit • This technology could revolutionize: • Confectionary Industry • Medical Industry • Chemical Industry

11. Technical Innovations • Computer managed liquid delivery • Fast and accurate mixing and dispensing from multiple sources • Automated cleaning that meets federal guidelines

12. Problems EDM Won’t Solve • Substitutions • Short changed customers • Changed credit card tips • Drink price misinformation

13. Step-by-step Scenario • Customer orders a mixed drink • Bartender puts a glass in EDM • Bartender selects drink on monitor • EDM dispenses the drink accurately • Bartender serves the drink

14. Screenshot 1

15. Screenshot 2

16. Screenshot 3

18. Components • $349.00 - Dell Power Edge SC Server • $643.91 - ELO 12" Flat Touch Screen • $279.00 - NuDaq PCI 7200 32 Channel I/O Card • $5222.40 - 128 Micro air pumps ($40.20 / pump) • $1772.80 - 128 lines at 50ft (27.70 per 100ft) • $384.00 – 128-line valve controller array • $8574.31 – Total cost of parts

19. Pricing • $8574.31 – Hardware • $1500.00 – Installation • $14925.69 – Mark Up • $25,000.00 – Total Cost to Purchaser • $10,000.00 – Yearly Maintenance Fee

20. Management Plan

21. Phase I Staffing Plan and Budget

22. Phase II Staffing Plan and Budget

23. Phase III Staffing Plan and Budget

24. First Out Year Staffing Plan and Budget

25. Subsequent Out Years Staffing Plan and Budget

26. Resource Plan and Budget – Phase I, II, III

27. Resource Plan and Budget – Out Years

28. Phase I, II, III Product Budget • $334,215 – Human Resources • $152,735 – Hard Resources • $486,949– Total Budget

29. Funding Plan • National Restaurant Association Educational Foundation http://www.nraef.org/ • National Business Association http://www.nationalbusiness.org/ • Restaurant Business Plan http://www.restaurantfunds.com/

30. Marketing Plan • Marketed to high-volume clubs, bars, and restaurants • First model installed at club to gain: • Profit Data • Technical Data • Owner’s Testimonials • Use acquired data to market the EDM

31. Potential Market • The New York City metropolitan area alone has over 1640 bars and clubs • If EDM were sold to only 10% of these bars, $6,565,169.51 of profit would be earned in just that area

32. EDM Profits

33. Purchaser’s Profits

34. Phase I

35. Phase II

36. Phase III

37. Development Issues • POS Software • Database Software • Centralized Update Software • Dispenser Software • Dispenser Hardware • Integration & Testing

38. Evaluation Plan • Success will be achieved when: • All technical objectives have been met • All expected goals have been realized • Earnings have met or surpassed the requirements defined by the project schedule

39. Conclusion With the Electronic Drink Machine: • Bar and club owners will profit • Our investors will profit

40. Questions?