Panel Tek ADU
Housing Meets Tech: We beat standard construction & prefab competitors
https://wefunder.com/paneltek
Total raised on Wefunder: 0
Total investors: 0
Quick facts
- Build in less than a day with easy-to-assemble lightweight panels that need no crane.
- Build for half (42%-54%) of the cost per sq.ft. of traditional ADUs in CA.
- 6 weeks order to delivery.
- Projections assume capturing only 0.18% CA market in year #5. $200M Gross Sales. $85M EBITA.
- Massive market: 21' Los Angles — 44,000 + ADU permits have been issued. Only 12,000 completed.
- 2.5 million ADUs are projected to be built in California in the next 10 years.
- Target customers are homeowners, contractors, realtors, + small developers.
- New ADU financing from Freddie Mac.