Presenting: SellBuddy – Sustainable Furniture Selling, Simplified

SellBuddy (https://sell-buddy.com/) – Co-Founder Josh Deal presenting, provides an effortless way to sell old furniture and find high-quality, affordable pieces. With a simple photo submission, SellBuddy picks up your unwanted furniture for free, sells it, and sends you a check – all while keeping items out of landfills and making shopping for secondhand furniture stress-free and sustainable.

Getting rid of old furniture sucks, and meeting strangers from online marketplaces can feel unsafe. Buying second hand furniture is just as bad — misrepresented items and potential murders lurk behind every listing. SellBuddy fixes these problems: text photos of your furniture, they pick it up for free the next day, sell it for you, and send you a check. Buyers get quality name-brand furniture that’s inspected and cleaned at up to 90% off retail with cheap delivery anywhere. Safe, simple, affordable, and stress-free for both sellers and buyers.

Our target market is busy professionals and families in the US who need a safe and hassle-free way to buy or sell furniture & are willing to pay for convenience and reliable service. Our competition includes the individual sellers on Facebook Marketplace and Craigslist, AptDeco, Chairish, and Kaiyo. Our competitive advantage is brand/momentum, data, proprietary software, process innovation, and the fact that you can’t code this in your mom’s basement on a Saturday.

The total market size in 2023 is $34 billion with a CAGR of 7.7% and the total estimated market revenue from organized companies in 2023 is $500 million to $1 billion.

Top 3 challenges:
– Logistics & warehousing: though we’re small now, routing/scheduling efficiently and utilizing space optimally will increase in difficulty as we grow.
– Marketplace dynamics: balancing furniture supply & demand, pricing furniture correctly, and screening for quality furniture.
– Software: automating and facilitating the 100+ things that need to go right for us to generate revenue.

Our Pitch Boulder ask: I’m trying to understand what aspects of my pitch are most important to an angel investor so I can efficiently convince them to invest. I’d greatly appreciate feedback from an angel investor’s perspective.