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Compass strategic packet

Vim Beverage

Prepared September 1, 2026

Why we do everything

A business you could sell is a business worth keeping

Everything in this packet exists to move one number. The wheel that moves it has three parts — healthy financials, the three levers of value, capital — and it turns on one foundation: clean books.

ENTERPRISE VALUE $6.68M of $11.8M priced potential ▲ +$2.23M in the top three fixes Healthy financials the Perfect P&L ratios YOU ARE HERE Growth · Margin · Risk the three levers, each priced Capital raise it, deploy it, repeat Clean books the foundation the whole wheel turns on · numbers you can trust

Your business

The Compass

Before any conclusion, we read your business from four directions: who you serve (N), what you're built on (S), how you deliver (W), and how you grow (E).

WHO WHY FINANCIALS STRATEGY ASSETS LABOR FULFILLMENT ACQUISITION Nucleus Evolve Source Work

Hover any point on the dial for a two-line synopsis.

What we heard

Nucleuswho you serve & why they come · north

Vim's customer base splits into two structurally different worlds under one brand: convention and property partners (Sedexo/Las Vegas Convention Center, Mandalay Bay and other MGM-family properties, Caesars, Venetian) who resell Vim's service to their own booth exhibitors, and a smaller direct-to-consumer channel of weddings, offices, and repeat events concentrated in DC/Baltimore and, more recently, Phoenix.

Sourcewhat you're built on · south

Vim's core physical assets are carts, machines, and grinders, sourced almost entirely through one supplier relationship and increasingly through Alibaba to cut cost.

Workhow you deliver & sell · west

Delivery is a physical, crew-based operation staffed around cart count, with separate training tracks for warehouse-based and convention-only baristas.

Evolvehow you earn & grow · east

Vim's revenue streams are clear and well-differentiated by payment timing and channel, but the business runs with real concentration and cash-timing risk: a near-death payroll crunch in January, historical losses in its first two years as all profit was reinvested into equipment, and a cost structure still being actively reclassified and rebuilt rather than mature.

Your scoring

How the conclusion forms

Nine components, scored from your calls and your numbers: click through and watch each one move the read.

OPERATING MODEL GO-TO-MARKET REVENUE PATTERN FOUNDER PROFILE TEAM SHAPE SALES CYCLE MOAT CONCENTRATION RISK APPETITE

Compass framework

The Financial Targets

A Carnival keeps 18-24% of revenue as operating income. These are the framework's own lines for this pattern.

These are the standard Carnival targets, measured as a share of revenue. The shape follows how this pattern earns, and the range at the bottom is what a healthy year keeps. The operator note says it directly: "Lumpy; flatten feast/famine by building continuity offers"

Ad Spend26%The acquisition line, as the framework allocates it for this pattern.
Total Labor29%Split four ways below.
Overheads & G&A18%Keep the fixed base lean.
Legal & Professional3%Contracts and compliance.
Operating Income (EBITDA) 18-24% A range on purpose: judge the cycle, not the single month.
0%15%30%

Inside the 29%: the labor breakdown

The framework splits the 29% four ways. G&A headcount sits in the overhead line, not here.

8%
5%
12%
4%
Fulfillment8%

The delivery team.

Sales5%

The selling seats.

Marketing12%

Demand creation staff.

Ops4%

The core that keeps it running.

Verified financials · trailing 12 months

12-Month Financial Performance

Revenue ran $1.92M at a 64.5% gross margin. The gap to the baseline is labor: 49% of revenue against the 29% target, about $31,982 a month.

TTM Revenue$1.92MJul 25 through Jun 26, from your own sheet.
Operating Income$82,726Gross profit minus labor and overheads across the twelve months.
Operating Margin4.3%Against the 18-24% range.
$53,080Jul 25$43,263Aug 25$164KSep 25$128KOct 25$113KNov 25$102KDec 25$160KJan 26$148KFeb 26$356KMar 26$193KApr 26$281KMay 26$180KJun 26
Trailing 12 months vs the Carnival targets$1,921,815
Acquisition—vs 26%Not split out in these books yet.
Total Labor49.0%vs 29%20% over · ~$32K/mo at current revenue
Overheads & G&A11.3%vs 18%6.7% under · running ~$11K/mo lean
Gross Margin64.5%contextCOGS sits outside the framework lines; shown for reference.
Operating Income4.3%vs 18-24%14-20% below the range.
Apr 26$192,764
Labor45%vs 29%
Overheads13%vs 18%
Op. income11%vs 18-24%
May 26$281,028
Labor42%vs 29%
Overheads14%vs 18%
Op. income7%vs 18-24%
Jun 26$179,803
Labor58%vs 29%
Overheads15%vs 18%
Op. income-13%vs 18-24%

Company forecast · modeled path

The Path Forward

The modeled year: your plan's growth rate, gliding the ratios to the targets. This page shows what hitting them is worth.

Modeled Revenue$2.50MNext 12 months, growing the average month at the plan's 59.8% annual rate.
Modeled Op. Income$397KVersus $82,726 in the trailing 12 months. The labor glide is the difference.
Exit Margin24.3%Month 12, against the 18-24% range.
Labor At TargetMo. 1249% glides to the 29% line, roughly 1.7 points a month.
$100K$200K+1+4+8+12RevenueLaborOp. income

Hover any point on the labor line: the target share that month, and the department envelope it buys.

Ratios vs targets, over the modeled year

LaborTarget 29%
49.0%→29.0%
The reseat. Feeds the margin directly.▼ 20.0pp
OverheadsCeiling 18%
11.3%→11.3%
A ceiling, not a destination.held
Op. IncomeTarget 18-24%
4.3%→24.3%
Follows the labor fix, month by month.▲ 20.0pp
Gross MarginContext
64.5%→64.5%
Held. The engine itself is fine.steady

The exercises: one year, three cost policies

Same gross profit, three ways to let costs follow it. Change any assumption and everything below recomputes.

Gross profit path
Perfect P&L (% of GP)
Personalized (% of GP)
Budgeted team ($/mo)

The stair steps vs the targets

The planned budgets hold flat while the Perfect P&L envelopes rise with gross profit. Where they cross is where the plan earns its ratios.

The war chest

Cash on hand against the 3x-monthly-expenses target.

Cash

The scorecard

The Valuation

The model says $6.68M of enterprise value today. What moves it most: growth, margin, and the risk premium.

Enterprise value · from the saved model $6.68M at a 18.0% discount rate, on $1.92M trailing revenue and the growth path from your own plan.

What moves it most

Growth · annual growth rate+$183KWhat one extra point of annual growth (59.8% today) is worth. Growth compounds through every year of the model.
EBITDA · the margin engine+$612KWhat 5% more EBITDA is worth. This is the Financial Targets section, priced: closing the gap feeds this number directly.

Where the value hides

The discount rate carries 5.8 points of company-specific risk. Cleared entirely, that premium is worth $5.16M more. It comes out one risk at a time:

Risk 1Key-person reliance$1.13M

Today: Heavy reliance. Fixed looks like: Documented bench + SOPs.

Risk 2Customer concentration$743K

Today: >35%. Fixed looks like: <=10%.

Risk 3Revenue channel dependency$357K

Today: High (one >60%). Fixed looks like: Diversified (no single >30%).

The mindset shift

The $100K question is the wrong size. The right question: how does this become millions more of enterprise value? The cards above are that answer, priced. Same business, different mindset.

The conclusion

The story in six headlines

01 · The Compass Your business, read from four directions.
Vim's customer base splits into two structurally different worlds under one brand: convention and property partners (Sedexo/Las Vegas Convention Center, Mandalay Bay and other MGM-family properties, Caesars, Venetian) who resell Vim's service to their own booth exhibitors, and a smaller direct-to-consumer channel of weddings, offices, and repeat events concentrated in DC/Baltimore and, more recently, Phoenix.Vim's core physical assets are carts, machines, and grinders, sourced almost entirely through one supplier relationship and increasingly through Alibaba to cut cost.Delivery is a physical, crew-based operation staffed around cart count, with separate training tracks for warehouse-based and convention-only baristas.Vim's revenue streams are clear and well-differentiated by payment timing and channel, but the business runs with real concentration and cash-timing risk: a near-death payroll crunch in January, historical losses in its first two years as all profit was reinvested into equipment, and a cost structure still being actively reclassified and rebuilt rather than mature.
02 · The Scoring The evidence walked to Carnival.
Concentration scored 5 of 5, the strongest match.Go-to-market scored 1: the clearest mismatch.What the calls could not support was left unscored, not guessed.Carnival 57, Franchise 54, Labyrinth 47.
2629183% OF REVENUE
03 · The Perfect P&L The baseline keeps 18-24% of revenue.
26 ad spend · 29 total labor · 18 overheads · 3 legal & professional, all shares of revenue.Labor splits four ways: 8 fulfill, 5 sales, 12 marketing, 4 ops.The framework's note: lumpy; flatten feast/famine by building continuity offers.
04 · The Performance Labor is the gap: 49% against 29%.
$1.92M of revenue at a 64.5% gross margin.The labor gap costs about $32K a month at today's revenue.Overheads run lean: 11.3% against the 18% ceiling.Operating income landed at 4.3%: $82,726 for the year.
05 · The Path Forward Hit the targets and $82,726 becomes $397K.
Revenue models to $2.50M over the next year.Labor glides 49.0% to 29.0%, at target by month 12.Exit margin 24.3%.A modeled path, built to be argued with.
$6.68M$11.8M
06 · The Valuation $6.68M today. $11.8M priced.
One point of growth is worth $183K.Five percent more EBITDA is worth $612K.Key-person reliance holds back $1.13M; customer concentration $743K.

What you make today, and what grows it long-term. Both, on purpose.