Parking Lot Pick Up & In-Store Pick Up

Hypotherical Setup:

Number of In-store Smart Lockers installed:

4

Number of Curbside Smart Lockers installed:

2

Number of Parking Lot Pick Up Stations installed:
Faster Service than 3 drive-thru lanes & Cost is 75% less

3

Summary:

Initial Investment:

65,125.48

Total Yearly Cost:

2176.11

Expected Yearly Savings:

147,191.70

Expected Yearly Cost Based ROI:
Expected Yearly Savings (147,191.70) - Total Yearly Cost (2176.11)

145,015.59

Expected Yearly Percent Based ROI:
(Cost Basis 145,015.59 / Initial Investment 65,125.48 as percentage)

222.67

To view details click here.

Parking Lot Pick Up

Hypothetical Setup:

Number of Parking Lot Pick Up Stations installed:
(Faster Service than 3 drive-thru lanes)
(Initial Cost is 75% less)

3

Summary:

Initial Investment:

58,410.00

Total Yearly Cost:

932.73

Expected Yearly Savings:

98,127.70

Expected Yearly Cost Based ROI:
Expected Yearly Savings (98,127.70) - Total Yearly Cost (932.73)

97,194.97

Expected Yearly Percent Based ROI:
(Cost Basis 97,194.97 / Initial Investment 58,410.00 as percentage)

166.40

To view details click here.

In-Store & Curbside Pick Up

Hypothetical Setup:

Number of In-store Smart Lockers installed:

4

Number of Curbside Smart Lockers installed:

2

Initial Investment (Sprint-Thru):

In-store Smart Lockers (4):

1,996.00

Computer (Not Sold by Sprint-Thru):

799.00

1 Additional Screen (Not Sold by Sprint-Thru):

199.00

Curbside Smart Lockers (2):

998.00

1 Additional Screen (Not Sold by Sprint-Thru):

199.00

In-store Payment Terminals (3):

1,500.00

Installation Cost 10% of Total Equipment Cost:

569.10

Sales Tax (Assumed at 8.00%):

455.28

Total Cost including Installation and Sales Tax:

6715.38

Recurring Cost (Sprint-Thru):

Signage Licensing Fee:

0.00

Sprint-Thru software as a service subscription fee:

0.00

iPoster QR Code download Fee:

0.00

In-Store Smart Lockers monthly subscription (4):
(39.99 for first Smart Locker and 3.99 for any additional Smart Locker)

51.96

Curbside Smart Lockers monthly subscription (2):
(39.99 for first Smart Locker and 3.99 for any additional Smart Locker)

43.98

Total monthly subscription cost:

95.94

Total yearly subscription cost:

1151.28

Yearly Tax (Based on 8.00%):

92.10

Total yearly cost:

1243.38

Expected Recurring Savings (Sprint-Thru):

Reduction in Employee Count:

1

Reduction in pick up time (seconds):
(Based on unlimited ordering and pick up simultaneously & without wait in line)

60.00

Potential gain in revenue 114383.40 / 450 * 150 = 38,127.80:
(Based on Insight Drive-Thru report of 9531.95 for each 5 seconds reduction)
(Prorated only for in-store pick up)

38,127.80

Potential gain in profit:
(Profit is calculated as 50% of revenue)

19,063.90

Reduction in Employee Cost for reduction in Employee Count (1):
(30,000.00 per employee including tax and benefits)

30,000.00

Total reduction in cost per year:

49,063.90

Return On Investment (Sprint-Thru):

Cost Basis:
(Yearly savings 49,063.90 - yearly cost 1243.38)

47,820.52

Percent Basis:
(Cost Basis 47820.52 / Initial Investment 6715.38 as percentage)

712.10

To view summary click here.