Investment Drivers
Situated for accelerated unit store growth
Compelling store metrics
- Comparable Store Revenue growth of approximately 18% in 2004
- Average Revenue per Store of $399,000
- Store Gross Margin in 2004 of 38.5%
Management team with proven experience in executing on de novo store and acquisition growth strategies
Focused on continuous improvement through operational excellence
Meaningful cash flow and flexible balance sheet
- 2004 net income of $18.5 million
- No Debt; available cash for growth