Marc Bezek
Mooresville, NC (USA)
Role(s):
Other
NFRS
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Startup
Location:
Mooresville
Industry:
Retail/Clothing
Year Founded:
1990
Number Employees:
500-1000 people
Description:
NFRS, a mall-based specialty retailer of action sports related apparel and accessories under a nearly 20 year old brand. Stores range in size from 900 to 2,500 sqft and are enjoying very good results in the face of tough economic conditions. Average unit volumes are $1mm (sales per square foot of $567) with EBITDA margins of over 14%. Average store build out costs including inventory of 300k to 400k assuming no landlord allowances.