mark adwell
tampa, FL (USA)
Role(s):
Manager/Supervisor
prefer to keep private at this stage
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Startup
Location:
tampa
Industry:
Retail/Clothing
Year Founded:
1979
Number Employees:
1-10 people
Description:
Recognized retail flower shop. $1M operation in 2001/2002, Poor management decisions created loss of sales, marketshare, and increased debt.
Managment resigned in 2006 as profitability was absent and continued increases debt as sales continued on a downward trend. New management instituted customer service, quality, and sales mechanisms which have translated into increases in sales revenues, regaining marketshare, debt however saddles the company from achieving profitability.
Goal: Is to aquire investment/funds to purchase business from current owners, arrange for workouts with suppliers and lenders to reduce overall debt, and continue to focus on strengthing the increasing revenue trend towards a profitable bottom line.