Preview

Case 6: the Grande General Store

Satisfactory Essays
Open Document
Open Document
241 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Case 6: the Grande General Store
I think this business is worth buying because of all the room for growth opportunities not only in the original store and warehouse, but also on the land surrounding the store. There are seven acres of land which can be converted into new buildings, parking lots, or other businesses added onto the lot. The Grande General store has many state-of-the art equipment already upgraded on the 1948 building, giving it that extra leg up than other older businesses that may not have any upgrades to it. I would be wiling to invest at least $900,000 in buying the property because just with the assessed value of the current assets, the Grandes have found it to be worth $850,000. Me paying $900,000 would cover the costs of the land, buildings, equipment, and inventory, and then I know I will make my money back on the inventory and increase my profits by building onto the property and making more room for sales.
Denver is a moderate- to high-growth region with many plans for new malls, houses, and schools. If I bought this property, with 7 acres I could build onto it to create more stores as well. I know the area would be successful, as the Grande General Store already has its loyal customers, and I would create more customers and generate more revenue by possibly expanding the store, or adding new stores to the

You May Also Find These Documents Helpful

  • Good Essays

    Case 7.1 Handy Andy, Inc.

    • 782 Words
    • 3 Pages

    It appears that the factory distributors are exploiting the licensed retailers. Yet from what we can tell, Handy Andy in St. Lois has heard no complaints from the licensed retailers. Why wouldn’t they complain?…

    • 782 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    This report will examine the commercial property that Concordia Real Estate Inc is considering as a potential investment opportunity. The project is being evaluated over an investment horizon of twenty years with total costs estimated to be approximately $20.06M. If accepted, Concordia Real Estate Inc plans to finance the project entirely with cash. The investment’s profitability will be analyzed using several key financial indicators. Based on the results of the analysis a recommendation will be made as to whether or not the project should be accepted. The key results of the analysis are listed below:…

    • 3248 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Case 11-3

    • 1134 Words
    • 5 Pages

    Saturn and Venus, form Jupiter, a joint venture. Saturn owns 51 percent of Jupiter and Venus owns 49 percent of Jupiter. The purpose of Jupiter is to own and operate organic clothing design and manufacturing facilities and sell organic clothing to unrelated retailers. When Jupiter was formed, Saturn contributed $561 million to Jupiter and Venus contributed four manufacturing facilities with an assembled workforce, with a total fair value of $539 million to Jupiter. Venus was looking to exit its clothing manufacturing business, as this business no longer was a strategic fit for Venus. However, Saturn was looking to expand its footprint in the…

    • 1134 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    writing a formal letter

    • 381 Words
    • 2 Pages

    My village already contains shops that can provide the necessaties that you have promised to the people living in Marbleton village. If you build a Marbleton superstore you will be putting a lot of good honest people out of a job, how would you like it if you have worked hard all of your life trying to make ends meat to support your family people you hold dear, just to end up losing your job and home because a new shop has taken over? cannot fathom the reasoning behind wanting to desmantile a beauteous, spectactular and phenominal segment of land. Also Maddisons has been said to be the largest superstore chain in the North East, with this in mind why do you find it essitial to expand your ‘large’ company even more? In my oppinion it is vital that Marbleton Woods, and My local skate park remain as it is, as you are aware or should be aware the world’s most number one problem is ‘pollution’, therefore by wiping out a natural environmental landscape which is what wild animals class as their home suhc as; squirrels, fox’s, birds... inorder to replace it with a building that is only benificial to your profit margine, not only is that dispicable but it is inhuman.…

    • 381 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Case 2 Whole Foods

    • 1291 Words
    • 37 Pages

    1. What is your opinion about John Mackey’s social mission at Whole Foods as a corporate strategy? Discuss the specific values in his “Declaration of Interdependence.” John Mackey explained that the concept of Whole Foods was patterned after Maslow’s human hierarchy of needs theory. This stated that human beings, once their need for food and safety was met, would aspire to fulfill their needs for belonging, community and beauty. John Mackey also stated that his desire was to promote the well being of the people and the earth. He frequently describes himself as a “caring person who wants human’s to flourish.” He is an evangelist for Conscious Capitalism a philosophy stating that businesses can profit from having passion and purpose. John Mackey basically geared his business towards looking out for not only the environment but also the whole human. In my opinion, John Mackey’s integration of his social mission as a corporate strategy was a great idea because companies with a social mission have a competitive edge. Firstly, consumers, suppliers and the press will always talk about a company with a strong social mission. For example, ABC News did a 2013 documentary “Whole Foods: How Radical CEO Created Grocery Empire” which brought John Mackey’s philosophy to the spotlight thus increasing press for the company. Secondly, consumers are inclined to support a company that truly cares about their wellbeing and make a positive on the world. Lastly, people want to work for an employer who respects their ideas and treat them as “equal stakeholders.” The end result is more productivity and happy consumers because employees are happy so they advocate for the business. It is evident that this strategy is working for Whole Foods since it is a billion dollar company and is one of the largest specialist natural food chains in the United States. John Mackey’s Declaration of Interdependence was centralized around a stakeholder philosophy where all interested…

    • 1291 Words
    • 37 Pages
    Powerful Essays
  • Good Essays

    Case 07-2

    • 683 Words
    • 3 Pages

    Western Aluminum, INC expanded its operations through the acquisition of Smelter. By the end of 2007, Smelter is projected to produce 30% of Western Aluminum’s inventory. Western Aluminum evaluated its current practices in comparison to Smelters current FIFO Inventory management system and issued a proposal to change their inventory valuation method from LIFO to FIFO.…

    • 683 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Case 11-4

    • 1095 Words
    • 5 Pages

    Sparkle Company is a Nigerian diamond mining company. Sparkle is a joint venture, 50 percent owned by Shine and 50 percent owned by Brighten. Both Shine and Brighten are U.S.-based companies with their functional currency being the American dollar. Sparkle Companies functional currency is that of Nigeria, being the Naira. During 2009, Sparkle had several transactions with its joint venture owners and outside parties. The details of Sparkle’s transactions are three loans, three expenditures, and one revenue stream. The loans the company took out were $1 million from Brighten, $1 million from Shine, and 300 million Naira from a local Nigerian bank. The expenditures for 2009 included 850 million Naira on local labor, 75 million Naira on operating expenses, and $15 million on machinery. The revenue streams for the current period for Sparkle are $35 million in sales within the United States, which equals 80 percent of total sales. According to the joint venture agreement, all sales proceeds are retained by Sparkle as long as control is equally divided between Shine and Brighten. Direct sales transactions with Shine and Brighten are considered to be relatively small.…

    • 1095 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    case 12-3

    • 1843 Words
    • 8 Pages

    Energy Inc. (Energy, or the Company), which operates in the oil industry, is a U.S. subsidiary of a U.K. entity that prepares its financial statements in accordance with IFRS and U.S. GAAP. A draft law in a country where Energy operates in, which requires a cleanup of land already contaminated, will possibly be enacted shortly after the year-end.…

    • 1843 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    The Grande General Store is a family owned business that has been in the family for several generations. The current owner-operators have grown children; however, the children are not interested in following in the family footsteps. Rocky and Anita Grande are getting up in age and are getting tired of running the store. With no one in line to run the store, they have decided to sell the business.…

    • 1280 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Trader Joe's Case

    • 378 Words
    • 2 Pages

    Trader Joe’s is an up and rising supermarket that is upbeat and even has employees wear Hawaiian shirt. This gives it a more relaxed and enjoyable shopping environment. The company selects small stores and only keeps about 4000 stock-keeping units. Eighty percent of those units contain the Trader Joe’s brand. This initiates a quick turnover over rate. Trader Joe’s usual customers are college educated people living in urban areas and also college kids. The company makes it easier for these customers to buy different variety of items buy not having too much diversity that would cause shopping paralysis. With lower variety, Trader Joe’s can control quality much more effectively then it would with more options. Their product line has similar popular products that other supermarkets have but it is under the Trader Joe’s brand. The company also looks to find new interesting foods that I can add to the supermarket rather than following trends it tries to set the trends. It has options from basic organic fruits to exotic food like Belgian butter waffle cookies. When it comes to distribution; Trader Joe’s purchases directly from the manufacturers and then ships the products right to Trader Joe’s distribution centers.…

    • 378 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Case 1 Trader Joes

    • 396 Words
    • 2 Pages

    In my opinion the value chain at Trader Joe’s begins with its employees and the methods utilized by Trader Joe’s to make them good at providing excellent customer service. “Employees are encourage to taste and learn about the product” this results in employees who are able to share their experience and expertise of the products they are selling to the consumer. Creating a helpful and customer service environment, which consumers appreciate.…

    • 396 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Pearland Town Center is a fairly new shopping center that is comprised of more than 80 small and big name retail stores that includes a number of restaurant chains, i.e., HEB, Academy, Dillard’s, Macy’s, Burlington Coat Factory, Lupe Tortillas, Chili’s, Olive Garden, Gringos, etc. These businesses have created approximately 1,500 jobs and are positioned to generate 250 million dollars in annual sales. Pearland Town Center has positioned itself conveniently outside of an upscale subdivision, Shadow Creek Ranch, with homes ranging from 150,000 to 1 million dollars. When completed, this subdivision will offer over 7,000 new homes to future Pearland residents that will eventually create and harvest a more robust economy for the city. One is only to assume that as the population growth rate for Pearland is on a steady increase, and families continue to establish themselves, that this city will offer more opportunities for the next generation of Pearland…

    • 1312 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    In this Case Judy Allison is coming over to close a sale with Bill Taylor. Judy is a salesperson for cellular phones. She called the company first and dropped of a sample for the executives to try them out. The executives really liked them so they decided to order four cellular phones. Judy Allison, the salesperson promises to drop of the ordered phones tomorrow and the deal is almost closed. After talking about the great benefits of the cellular phones suddenly the conversation is going in a completely different direction, where the buyer comes up with the subject that the salespersons product carries a certain risk of causing cancer. The Buyer points out that many companies have not acquired cellular phones because of that reason yet. Judy Allison should not really respond to that risk but should rather nicely try to get out of the conversation and leave. Although the Buyer already gave her the order she should not consider the sale final until she has the buyer’s money. Referring to the risk of cancer the buyer can still change his mind even though he gave the salesperson the order already. It would be unwise to continue talking about the phones or even the fact that they carry the risk of causing cancer at this point because the buyer might changes his mind and decides not to buy the phones. It is very important to finalize the sale as quick as possible after the buyer decides to make the sale. The Bill Taylor even might asks himself after the salesperson leaves if he has made the right decision or if he is putting the people that are using the cellular phones in danger. However it is a lot harder for Bill Taylor to change his mind and not make the sale without Judy Allison being there. This is just another reason why the salesperson should leave right after making the sale because with the sales person already having left it would take a lot more effort to recall the sale for the…

    • 345 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Case 5 - 69

    • 966 Words
    • 4 Pages

    1.0 Compute the target prices for the three models, based on the traditional, volume-based product costing system.…

    • 966 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Bus/205 Final

    • 1011 Words
    • 5 Pages

    My two brothers and I have brainstormed the business and searched for correct cliental and store front to operate from in Boston. Our quest started with the creation of a marketing search that had the correct demographic for the product we were going to attempt to sell. We based the decision for placing our store on the last demographic study by the City of Boston by the city goveremnt. This showed a large population of white of white residents 85% with a household income of $117,000 versus $62,000 for the city of Boston average with a population growth rate of 3.06% with the white families consisting of 56.82% of this rate growth. (City Of Boston.gov, n.d.). This was the target consumer we are basing our sales on and felt this would give us the best chance to have success.…

    • 1011 Words
    • 5 Pages
    Powerful Essays