The Grande General Store, Est.1948 Essay - 1274 Words

The Grande General Store, EST. 1948 The purpose of this paper is to discuss Case #6 in the student text regarding The Grand General Store. 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. The Grande General store is located on the outer edges of Denver, Colorado. The store is well know and well respected amongst the local community. The current employees are also dedicated to the store and†¦show more content†¦The Grande’s have done a good job of up keeping the buildings and equipment. They have an upgraded fleet of delivery trucks and forklifts. The store has a flavor of the original 1948 building exterior; however, the inside is modern with a mix of the original fixtures. The income statement provided represents the financials for a five year reporting period - 1998 to 2002. Income (Profit and Loss) Statement Summary: 1998 – 2002 (in 000s) 1998 1999 2000 2001 2002 Sales $1,100 $1,215 $1,500 $1,800 $2,200 Net Income $35 $66 $118 $181 $287 Net Cash Flow for Operations: 1998 – 2002 (in 000s) Net Cash Flow $69 $84 $110 $187 $236 Balance Sheet Summary: January 1, 1998 – 2002 (in 000s) 1998 1999 2000 2001 2002 Cash $12 $19 $22 $23 $21 Owners Equity $686 $683 $647 $623 $613 The total current Assessed value is $850,000. During this time, Denver is on a growing trend and projected to continue. In the local area, new housing, new neighborhoods, new malls, and even schools are under way or in the planning stages. The Grande property is large and there are plenty of expansion options. The Grande’s have not come up with an asking price, but the local banks have offered to provide a 15-year note for a max of $624,000. Question 1 Before deciding to purchase a business, in this case one must weigh the pros and cons of purchasing an existing business. If I were interested in hardware and construction, this would definitely be anShow MoreRelatedMetz Film Language a Semiotics of the Cinema PDF100902 Words   |  316 Pagesalthough many of the passages in it have been published. In attempting to improve the phrasing of the original articles, in adding notes wherever necessary to account for more recent developments, and, finally, in striving, in Chapter 5, to give a general and current description of the main problems at issue, my goal has been, in the still new and developing field of film semiotics, to present the reader with a work as coherent and up-to-date as its nature permits. I wish to express my thanks to theRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagesfact that the most recent phase of the human experience is usually covered only at the end of a multiterm sequence of world history units has meant that it often ends up becoming a rushed add-on of rather random, abbreviated capsule summaries and general overviews. In view of the fact that no phase of history can begin to match the twentieth century in terms of the extent to which it has shaped the contemporary world, this marginalization is particularly pernicious and has been at times literally