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Home > Company Index > Specialty Retail > Sporting Goods Retailing > Grow Biz International, Inc.

Grow Biz International, Inc.
Nasdaq (SC): GBIZ
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 PROFILE
Grow Biz International loves recycling, but it's not collecting cans and paper. Grow Biz franchises retail chains that buy, sell, and consign used goods (and some new items) at about 900 stores throughout the US and Canada. The chains sell sports gear (Play It Again Sports, 70% of sales); children's clothing, toys, and furniture (Once Upon A Child); teen apparel (Plato's Closet); musical equipment (Music Go Round); and tools (ReTool). The company, which owns a dozen of its stores, has a handful of franchises in Austria, Germany, Japan, and Switzerland. Co-founders Jeffrey Dahlberg and Ron Olson own 23% and 24% of Grow Biz, respectively. CEO Morgan and his investment partners own 15%.

 COMPETITION
Gart Sports Company (GRTS)
The Sports Authority, Inc. (TSA)
Wal-Mart Stores, Inc. (WMT)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 47.50
1-Yr. Sales Growth: (28.7)%
Employees: 163
Revenue per employee: $291,411.04

 KEY PEOPLE
• John L. Morgan
    CEO
• Paul F. Kelley
    CFO

 CONTACT INFO
4200 Dahlberg Dr., Ste. 100
Minneapolis, MN 55422
US
Phone: 612-520-8500
Fax: 612-520-8410
Online: Web Site

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