| | Business Summary | | Grow
Biz
International,
Inc.
is
a
franchisor
of
five
retail
brands
that
buy,
sell,
trade
and
consign
merchandise.
The
Company
offers
licenses
to
operate
retail
stores
using
the
service
marks
"Play
It
Again
Sports",
"Once
Upon
A
Child",
"Music
Go
Round",
"ReTool"
and
"Plato's
Closet".
Each
brand
operates
in
a
different
industry
and
provides
the
consumer
with
high
value
retailing.
The
initial
franchise
fee
for
a
first
store
is
$20,000
for
all
brands.
In
addition,
the
Company
sells
inventory
to
its
Play
It
Again
Sports
franchisees
through
its
"Buying
Group,"
and
operates
retail
stores. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Grow
Biz
International
offers
licenses
to
operate
retail
stores
using
the
service
marks
``Play
It
Again
Sports'',
``Once
Upon
A
Child'',
``Music
Go
Round'',
``Retool'',
``Plato's
Closet''
and
others.
For
the
six
months
ended
6/30/01,
revenues
fell
26%
to
$18.6
million.
Net
income
totalled
$1.4
million
vs.
a
loss
of
$1.8
million.
Revenues
reflect
the
sale
of
Computer
Renaissance
stores.
Earnings
benefitted
from
increased
emphasis
on
higher
margin
sales. | | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| John Morgan, 58
Chairman,
CEO | -- | Stephen Briggs
Pres,
COO, Director | -- | Ronald Olson, 59
Vice
Chairman | $286K | Taylor Bond, 38
Pres,
Computer Rnaissance Division | -- | Ted Manley, 50
Exec.
VP, Operations | 204K | | Dollar amounts are as of 25-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/g/gbiz.gif)