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BUSINESS DETAILS (continued) <br />Is the facility owned <br />orleased? <br />54',6 <br />6{D.'•u <br />46'a <br />4" <br />20% <br />0% <br />Owned Leased No response <br />Has the company ownership <br />changed? <br />$0% <br />60% <br />` 25'6 <br />20% <br />0% <br />Yes No No response <br />Does this company have a <br />succession plan? <br />30% 71% <br />60% <br />40% 293'. <br />2096 <br />0p,�% V ryr0 <br />"'es No No response <br />These factors contributed to change in sales: <br />Just opened in October 2016 - weekends they serve over 1500 people <br />Demand for quality food <br />Building expansion, more services <br />Need for workers <br />They just moved in February 1, 2017 to their current location <br />Purchased three machines, added a defense contract <br />Moved from Ramsey to Elk River, renovated a run down building, utilized a Blighted micro loan <br />and a forgiveable loan <br />New services and word of mouth <br />Diversified - able to work on RV's, collision center with paint bay <br />Offering more services <br />Recently opened <br />Sales went down due to the fishing limits <br />Limited competition <br />New fitness coaching services <br />Still new to the community, corporate marketing (not local) <br />GREATER MSP" <br />Minneapolis Saint Paul Regional Economic Development Partnership <br />2 <br />Status of Company Sales <br />Over Past Year <br />60% <br />5 C•' <br />50% <br />3B% <br />40% <br />30% <br />20% <br />1 <br />1 <br />3'6 <br />10% <br />0% <br />4 <br />0% <br />M <br />Decremed Been Incremed Fu.-tuated <br />No <br />relatve'y v: dey <br />response <br />stab !e <br />These factors contributed to change in sales: <br />Just opened in October 2016 - weekends they serve over 1500 people <br />Demand for quality food <br />Building expansion, more services <br />Need for workers <br />They just moved in February 1, 2017 to their current location <br />Purchased three machines, added a defense contract <br />Moved from Ramsey to Elk River, renovated a run down building, utilized a Blighted micro loan <br />and a forgiveable loan <br />New services and word of mouth <br />Diversified - able to work on RV's, collision center with paint bay <br />Offering more services <br />Recently opened <br />Sales went down due to the fishing limits <br />Limited competition <br />New fitness coaching services <br />Still new to the community, corporate marketing (not local) <br />GREATER MSP" <br />Minneapolis Saint Paul Regional Economic Development Partnership <br />2 <br />