Case Study
Client: Freedom
Scenario: Store Network Review
Location: National
Situation
Freedom Executive Team appointed Endeavour Property Advisory to undertake a review of their national store portfolio.
The goal was to benchmark stores based on a series of pre agreed performance metrics.
Action
Understand the clients objectives
Collection and analysis of data (Sales, Customer, Rental, Outgoings, Demographic, Expenses)
Benchmarking of market rental & Outgoings data
Classification of stores into 3 performance categories
Result
Freedom were able to use this data to:
Establish the ideal location for their high performance stores
Determine what constituted a poor performing store
Identify stores that needed to be closed
Grow new stores in areas that meet their high performance metrics