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Old Friends

Old Friends. Ashley Litoff, Anna Hogan, Kathryn Evans, and Lauren Mendicino. Location. Located at 706 Front Street in Louisville, CO. Phone #: 303-665-8886. Business Hours: 10 am- 6pm, Monday thru Saturday. Website still being produced. About Old Friends. Founded in early 2010.

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Old Friends

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  1. Old Friends Ashley Litoff, Anna Hogan, Kathryn Evans, and Lauren Mendicino

  2. Location • Located at 706 Front Street in Louisville, CO. • Phone #: 303-665-8886. • Business Hours: 10 am- 6pm, Monday thru Saturday. • Website still being produced.

  3. About Old Friends • Founded in early 2010. • Owners are Doug Evans and Wendy Atkin. • Business Description: A furniture store. • Owners are “old friends” since childhood.

  4. More Information • Evidence of Social Responsibility: Business donates to local schools (Louisville Elementary) and charities. • Form of Business Ownership: Old Friends is a LLC (Limited Liability Company). • No Senior Officers.

  5. Struggles and Successes Risks- • Founded company with own personal income. • Economy down, hard to start new business. Success- • Louisville summer Street Faires, brings in free advertising.

  6. Resources Utilized and Figures • Old Friends contains no employees, which helps the business to decrease expenses and increase their profit. • Sales Figures (Sept.)- an estimated income of $20,000. • No natural resources are utilized at Old Friends. • There are no sales trends for over 10 years.

  7. Types of Merchandise Sold • Furniture • Antiques • Home Goods

  8. More Merchandise • Seasonal/ Holiday Items • Jewelry • Local Artwork

  9. About the Merchandise • Brands: HW Home, many artists from Louisville and Boulder, Antiques found from all around CO. • Targeted Customers: Mainly homeowners, residents ofsurrounding towns, Lafayette, Broomfield, Superior, Boulder. • Total Population of Louisville, CO: 28,480 • Total # of households in Louisville: 11,462 • % of people 18 years or older: 75.5%

  10. Branches and Competitors • There is only one store of Old Friends, no branches, no divisions, etc. • Main competitors of Old Friends: Fuzzy Antler (furniture store in Louisville), Bronze Elk (mountain home store in Louisville), and Feather Thy Nest (antique shop in Boulder).

  11. THE END

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