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Follow on Google News | Kid Ventures Achieves Double-Digit Growth in July, AugustBoth locations see increase in revenue, net profit margin over two-month period
By: Kid Ventures The growth is attributed to improvements in its business model along with the implementation of operational and sales strategies designed to enhance top line store revenue while maximizing bottom line store profits. “This further validates the position of our strong competitive advantage alongside a fast growing market and we’re continually excited for the opportunities we’ll create for our investors who join in our expansion strategy,”said Darren Solomon, Co-founder of Kid Ventures. “We are poised to be the leader in this industry by creating a one-of-a-kind “edutainment” Kid Ventures year-over-year same store sales for its newest 4S Ranch location averaged a 55 percent increase for the months of July and August with an estimated store net profit margin of 22 percent. The company’s same store sales for its four-year-old EastLake location averaged a 15 percent increase for the months of July and August with an estimated store net profit margin of 17 percent. All this comes on the heels of the anticipated opening of the Liberty Station location in December. About Kid Ventures Kid Ventures is the next generation in boutique-style indoor family play centers. The company’s warm and inviting facilities offer the perfect setting for children to explore and expand their imagination and talent as parents delight in the experience. Kids play in a fun and stimulating indoor play village that is designed to stretch their creative muscles in a healthy and safe way. For more information, visit www.kidventuresplay.com. End
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