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2/9/2015
754 Newport Avenue, Attleboro, MA 02703
Retail Market Place Study
Prepared for Michael Giuttari, SIOR of MG Commercial
Authored by: Gregory Skoutas, CCIM
  2 
DISCLAIMER
The sample documents below are provided for general information purposes
only. Your use of any of these sample documents is at your own risk, and you
should not use any of these sample documents without first seeking legal and
other professional advice.
The provision of these sample documents (and the documents themselves) does
not constitute legal advice or opinions of any kind, or any advertising or
solicitation. No lawyer-client, advisory, fiduciary or other relationship is created
between Gregory Skoutas, CCIM (G. Skoutas) and any person accessing or
otherwise using any of the sample documents.
G. Skoutas and its affiliates (and any of their respective directors, officers,
agents, contractors, interns, suppliers and employees) will not be liable for any
damages, losses or causes of action of any nature arising from any use of any of
the sample documents or the conclusions herein, or provision of these sample
documents.
  3 
INTRODUCTION & OBJECTIVE
• Identify the potential mix of local, regional, or national tenants who meet the
market’s needs and who may be recruited to write “creditable leases” as tenants
of the subject retail space.
• Identify local or out of market small businesses that may be candidates for the
retail space.
TRADITIONAL DEFINITION OF TRADE AREA
In GEO mapping, retail trade areas often mapped or drawn by the use of drive times,
circles or donuts. The author mapped the trade area by drive-time.
ESRI THE RETAIL MARKET PLACE PROFILE REPORT
This ESRI report is the starting point for identifying creditable tenants for the subject
property. For this study, the author defined the trade area as that geography with a 10-
minute drive-time. Such geography meets the needs of most convenience and
specialty store concepts which would occupy the site.
The Retail Market Place Profile report is a compilation of several proprietary reports
produced by ESRI. These include the Disposable Income Profile, Tapestry
Segmentation Area Profile (2014), and Retail Goods and Services Expenditures. All
reports are incorporated as exhibits.
DISPOSABLE
INCOME
PROFILE
TAPESTRY
SEGMENTATION
AREA PROFILE
RETAIL GOODS
AND SERVICES
EXPENDITURES
RETAIL
MARKET
PLACE
PROFILE
HOW TO INTERPRET THE RETAIL MARKET PLACE PROFILE REPORT
Retail Potential or demand estimates the expected spending by consumers at retail
establishments within the selected trade area. Sales to businesses are excluded.
  4 
Retail Sales or supply estimate actual sales to consumers by establishments within the
selected trade area.
GAP ANALYSIS
The Retail Gap represents the difference between Retail Potential or demand and Retail
Sales or supply. It represents a positive value when demand exceeds supply within the
selected trade area. Such positive value suggests there is additional sales potential or
“unmet demand” within the trade area. A negative value represents a “surplus” of retail
sales within the trade area.
The leakage/surplus factor represents a snapshot of retail opportunity. This is a
measure of the relationship between supply and demand that ranges from +100 (total
leakage) to -100 (total surplus). A negative value represents a surplus of retail sales
within the trade area while a positive value represents “leakage” of retail opportunity to
outside the trade area. (Source: ESRI Retail Market Place Profile Report, Data Note.)
The table below highlights those industry groups within the trade area with the highest
retail gap in absolute dollars as identified by the Retail Market Place Profile Report. The
subject trade area is defined as that geography within a 10-Minute Drive-Time. Such
definition meets the needs of most specialty retailers.
10-Minute Drive-Time Study (When Demand Exceeds $500,000, Non-store
Retailers Excluded)
INDUSTRY GROUP NAICS DEMAND SUPPLY RETAIL
GAP
LEAKAGE
Other Motor Vehicle
Dealers
4412 $13,620,432 $3,169,627 $10,450,805 62.2
Home Furnishing Stores 4422 $19,507,180 $17,387,738 $2,119,442 5.7
Lawn & Garden Supply
Stores
4442 $6,334,204 $3,065,583 $3,268,621 34.8
Book, Periodical &
Music Stores
4512 $8,843,500 $2,021,505 $6,821,995 62.8
Office Supplies,
Stationary & Gift Stores
4532 $12,752,398 $9,274,573 $3,477,825 15.8
Full-Service
Restaurants
7221 $79,173,256 $66,396,787 $12,776,469 8.8
  5 
Each industry group consists of a number of sub-categories which are identified below:
Other Motor Vehicle Dealers, NAICS 4412
This industry group comprises establishments engaged in retailing new and used
vehicles (except automobiles, light trucks, such as sport utility vehicles and passenger
and cargo vans):
Recreational Vehicle Dealers, NAICS 441210
Boat Dealers, NAICS 441222
Motorcycle, ATV, and All Other Motor Vehicle Dealers, NAICS 441228
Home Furnishings Stores, NAICS 4422
This industry group comprises establishments primarily engaged in retailing new
home furnishings (except furniture):
Floor Covering Stores, NAICS 442210
Window Treatment Stores, NAICS 442291
All Other Home Furnishing Stores, NAICS 442299
Bath shops, kitchenware stores, chinaware stores, linen stores,
electric lamp shops, picture frame stores, glassware stores, wood-
burning stove stores, houseware stores
Lawn and Garden Equipment and Supplies Stores, NAICS 4442
This industry group comprises establishments primarily engaged in retailing new
lawn and garden equipment and supplies:
Outdoor Power Equipment Stores, NAICS 444210
  6 
Nursery, Garden Center, and Farm Supply Stores, NAICS 444220
Book Stores and News Dealers, NAICS 4512:
Book Stores and News Dealers, NAICS 451211
News Dealers and Newsstands, NAICS 451212
Office Supplies, Stationary, and Gift Stores, NAICS 4532:
Office Supplies and Stationary Stores, NAICS 453210
Gift, Novelty, and Souvenir Stores, NAICS 453220
Restaurants, NAICS 7225
Full Service Restaurants, NAICS 722511, Bagel Shops, full service
Limited Service Restaurants, NAICS 722513, Carryout restaurants
Cafeterias, Grill Buffets, and Buffets, NAICS 72251, Buffet eating
Snack and Nonalcoholic Beverage Bars, NAICS 722515, Bagel Shops, on
premises baking and carryout service
TENANT EVALUATION OF THE TRADE AREA
Qualifying retailers within each industry classification may also need to evaluate the
space and or location by their estimating the volume of sales required per square foot of
retail area for the store to remain profitable or sustainable. This figure may vary from
retailer to retailer. Home Furnishing Stores for example may need to generate $200 per
square foot while an auto parts/ tire store may need to generate $500 per square foot in
sales. This table follows:
SQUARE FOOTAGE SALES PER SQUARE
FOOT REQ’D
ANNUAL SALES
NEEDED
CONTRACT
RENT
PER YEAR
@ $15 PSF
BASE RENT
RENT AS % OF
SALES
3,200 $100.00 $320,000 $48,000 15.00%
3,200 $200.00 $640,000 $48,000 7.50%
3,200 $300.00 $960,000 $48,000 5.00%
3,200 $400.00 $1,280,000 $48,000 3.75%
  7 
Prospective tenants and or the leasing professional can compare the tenant’s sale
requirements to the resultant retail gap in the first table. For example, a full-service
restaurant tenant requiring annual minimum sales of $1,280,000 can contrast this sales
requirement with the $12,776,469 positive retail gap (green color) for full-service
restaurants within the identified trade area. In this case, the prospective tenant would
only need to capture 10% of the retail gap within the trade area to be profitable. The
lower the capture rate, the lower the risk and or potential for the site from the retailer’s
prospective. Prospective retailers can also use the capture rate as a site selection tool
to select or eliminate different locations during site selection processes.
OTHER TENANT REQUIREMENTS:
Retail site selection may not be limited to size of the space. For example, franchise or
national operators may often take into consideration parking count, visibility, location from
Highway connection, traffic count (see attached exhibit), space size, standalone
requirements, end-cap or in-line requirements, drive-up requirements, compatibility with
current retailers within the same property.
Retailers may also rely on size of the population (both permanent and or daytime), or the
number of households, or consumer behavior, or median age, or median income, or the
Lifestyle of the various groups within the trade area to name but a few. Such reports that
are helpful for this discussion include the disposable income profile, tapestry segmentation
area profile, and the retail goods and services expenditures report are listed among the
exhibits.
OTHER NON-RETAIL USES:
Possible non-retail uses that may be compatible with retail users in a neighborhood center
include: small office, financial services, and dry cleaners. The leasing professional may find
the Financial Market Potential report useful in evaluating the space for a financial services
tenant (see exhibit). Generally, consumer behavior rated with an MPI greater than 100 or
the U.S National average would be desirable characteristics of consumers sought by the
financial services industry. In particular, Banks favor deposits while brokerage firms favor
ownership in non-bank financial instruments (i.e., stocks, mutual funds, bonds) as
benchmarks.
  8 
TENANT SELECTION/ CONCLUSION:
Of the 27-industry groups contained in the Retail Marketplace Report (2014), retail potential
exists among six industry groups in order: 1) full-service restaurants; 2) other motor vehicle
dealers; 3) book, periodical & music stores; 4) office supplies, stationary & gift stores; 5)
lawn & garden supply stores; and 6) home furnishing stores.
Highlighted below are a key site selection criteria unique to the site that may be used by
prospective retailers to evaluate the location for rental:
Population (HH) 57,538 (2019)
Owner Occupied Housing Units 30,370
Dominate Tapestry Segment 5C (Yellow); 8E (Blue); 13D (Purple)
Dominant Population Density 3,210 – 7,333 per sq. mile w/ 10 mile drive-time
Median HH Income 38,733
Daytime Population 53,050
Traffic Count 19,000 per day (Newport Avenue, Rt. 1a)
Nearby Shopping Centers 1,675,906sf (excludes Providence Place)
Gross Lease Area 2,000sf, 2,200sf, 3,200sf (7,400sf gross)
Highway Connection 1-mile from location of site
The leasing professional can narrow the tenant selection process to tenants within the
identified industry groups. Those existing tenants nearby who fall within any one of the
industry groups may also be good candidates for tenant selection. For this purpose, the
leasing professional can use the business lists in the appendices to solicit prospective
tenants who may be candidates for relocation or expansion. Secondary factors for tenant
selection would include the length of time in business, payment record, availability of
personal guaranty and capitalization. Generally, startup businesses should be avoided
absent strong mitigating factors. Finally, qualifying tenants would need to evaluate the
space based on the current business climate, competition, sales per square foot needed,
and the rate at which sales may be reasonably captured.
  9 
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Population Density
  20 
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  24 
Full Service Restaurants, NAICS 722511
Business Name Address ZIP Code City State NAICS Code Employees Sales Volume
Panera Bread  5 New London Ave  02920 Cranston  Rhode Island  722511 32 $26,930,693
Darlene's Restaurant  940 Fall River Ave  02771 Seekonk  Massachusetts  722511 50 $9,200,000
Flik International Corp  100 Financial Park  02038 Franklin  Massachusetts  722511 14 $8,437,710
Applebees  800 Route 44  02767 Raynham  Massachusetts  722511 71 $6,431,131
Twin Oaks Restaurant  100 Sabra St  02910 Cranston  Rhode Island  722511 165 $6,300,000
Fine Catering  95 Frank Mossberg Dr  02703 Attleboro  Massachusetts  722511 60 $5,500,000
Union Station Brewery  36 Exchange Ter Ste 2  02903 Providence  Rhode Island  722511 75 $5,276,073
Greggs Restaurant  1940 Pawtucket Ave  02914 East Providence  Rhode Island  722511 150 $5,200,000
Bickfords Family Fare 17  965 Fall River Ave  02771 Seekonk  Massachusetts  722511 50 $5,135,135
Charlie Horse West Bridgewater  674 W Center St Ste 1  02379 West Bridgewater  Massachusetts  722511 100 $5,072,463
99 Restaurant & Pub  99 Belmont St  02375 South Easton  Massachusetts  722511 150 $5,024,042
Benjamin's Restaurant Inc  698 Bay St Unit 1  02780 Taunton  Massachusetts  722511 140 $4,900,000
Olive Garden  1013 Country St  02780 Taunton  Massachusetts  722511 96 $4,818,580
Christo's, Inc.  782 Crescent St  02302 Brockton  Massachusetts  722511 140 $4,700,000
Gregg's Restaurant  1303 N Main St  02904 Providence  Rhode Island  722511 133 $4,700,000
Olive Garden  1240 Newport Ave  02703 Attleboro  Massachusetts  722511 90 $4,517,418
Fireside Grille  30 Bedford St  02346 Middleboro  Massachusetts  722511 140 $4,500,000
Vinny Testa's  353 Highland Ave  02771 Seekonk  Massachusetts  722511 75 $4,429,985
Cracker Barrel  1048 South St Ste 40  02093 Wrentham  Massachusetts  722511 84 $4,306,797
Country Kitchen Restaurant  345 Walcott St  02860 Pawtucket  Rhode Island  722511 23 $4,129,545
Hearth N Kettle Restaurants  250 Washington St  02703 Attleboro  Massachusetts  722511 54 $3,686,896
Mills Tavern the  101 N Main St  02903 Providence  Rhode Island  722511 57 $3,500,000
Joe's American Bar & Grill  148 Providence Pl  02903 Providence  Rhode Island  722511 85 $3,395,717
Outback Steakhouse  1301 Fall Rver Ave Ste 11  02771 Seekonk  Massachusetts  722511 70 $3,314,590
Morin's Diner  16 S Main St  02703 Attleboro  Massachusetts  722511 90 $3,299,999
Marchetti's Restaurant  1463 Park Ave  02920 Cranston  Rhode Island  722511 58 $3,200,000
Panera Bread  211 Highland Ave Ste a  02771 Seekonk  Massachusetts  722511 30 $3,192,053
Panera Bread  43 Providence Pl  02903 Providence  Rhode Island  722511 29 $3,085,651
Wind Tiki Restaurant  154 Thompson Rd  01570 Webster  Massachusetts  722511 40 $3,000,000
Persy's Place Inc  43 Bedford St  02346 Middleboro  Massachusetts  722511 20 $3,000,000
  26 
Full Service Restaurants, NAICS 722511 (Continued)
Luciano's Restaurant  800 Washington St  02093 Wrentham  Massachusetts  722511 75 $2,700,000
Spumonis  1537 Newport Ave 39  02861 Pawtucket  Rhode Island  722511 75 $2,700,000
Chelo's  505 Silver Spring St  02904 Providence  Rhode Island  722511 90 $2,600,000
Great American Pub, the  1736 Broadway  02767 Raynham  Massachusetts  722511 65 $2,600,000
Tgi Fridays  1385 S Washingtn St # 6  02760 North Attleboro  Massachusetts  722511 120 $2,508,528
Ani Company  360 Old Colony Rd Ste 3  02766 Norton  Massachusetts  722511 23 $2,500,000
Olde Hitching Post Restaurant  48 Spring St  02341 Hanson  Massachusetts  722511 76 $2,400,000
Ruby Tuesday  287 Washington St Ste 17  02703 Attleboro  Massachusetts  722511 60 $2,303,986
Chelos of East Providence  911 Warren Ave  02914 East Providence  Rhode Island  722511 100 $2,300,000
Longhorn Steakhouse  800 Route 44  02767 Raynham  Massachusetts  722511 46 $2,251,270
Chipotle Mexican Grill  235 Thayer St  02906 Providence  Rhode Island  722511 20 $2,226,299
Chipotle Mexican Grill  421 Route 44  02767 Raynham  Massachusetts  722511 20 $2,226,299
Chilis  50 Highland Ave  02914 East Providence  Rhode Island  722511 75 $2,224,053
Texas Roadhouse  99 Garfield Ave  02920 Cranston  Rhode Island  722511 100 $2,159,210
Ruby Tuesday  2097 Bay St  02780 Taunton  Massachusetts  722511 56 $2,150,387
George's Cafe  228 Belmont St  02301 Brockton  Massachusetts  722511 75 $2,100,000
Cocke N Kettle Restaurant  240 S Main St  01569 Uxbridge  Massachusetts  722511 80 $2,100,000
Tgi Fridays  1105 Fall River Ave  02771 Seekonk  Massachusetts  722511 100 $2,090,440
  27 
Other Motor Vehicle Dealers (Recreational Vehicle Dealers), NAICS 441210
Business Name  Address 
ZIP 
Code  City  State 
NAICS 
Code  Employees
Sales 
Volume 
U. S. R. V., Inc.   537 Berkley St   02779  Berkley   Massachusetts  441210  45  $9,800,000 
Campers Inn   720 Church St   02767  Raynham   Massachusetts  441210  20  $5,500,000 
Giant Rv World Inc   1154 New State Hwy   02767  Raynham   Massachusetts  441210  18  $3,900,000 
R V Macdonald's Center Inc   171 Washington St   02762  Plainville   Massachusetts  441210  15  $3,700,000 
Bradford Trailer Sales, Inc   1906 Main St   02301  Brockton   Massachusetts  441210  0  $2,500,000 
Brandford R V Center   778 New State Hwy   02767  Raynham   Massachusetts  441210  10  $2,083,333 
Flagg R V Sales Office   865 Quaker Hwy   01569  Uxbridge   Massachusetts  441210  8  $1,600,000 
Rousseau's R.v. Center   150 Bedford St   02347  Lakeville   Massachusetts  441210  14  $1,000,000 
Simon Buick Chevrolet   114 Fortin Dr   02895  Woonsocket  Rhode Island   441210  3  $350,000 
Rhino Linings of New England   22 Fifth   02780  Taunton   Massachusetts  441210  3  $320,000 
  28 
Other Motor Vehicle Dealers (Boat Dealers), NAICS 441222
Business Name  Address 
ZIP 
Code  City  State  NAICS   Employees
Sales 
Volume 
Boat World   888 Reservoir Ave   02910  Cranston   Rhode Island   441222 20  $7,500,000 
Lakeview Marine, Inc.   311 Thompson Rd   01570  Webster   Massachusetts  441222 12  $1,800,000 
E & B Marine   1060 Fall River Ave   02771  Seekonk   Massachusetts  441222 10  $1,664,634 
Twin City Marine   600 High St   02863  Central Falls   Rhode Island   441222 6  $1,200,000 
Inland Marine Inc   612 Putnam Pike   02814  Chepachet   Rhode Island   441222 8  $1,000,000 
Marina Lavin's Inc   110 Shore Dr   02806  Barrington   Rhode Island   441222 7  $940,000 
South Attleboro Marine Inc   518 S Washington St   02760  North Attleboro   Massachusetts  441222 5  $810,000 
Pawtuxet Marine Electronics 
Company   69r Fort Ave   02905  Cranston   Rhode Island   441222 2  $500,000 
  29 
Other Motor Vehicle Dealers (Motorcycle, ATV, and All Other MV Dealers, NAICS 441228
Business Name Address ZIP Code City State NAICS Code Employees Sales Volume
Harley Davidson  5 Albany Rd  02888 Warwick  Rhode Island  441228 0 $6,300,000
Armand's Powersports  888 Plymouth St  02338 Halifax  Massachusetts  441228 15 $5,597,212
Bettencourt Machine Company  31 S Main St  02379 West Bridgewater  Massachusetts  441228 19 $3,800,000
Mom' South  1000 Washington St  02035 Foxboro  Massachusetts  441228 14 $2,400,000
Bobby D's Cycle Service, Inc  362 Broadway  02909 Providence  Rhode Island  441228 12 $2,300,000
U Haul  514 Winthrop St  02769 Rehoboth  Massachusetts  441228 10 $2,200,000
Mtr Racing, Inc.  372 Social St  02895 Woonsocket  Rhode Island  441228 9 $1,800,000
Dunbar Euro‐sports Inc  1600 Main St  02301 Brockton  Massachusetts  441228 6 $1,300,000
Wheels of Freedom Cycle  121 Benefit St  02861 Pawtucket  Rhode Island  441228 5 $1,100,000
Paul Veracka Motors Inc  2020 Main St  02301 Brockton  Massachusetts  441228 5 $1,000,000
Bob's Ski‐doo & Power Center  198 Washington St Ste 2  02356 North Easton  Massachusetts  441228 4 $840,000
Cycle Fabrications  264 Flagg St  02324 Bridgewater  Massachusetts  441228 8 $830,000
Winmark Special Finance, Llc  2 Hampshire St  02035 Foxboro  Massachusetts  441228 5 $790,000
Silhouette Motors of Easton in  38 Foundry St  02375 South Easton  Massachusetts  441228 1 $670,000
Times Past Auto Inc  85 Copeland Dr Ste 1  02048 Mansfield  Massachusetts  441228 2 $460,000
Four Season Golf Cars Inc  25 Town Forest Rd  01540 Oxford  Massachusetts  441228 2 $400,000
Mbc Motors Inc  191 New State Hwy  02767 Raynham  Massachusetts  441228 2 $390,000
Morel Cycle  353 South St  02762 Plainville  Massachusetts  441228 4 $340,000
Mech. St. Motors  161 Mechanic St  02019 Bellingham  Massachusetts  441228 5 $340,000
  30 
Book Stores, NAICS 451211
Business Name Address ZIP Code City State NAICS Code Employees Sales Volume
Buck‐a‐book Inc  620 Spring St  02764 North Dighton  Massachusetts  451211 8 $12,900,000
Brown Book Store  71 Olive St  02912 Providence  Rhode Island  451211 60 $6,260,713
Barnes & Noble  371 Putnam Pike Ste 330  02917 Smithfield  Rhode Island  451211 25 $2,669,887
Barnes & Noble  River Ave Slvin Stdnt Ctr  02918 Providence  Rhode Island  451211 10 $2,644,764
Brown Book Store  244 Thayer St  02912 Providence  Rhode Island  451211 50 $2,400,000
Johnson Wales Univ Bkstr 411  265 Harborside Blvd  02905 Providence  Rhode Island  451211 9 $2,380,288
Follett Higher Education Group, Inc.  320 Washington St  02357 North Easton  Massachusetts  451211 15 $2,259,976
Brigewater State College Bkstr  135 Burrill Avenue  02325 Bridgewater  Massachusetts  451211 15 $2,259,976
Store 410  1 Cookson Pl  02903 Providence  Rhode Island  451211 10 $2,206,204
Books On the Square Ltd  471 Angell St  02906 Providence  Rhode Island  451211 0 $1,500,000
Follett Higher Education Group, Inc.  1150 Douglas Pike  02917 Smithfield  Rhode Island  451211 4 $602,660
Roger Williams National Mem  282 N Main St  02903 Providence  Rhode Island  451211 9 $468,748
Rhode Island College (inc)  600 Mount Pleasant Ave # 1  02908 North Providence  Rhode Island  451211 6 $365,676
  31 
News Dealers and Newsstands, NAICS 451212
Business Name Address ZIP Code City State NAICS Code Employees Sales Volume
L H Cooper Co Inc  5 N Main St  02703 Attleboro  Massachusetts  451212 6 $540,000
Franklin News  36 Main St  02038 Franklin  Massachusetts  451212 5 $420,000
  32 
Floor Covering Stores, NAICS 442210
Business Name Address ZIP Code City State NAICS Code Employees Sales Volume
Carpet One  1191 Pontiac Ave  02920 Cranston  Rhode Island  442210 15 $4,189,068
Flooring America  421 Bedford St  02382 Whitman  Massachusetts  442210 12 $3,500,000
J C Best  71 Manley St  02301 Brockton  Massachusetts  442210 15 $2,800,000
Glanz Industries, Inc.  95 Ryan Dr Ste 1  02767 Raynham  Massachusetts  442210 15 $2,300,000
Irving's Home Center, Inc.  10 N Main St  02301 Brockton  Massachusetts  442210 13 $2,104,334
Dotty's Decorating Studio Inc  1226 Mendon Rd  02864 Cumberland  Rhode Island  442210 11 $1,800,000
Rustigian Rugs  1 Governor St  02906 Providence  Rhode Island  442210 10 $1,800,000
State Rug  350 Station St  02910 Cranston  Rhode Island  442210 10 $1,724,881
Tile Town Inc  325 New State Hwy Ste 5  02767 Raynham  Massachusetts  442210 4 $1,700,000
Classic Floor Coverings  850 Franklin St Ste 1  02093 Wrentham  Massachusetts  442210 6 $1,600,000
Debnor Flooring  34 Lark Industrial Pkwy a  02828 Greenville  Rhode Island  442210 3 $1,500,000
The Carpet Lover Inc  640 Douglas St  01569 Uxbridge  Massachusetts  442210 3 $1,500,000
Payless Floors  805 S Washington St  02760 North Attleboro  Massachusetts  442210 0 $1,400,000
Vee Jay Floor Covering Inc  7 Commerce St  02828 Greenville  Rhode Island  442210 8 $1,100,000
Foxborough Oriental Rugs  30 Wall St  02035 Foxboro  Massachusetts  442210 2 $1,000,000
Flooring America  680 Broadway  02860 Pawtucket  Rhode Island  442210 7 $1,000,000
Anselone Flooring  277 N Main St  02048 Mansfield  Massachusetts  442210 4 $800,000
Carpets Etc  369 Central St  02035 Foxboro  Massachusetts  442210 6 $790,000
Todd's House of Carpet  82 Main St  06239 Danielson  Connecticut  442210 7 $780,000
Floor Works, Inc.  535 John Hancock Rd Ste 2  02780 Taunton  Massachusetts  442210 5 $760,000
Design Wood Floors, Inc  55 Main St  01504 Blackstone  Massachusetts  442210 4 $746,152
J & W Carpet Inc  20 Turnstone Ter  02072 Stoughton  Massachusetts  442210 5 $710,000
P J's Carpets & Win Fashions  474 N Broadway  02914 East Providence  Rhode Island  442210 5 $700,000
Batt Carpet  560 North St  02726 Somerset  Massachusetts  442210 5 $680,000
Floor Covering Associates  25 Esten Ave Unit 7  02860 Pawtucket  Rhode Island  442210 5 $630,000
Creative Decorating & Flooring Inc  65 E Central St Ste 1  02038 Franklin  Massachusetts  442210 1 $600,000
Jj's Carpet Outlet  1874 Fall River Ave  02771 Seekonk  Massachusetts  442210 3 $570,000
Les Floor Service Inc  5 Hobson Ave  02910 Cranston  Rhode Island  442210 4 $510,000
Domenic & Sons Floor Covering Inc  255 Greenville Ave  02919 Johnston  Rhode Island  442210 2 $510,000
The Carpet Gallery  115 Central St  02035 Foxboro  Massachusetts  442210 4 $490,000
Houles Floor Covering  580 Kelley Blvd  02760 North Attleboro  Massachusetts  442210 6 $470,000
  33 
Floor Covering Stores, NAICS 442210 (Continued)
Carpet Warehouse  144 Laurel St  02324 Bridgewater  Massachusetts  442210 3 $462,000
Jay's Carpet & Interiors  352 Main St  02341 Hanson  Massachusetts  442210 3 $450,000
Interior Creations Inc  271 S Main St  02895 Woonsocket  Rhode Island  442210 3 $430,000
Branch Floor Covering Inc  310 Atwood Ave Ste 1  02920 Cranston  Rhode Island  442210 3 $430,000
The Karpet Klinic Inc  194 Gansett Ave  02910 Cranston  Rhode Island  442210 5 $400,000
Ken's Crpt & Oriental Rug Outl  55 James Reynolds Rd  02777 Swansea  Massachusetts  442210 3 $400,000
Carpet Rite Floor Covering Inc  318 Sw Main St  01516 East Douglas  Massachusetts  442210 2 $390,000
Mansfield Carpet Center Inc  387 N Main St  02048 Mansfield  Massachusetts  442210 3 $390,000
Central Flooring  1574 Main St  02301 Brockton  Massachusetts  442210 1 $350,000
Hindy's Carpets  89 Hillside Dr  02911 North Providence  Rhode Island  442210 4 $340,000
Pioneer Carpets  82 Henry St  01569 Uxbridge  Massachusetts  442210 1 $325,000
  34 
Window Treatment Stores, NAICS 442291
Business Name Address ZIP Code City State NAICS Code Employees Sales Volume
Contrak Drapery Manufacturing  1307 Mineral Spring Ave  02904 North Providence  Rhode Island  442291 30 $3,000,000
Blinds To Go (u.s.) Inc.  1400 S Washington St  02760 North Attleboro  Massachusetts  442291 3 $1,341,666
Country Curtains  72 Hillside the Vlg Gdn  02920 Cranston  Rhode Island  442291 11 $593,317
Window Works  544 Milford Rd Ste 4  02777 Swansea  Massachusetts  442291 4 $380,000

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754 Newport Avenue

  • 1. 2/9/2015 754 Newport Avenue, Attleboro, MA 02703 Retail Market Place Study Prepared for Michael Giuttari, SIOR of MG Commercial Authored by: Gregory Skoutas, CCIM
  • 2.   2  DISCLAIMER The sample documents below are provided for general information purposes only. Your use of any of these sample documents is at your own risk, and you should not use any of these sample documents without first seeking legal and other professional advice. The provision of these sample documents (and the documents themselves) does not constitute legal advice or opinions of any kind, or any advertising or solicitation. No lawyer-client, advisory, fiduciary or other relationship is created between Gregory Skoutas, CCIM (G. Skoutas) and any person accessing or otherwise using any of the sample documents. G. Skoutas and its affiliates (and any of their respective directors, officers, agents, contractors, interns, suppliers and employees) will not be liable for any damages, losses or causes of action of any nature arising from any use of any of the sample documents or the conclusions herein, or provision of these sample documents.
  • 3.   3  INTRODUCTION & OBJECTIVE • Identify the potential mix of local, regional, or national tenants who meet the market’s needs and who may be recruited to write “creditable leases” as tenants of the subject retail space. • Identify local or out of market small businesses that may be candidates for the retail space. TRADITIONAL DEFINITION OF TRADE AREA In GEO mapping, retail trade areas often mapped or drawn by the use of drive times, circles or donuts. The author mapped the trade area by drive-time. ESRI THE RETAIL MARKET PLACE PROFILE REPORT This ESRI report is the starting point for identifying creditable tenants for the subject property. For this study, the author defined the trade area as that geography with a 10- minute drive-time. Such geography meets the needs of most convenience and specialty store concepts which would occupy the site. The Retail Market Place Profile report is a compilation of several proprietary reports produced by ESRI. These include the Disposable Income Profile, Tapestry Segmentation Area Profile (2014), and Retail Goods and Services Expenditures. All reports are incorporated as exhibits. DISPOSABLE INCOME PROFILE TAPESTRY SEGMENTATION AREA PROFILE RETAIL GOODS AND SERVICES EXPENDITURES RETAIL MARKET PLACE PROFILE HOW TO INTERPRET THE RETAIL MARKET PLACE PROFILE REPORT Retail Potential or demand estimates the expected spending by consumers at retail establishments within the selected trade area. Sales to businesses are excluded.
  • 4.   4  Retail Sales or supply estimate actual sales to consumers by establishments within the selected trade area. GAP ANALYSIS The Retail Gap represents the difference between Retail Potential or demand and Retail Sales or supply. It represents a positive value when demand exceeds supply within the selected trade area. Such positive value suggests there is additional sales potential or “unmet demand” within the trade area. A negative value represents a “surplus” of retail sales within the trade area. The leakage/surplus factor represents a snapshot of retail opportunity. This is a measure of the relationship between supply and demand that ranges from +100 (total leakage) to -100 (total surplus). A negative value represents a surplus of retail sales within the trade area while a positive value represents “leakage” of retail opportunity to outside the trade area. (Source: ESRI Retail Market Place Profile Report, Data Note.) The table below highlights those industry groups within the trade area with the highest retail gap in absolute dollars as identified by the Retail Market Place Profile Report. The subject trade area is defined as that geography within a 10-Minute Drive-Time. Such definition meets the needs of most specialty retailers. 10-Minute Drive-Time Study (When Demand Exceeds $500,000, Non-store Retailers Excluded) INDUSTRY GROUP NAICS DEMAND SUPPLY RETAIL GAP LEAKAGE Other Motor Vehicle Dealers 4412 $13,620,432 $3,169,627 $10,450,805 62.2 Home Furnishing Stores 4422 $19,507,180 $17,387,738 $2,119,442 5.7 Lawn & Garden Supply Stores 4442 $6,334,204 $3,065,583 $3,268,621 34.8 Book, Periodical & Music Stores 4512 $8,843,500 $2,021,505 $6,821,995 62.8 Office Supplies, Stationary & Gift Stores 4532 $12,752,398 $9,274,573 $3,477,825 15.8 Full-Service Restaurants 7221 $79,173,256 $66,396,787 $12,776,469 8.8
  • 5.   5  Each industry group consists of a number of sub-categories which are identified below: Other Motor Vehicle Dealers, NAICS 4412 This industry group comprises establishments engaged in retailing new and used vehicles (except automobiles, light trucks, such as sport utility vehicles and passenger and cargo vans): Recreational Vehicle Dealers, NAICS 441210 Boat Dealers, NAICS 441222 Motorcycle, ATV, and All Other Motor Vehicle Dealers, NAICS 441228 Home Furnishings Stores, NAICS 4422 This industry group comprises establishments primarily engaged in retailing new home furnishings (except furniture): Floor Covering Stores, NAICS 442210 Window Treatment Stores, NAICS 442291 All Other Home Furnishing Stores, NAICS 442299 Bath shops, kitchenware stores, chinaware stores, linen stores, electric lamp shops, picture frame stores, glassware stores, wood- burning stove stores, houseware stores Lawn and Garden Equipment and Supplies Stores, NAICS 4442 This industry group comprises establishments primarily engaged in retailing new lawn and garden equipment and supplies: Outdoor Power Equipment Stores, NAICS 444210
  • 6.   6  Nursery, Garden Center, and Farm Supply Stores, NAICS 444220 Book Stores and News Dealers, NAICS 4512: Book Stores and News Dealers, NAICS 451211 News Dealers and Newsstands, NAICS 451212 Office Supplies, Stationary, and Gift Stores, NAICS 4532: Office Supplies and Stationary Stores, NAICS 453210 Gift, Novelty, and Souvenir Stores, NAICS 453220 Restaurants, NAICS 7225 Full Service Restaurants, NAICS 722511, Bagel Shops, full service Limited Service Restaurants, NAICS 722513, Carryout restaurants Cafeterias, Grill Buffets, and Buffets, NAICS 72251, Buffet eating Snack and Nonalcoholic Beverage Bars, NAICS 722515, Bagel Shops, on premises baking and carryout service TENANT EVALUATION OF THE TRADE AREA Qualifying retailers within each industry classification may also need to evaluate the space and or location by their estimating the volume of sales required per square foot of retail area for the store to remain profitable or sustainable. This figure may vary from retailer to retailer. Home Furnishing Stores for example may need to generate $200 per square foot while an auto parts/ tire store may need to generate $500 per square foot in sales. This table follows: SQUARE FOOTAGE SALES PER SQUARE FOOT REQ’D ANNUAL SALES NEEDED CONTRACT RENT PER YEAR @ $15 PSF BASE RENT RENT AS % OF SALES 3,200 $100.00 $320,000 $48,000 15.00% 3,200 $200.00 $640,000 $48,000 7.50% 3,200 $300.00 $960,000 $48,000 5.00% 3,200 $400.00 $1,280,000 $48,000 3.75%
  • 7.   7  Prospective tenants and or the leasing professional can compare the tenant’s sale requirements to the resultant retail gap in the first table. For example, a full-service restaurant tenant requiring annual minimum sales of $1,280,000 can contrast this sales requirement with the $12,776,469 positive retail gap (green color) for full-service restaurants within the identified trade area. In this case, the prospective tenant would only need to capture 10% of the retail gap within the trade area to be profitable. The lower the capture rate, the lower the risk and or potential for the site from the retailer’s prospective. Prospective retailers can also use the capture rate as a site selection tool to select or eliminate different locations during site selection processes. OTHER TENANT REQUIREMENTS: Retail site selection may not be limited to size of the space. For example, franchise or national operators may often take into consideration parking count, visibility, location from Highway connection, traffic count (see attached exhibit), space size, standalone requirements, end-cap or in-line requirements, drive-up requirements, compatibility with current retailers within the same property. Retailers may also rely on size of the population (both permanent and or daytime), or the number of households, or consumer behavior, or median age, or median income, or the Lifestyle of the various groups within the trade area to name but a few. Such reports that are helpful for this discussion include the disposable income profile, tapestry segmentation area profile, and the retail goods and services expenditures report are listed among the exhibits. OTHER NON-RETAIL USES: Possible non-retail uses that may be compatible with retail users in a neighborhood center include: small office, financial services, and dry cleaners. The leasing professional may find the Financial Market Potential report useful in evaluating the space for a financial services tenant (see exhibit). Generally, consumer behavior rated with an MPI greater than 100 or the U.S National average would be desirable characteristics of consumers sought by the financial services industry. In particular, Banks favor deposits while brokerage firms favor ownership in non-bank financial instruments (i.e., stocks, mutual funds, bonds) as benchmarks.
  • 8.   8  TENANT SELECTION/ CONCLUSION: Of the 27-industry groups contained in the Retail Marketplace Report (2014), retail potential exists among six industry groups in order: 1) full-service restaurants; 2) other motor vehicle dealers; 3) book, periodical & music stores; 4) office supplies, stationary & gift stores; 5) lawn & garden supply stores; and 6) home furnishing stores. Highlighted below are a key site selection criteria unique to the site that may be used by prospective retailers to evaluate the location for rental: Population (HH) 57,538 (2019) Owner Occupied Housing Units 30,370 Dominate Tapestry Segment 5C (Yellow); 8E (Blue); 13D (Purple) Dominant Population Density 3,210 – 7,333 per sq. mile w/ 10 mile drive-time Median HH Income 38,733 Daytime Population 53,050 Traffic Count 19,000 per day (Newport Avenue, Rt. 1a) Nearby Shopping Centers 1,675,906sf (excludes Providence Place) Gross Lease Area 2,000sf, 2,200sf, 3,200sf (7,400sf gross) Highway Connection 1-mile from location of site The leasing professional can narrow the tenant selection process to tenants within the identified industry groups. Those existing tenants nearby who fall within any one of the industry groups may also be good candidates for tenant selection. For this purpose, the leasing professional can use the business lists in the appendices to solicit prospective tenants who may be candidates for relocation or expansion. Secondary factors for tenant selection would include the length of time in business, payment record, availability of personal guaranty and capitalization. Generally, startup businesses should be avoided absent strong mitigating factors. Finally, qualifying tenants would need to evaluate the space based on the current business climate, competition, sales per square foot needed, and the rate at which sales may be reasonably captured.
  • 25. Full Service Restaurants, NAICS 722511 Business Name Address ZIP Code City State NAICS Code Employees Sales Volume Panera Bread  5 New London Ave  02920 Cranston  Rhode Island  722511 32 $26,930,693 Darlene's Restaurant  940 Fall River Ave  02771 Seekonk  Massachusetts  722511 50 $9,200,000 Flik International Corp  100 Financial Park  02038 Franklin  Massachusetts  722511 14 $8,437,710 Applebees  800 Route 44  02767 Raynham  Massachusetts  722511 71 $6,431,131 Twin Oaks Restaurant  100 Sabra St  02910 Cranston  Rhode Island  722511 165 $6,300,000 Fine Catering  95 Frank Mossberg Dr  02703 Attleboro  Massachusetts  722511 60 $5,500,000 Union Station Brewery  36 Exchange Ter Ste 2  02903 Providence  Rhode Island  722511 75 $5,276,073 Greggs Restaurant  1940 Pawtucket Ave  02914 East Providence  Rhode Island  722511 150 $5,200,000 Bickfords Family Fare 17  965 Fall River Ave  02771 Seekonk  Massachusetts  722511 50 $5,135,135 Charlie Horse West Bridgewater  674 W Center St Ste 1  02379 West Bridgewater  Massachusetts  722511 100 $5,072,463 99 Restaurant & Pub  99 Belmont St  02375 South Easton  Massachusetts  722511 150 $5,024,042 Benjamin's Restaurant Inc  698 Bay St Unit 1  02780 Taunton  Massachusetts  722511 140 $4,900,000 Olive Garden  1013 Country St  02780 Taunton  Massachusetts  722511 96 $4,818,580 Christo's, Inc.  782 Crescent St  02302 Brockton  Massachusetts  722511 140 $4,700,000 Gregg's Restaurant  1303 N Main St  02904 Providence  Rhode Island  722511 133 $4,700,000 Olive Garden  1240 Newport Ave  02703 Attleboro  Massachusetts  722511 90 $4,517,418 Fireside Grille  30 Bedford St  02346 Middleboro  Massachusetts  722511 140 $4,500,000 Vinny Testa's  353 Highland Ave  02771 Seekonk  Massachusetts  722511 75 $4,429,985 Cracker Barrel  1048 South St Ste 40  02093 Wrentham  Massachusetts  722511 84 $4,306,797 Country Kitchen Restaurant  345 Walcott St  02860 Pawtucket  Rhode Island  722511 23 $4,129,545 Hearth N Kettle Restaurants  250 Washington St  02703 Attleboro  Massachusetts  722511 54 $3,686,896 Mills Tavern the  101 N Main St  02903 Providence  Rhode Island  722511 57 $3,500,000 Joe's American Bar & Grill  148 Providence Pl  02903 Providence  Rhode Island  722511 85 $3,395,717 Outback Steakhouse  1301 Fall Rver Ave Ste 11  02771 Seekonk  Massachusetts  722511 70 $3,314,590 Morin's Diner  16 S Main St  02703 Attleboro  Massachusetts  722511 90 $3,299,999 Marchetti's Restaurant  1463 Park Ave  02920 Cranston  Rhode Island  722511 58 $3,200,000 Panera Bread  211 Highland Ave Ste a  02771 Seekonk  Massachusetts  722511 30 $3,192,053 Panera Bread  43 Providence Pl  02903 Providence  Rhode Island  722511 29 $3,085,651 Wind Tiki Restaurant  154 Thompson Rd  01570 Webster  Massachusetts  722511 40 $3,000,000 Persy's Place Inc  43 Bedford St  02346 Middleboro  Massachusetts  722511 20 $3,000,000
  • 26.   26  Full Service Restaurants, NAICS 722511 (Continued) Luciano's Restaurant  800 Washington St  02093 Wrentham  Massachusetts  722511 75 $2,700,000 Spumonis  1537 Newport Ave 39  02861 Pawtucket  Rhode Island  722511 75 $2,700,000 Chelo's  505 Silver Spring St  02904 Providence  Rhode Island  722511 90 $2,600,000 Great American Pub, the  1736 Broadway  02767 Raynham  Massachusetts  722511 65 $2,600,000 Tgi Fridays  1385 S Washingtn St # 6  02760 North Attleboro  Massachusetts  722511 120 $2,508,528 Ani Company  360 Old Colony Rd Ste 3  02766 Norton  Massachusetts  722511 23 $2,500,000 Olde Hitching Post Restaurant  48 Spring St  02341 Hanson  Massachusetts  722511 76 $2,400,000 Ruby Tuesday  287 Washington St Ste 17  02703 Attleboro  Massachusetts  722511 60 $2,303,986 Chelos of East Providence  911 Warren Ave  02914 East Providence  Rhode Island  722511 100 $2,300,000 Longhorn Steakhouse  800 Route 44  02767 Raynham  Massachusetts  722511 46 $2,251,270 Chipotle Mexican Grill  235 Thayer St  02906 Providence  Rhode Island  722511 20 $2,226,299 Chipotle Mexican Grill  421 Route 44  02767 Raynham  Massachusetts  722511 20 $2,226,299 Chilis  50 Highland Ave  02914 East Providence  Rhode Island  722511 75 $2,224,053 Texas Roadhouse  99 Garfield Ave  02920 Cranston  Rhode Island  722511 100 $2,159,210 Ruby Tuesday  2097 Bay St  02780 Taunton  Massachusetts  722511 56 $2,150,387 George's Cafe  228 Belmont St  02301 Brockton  Massachusetts  722511 75 $2,100,000 Cocke N Kettle Restaurant  240 S Main St  01569 Uxbridge  Massachusetts  722511 80 $2,100,000 Tgi Fridays  1105 Fall River Ave  02771 Seekonk  Massachusetts  722511 100 $2,090,440
  • 27.   27  Other Motor Vehicle Dealers (Recreational Vehicle Dealers), NAICS 441210 Business Name  Address  ZIP  Code  City  State  NAICS  Code  Employees Sales  Volume  U. S. R. V., Inc.   537 Berkley St   02779  Berkley   Massachusetts  441210  45  $9,800,000  Campers Inn   720 Church St   02767  Raynham   Massachusetts  441210  20  $5,500,000  Giant Rv World Inc   1154 New State Hwy   02767  Raynham   Massachusetts  441210  18  $3,900,000  R V Macdonald's Center Inc   171 Washington St   02762  Plainville   Massachusetts  441210  15  $3,700,000  Bradford Trailer Sales, Inc   1906 Main St   02301  Brockton   Massachusetts  441210  0  $2,500,000  Brandford R V Center   778 New State Hwy   02767  Raynham   Massachusetts  441210  10  $2,083,333  Flagg R V Sales Office   865 Quaker Hwy   01569  Uxbridge   Massachusetts  441210  8  $1,600,000  Rousseau's R.v. Center   150 Bedford St   02347  Lakeville   Massachusetts  441210  14  $1,000,000  Simon Buick Chevrolet   114 Fortin Dr   02895  Woonsocket  Rhode Island   441210  3  $350,000  Rhino Linings of New England   22 Fifth   02780  Taunton   Massachusetts  441210  3  $320,000 
  • 28.   28  Other Motor Vehicle Dealers (Boat Dealers), NAICS 441222 Business Name  Address  ZIP  Code  City  State  NAICS   Employees Sales  Volume  Boat World   888 Reservoir Ave   02910  Cranston   Rhode Island   441222 20  $7,500,000  Lakeview Marine, Inc.   311 Thompson Rd   01570  Webster   Massachusetts  441222 12  $1,800,000  E & B Marine   1060 Fall River Ave   02771  Seekonk   Massachusetts  441222 10  $1,664,634  Twin City Marine   600 High St   02863  Central Falls   Rhode Island   441222 6  $1,200,000  Inland Marine Inc   612 Putnam Pike   02814  Chepachet   Rhode Island   441222 8  $1,000,000  Marina Lavin's Inc   110 Shore Dr   02806  Barrington   Rhode Island   441222 7  $940,000  South Attleboro Marine Inc   518 S Washington St   02760  North Attleboro   Massachusetts  441222 5  $810,000  Pawtuxet Marine Electronics  Company   69r Fort Ave   02905  Cranston   Rhode Island   441222 2  $500,000 
  • 29.   29  Other Motor Vehicle Dealers (Motorcycle, ATV, and All Other MV Dealers, NAICS 441228 Business Name Address ZIP Code City State NAICS Code Employees Sales Volume Harley Davidson  5 Albany Rd  02888 Warwick  Rhode Island  441228 0 $6,300,000 Armand's Powersports  888 Plymouth St  02338 Halifax  Massachusetts  441228 15 $5,597,212 Bettencourt Machine Company  31 S Main St  02379 West Bridgewater  Massachusetts  441228 19 $3,800,000 Mom' South  1000 Washington St  02035 Foxboro  Massachusetts  441228 14 $2,400,000 Bobby D's Cycle Service, Inc  362 Broadway  02909 Providence  Rhode Island  441228 12 $2,300,000 U Haul  514 Winthrop St  02769 Rehoboth  Massachusetts  441228 10 $2,200,000 Mtr Racing, Inc.  372 Social St  02895 Woonsocket  Rhode Island  441228 9 $1,800,000 Dunbar Euro‐sports Inc  1600 Main St  02301 Brockton  Massachusetts  441228 6 $1,300,000 Wheels of Freedom Cycle  121 Benefit St  02861 Pawtucket  Rhode Island  441228 5 $1,100,000 Paul Veracka Motors Inc  2020 Main St  02301 Brockton  Massachusetts  441228 5 $1,000,000 Bob's Ski‐doo & Power Center  198 Washington St Ste 2  02356 North Easton  Massachusetts  441228 4 $840,000 Cycle Fabrications  264 Flagg St  02324 Bridgewater  Massachusetts  441228 8 $830,000 Winmark Special Finance, Llc  2 Hampshire St  02035 Foxboro  Massachusetts  441228 5 $790,000 Silhouette Motors of Easton in  38 Foundry St  02375 South Easton  Massachusetts  441228 1 $670,000 Times Past Auto Inc  85 Copeland Dr Ste 1  02048 Mansfield  Massachusetts  441228 2 $460,000 Four Season Golf Cars Inc  25 Town Forest Rd  01540 Oxford  Massachusetts  441228 2 $400,000 Mbc Motors Inc  191 New State Hwy  02767 Raynham  Massachusetts  441228 2 $390,000 Morel Cycle  353 South St  02762 Plainville  Massachusetts  441228 4 $340,000 Mech. St. Motors  161 Mechanic St  02019 Bellingham  Massachusetts  441228 5 $340,000
  • 30.   30  Book Stores, NAICS 451211 Business Name Address ZIP Code City State NAICS Code Employees Sales Volume Buck‐a‐book Inc  620 Spring St  02764 North Dighton  Massachusetts  451211 8 $12,900,000 Brown Book Store  71 Olive St  02912 Providence  Rhode Island  451211 60 $6,260,713 Barnes & Noble  371 Putnam Pike Ste 330  02917 Smithfield  Rhode Island  451211 25 $2,669,887 Barnes & Noble  River Ave Slvin Stdnt Ctr  02918 Providence  Rhode Island  451211 10 $2,644,764 Brown Book Store  244 Thayer St  02912 Providence  Rhode Island  451211 50 $2,400,000 Johnson Wales Univ Bkstr 411  265 Harborside Blvd  02905 Providence  Rhode Island  451211 9 $2,380,288 Follett Higher Education Group, Inc.  320 Washington St  02357 North Easton  Massachusetts  451211 15 $2,259,976 Brigewater State College Bkstr  135 Burrill Avenue  02325 Bridgewater  Massachusetts  451211 15 $2,259,976 Store 410  1 Cookson Pl  02903 Providence  Rhode Island  451211 10 $2,206,204 Books On the Square Ltd  471 Angell St  02906 Providence  Rhode Island  451211 0 $1,500,000 Follett Higher Education Group, Inc.  1150 Douglas Pike  02917 Smithfield  Rhode Island  451211 4 $602,660 Roger Williams National Mem  282 N Main St  02903 Providence  Rhode Island  451211 9 $468,748 Rhode Island College (inc)  600 Mount Pleasant Ave # 1  02908 North Providence  Rhode Island  451211 6 $365,676
  • 31.   31  News Dealers and Newsstands, NAICS 451212 Business Name Address ZIP Code City State NAICS Code Employees Sales Volume L H Cooper Co Inc  5 N Main St  02703 Attleboro  Massachusetts  451212 6 $540,000 Franklin News  36 Main St  02038 Franklin  Massachusetts  451212 5 $420,000
  • 32.   32  Floor Covering Stores, NAICS 442210 Business Name Address ZIP Code City State NAICS Code Employees Sales Volume Carpet One  1191 Pontiac Ave  02920 Cranston  Rhode Island  442210 15 $4,189,068 Flooring America  421 Bedford St  02382 Whitman  Massachusetts  442210 12 $3,500,000 J C Best  71 Manley St  02301 Brockton  Massachusetts  442210 15 $2,800,000 Glanz Industries, Inc.  95 Ryan Dr Ste 1  02767 Raynham  Massachusetts  442210 15 $2,300,000 Irving's Home Center, Inc.  10 N Main St  02301 Brockton  Massachusetts  442210 13 $2,104,334 Dotty's Decorating Studio Inc  1226 Mendon Rd  02864 Cumberland  Rhode Island  442210 11 $1,800,000 Rustigian Rugs  1 Governor St  02906 Providence  Rhode Island  442210 10 $1,800,000 State Rug  350 Station St  02910 Cranston  Rhode Island  442210 10 $1,724,881 Tile Town Inc  325 New State Hwy Ste 5  02767 Raynham  Massachusetts  442210 4 $1,700,000 Classic Floor Coverings  850 Franklin St Ste 1  02093 Wrentham  Massachusetts  442210 6 $1,600,000 Debnor Flooring  34 Lark Industrial Pkwy a  02828 Greenville  Rhode Island  442210 3 $1,500,000 The Carpet Lover Inc  640 Douglas St  01569 Uxbridge  Massachusetts  442210 3 $1,500,000 Payless Floors  805 S Washington St  02760 North Attleboro  Massachusetts  442210 0 $1,400,000 Vee Jay Floor Covering Inc  7 Commerce St  02828 Greenville  Rhode Island  442210 8 $1,100,000 Foxborough Oriental Rugs  30 Wall St  02035 Foxboro  Massachusetts  442210 2 $1,000,000 Flooring America  680 Broadway  02860 Pawtucket  Rhode Island  442210 7 $1,000,000 Anselone Flooring  277 N Main St  02048 Mansfield  Massachusetts  442210 4 $800,000 Carpets Etc  369 Central St  02035 Foxboro  Massachusetts  442210 6 $790,000 Todd's House of Carpet  82 Main St  06239 Danielson  Connecticut  442210 7 $780,000 Floor Works, Inc.  535 John Hancock Rd Ste 2  02780 Taunton  Massachusetts  442210 5 $760,000 Design Wood Floors, Inc  55 Main St  01504 Blackstone  Massachusetts  442210 4 $746,152 J & W Carpet Inc  20 Turnstone Ter  02072 Stoughton  Massachusetts  442210 5 $710,000 P J's Carpets & Win Fashions  474 N Broadway  02914 East Providence  Rhode Island  442210 5 $700,000 Batt Carpet  560 North St  02726 Somerset  Massachusetts  442210 5 $680,000 Floor Covering Associates  25 Esten Ave Unit 7  02860 Pawtucket  Rhode Island  442210 5 $630,000 Creative Decorating & Flooring Inc  65 E Central St Ste 1  02038 Franklin  Massachusetts  442210 1 $600,000 Jj's Carpet Outlet  1874 Fall River Ave  02771 Seekonk  Massachusetts  442210 3 $570,000 Les Floor Service Inc  5 Hobson Ave  02910 Cranston  Rhode Island  442210 4 $510,000 Domenic & Sons Floor Covering Inc  255 Greenville Ave  02919 Johnston  Rhode Island  442210 2 $510,000 The Carpet Gallery  115 Central St  02035 Foxboro  Massachusetts  442210 4 $490,000 Houles Floor Covering  580 Kelley Blvd  02760 North Attleboro  Massachusetts  442210 6 $470,000
  • 33.   33  Floor Covering Stores, NAICS 442210 (Continued) Carpet Warehouse  144 Laurel St  02324 Bridgewater  Massachusetts  442210 3 $462,000 Jay's Carpet & Interiors  352 Main St  02341 Hanson  Massachusetts  442210 3 $450,000 Interior Creations Inc  271 S Main St  02895 Woonsocket  Rhode Island  442210 3 $430,000 Branch Floor Covering Inc  310 Atwood Ave Ste 1  02920 Cranston  Rhode Island  442210 3 $430,000 The Karpet Klinic Inc  194 Gansett Ave  02910 Cranston  Rhode Island  442210 5 $400,000 Ken's Crpt & Oriental Rug Outl  55 James Reynolds Rd  02777 Swansea  Massachusetts  442210 3 $400,000 Carpet Rite Floor Covering Inc  318 Sw Main St  01516 East Douglas  Massachusetts  442210 2 $390,000 Mansfield Carpet Center Inc  387 N Main St  02048 Mansfield  Massachusetts  442210 3 $390,000 Central Flooring  1574 Main St  02301 Brockton  Massachusetts  442210 1 $350,000 Hindy's Carpets  89 Hillside Dr  02911 North Providence  Rhode Island  442210 4 $340,000 Pioneer Carpets  82 Henry St  01569 Uxbridge  Massachusetts  442210 1 $325,000
  • 34.   34  Window Treatment Stores, NAICS 442291 Business Name Address ZIP Code City State NAICS Code Employees Sales Volume Contrak Drapery Manufacturing  1307 Mineral Spring Ave  02904 North Providence  Rhode Island  442291 30 $3,000,000 Blinds To Go (u.s.) Inc.  1400 S Washington St  02760 North Attleboro  Massachusetts  442291 3 $1,341,666 Country Curtains  72 Hillside the Vlg Gdn  02920 Cranston  Rhode Island  442291 11 $593,317 Window Works  544 Milford Rd Ste 4  02777 Swansea  Massachusetts  442291 4 $380,000