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E. S. P. Retail Showcase
Focus - Sports & RecreationCompiled by Janet
Heller RON JON SURF SHOPcool clothes and fast growth
Expansion: In the year 2000, the newest addition to the chain
will open at Belz Festival Bay, the 1,074,800-sq.ft. lifestyle retail
complex in Orlando, Florida. Located in
a section of the project called International Way, the newest Ron Jon will be a lifestyle
anchor at the north end of the development and will offer 50,000 sq.ft. of beach-themed
sport retailing. Branding:
The Ron Jon Surf Shop
logo is known worldwide and can be spotted on cars, T-shirts, boards, and has even been
spotted on the space station Mir! The company
was recently named Action Sports Retailers Retailer of the Year. Ron Jon Surf Shop also operates a extensive
website that includes a surf camera providing up-to-the-minute surf and beach conditions
and an e-catalogue that keeps its logo, a
familiar icon for web surfers, active on the net. Management:
In April 1997, Ed
Moriarty became president of Ron Jon Surf Shops. Moriarty
has spurred the growth program. Moriarty
spent the majority of his career in various management positions with the Walt Disney
Company, primarily in Florida, where he was part of the team that originally opened Walt
Disney World Resort. According to Ron
Jons vice president of corporate development, William
Biederbach, Were in the family attraction business. People think of us as a leader when it comes to
beach-oriented activities. We specialize in
what we know best, surfing, but we also work hard to introduce everyone to the other
elements of the surfing lifestyle, which encompasses all kinds of apparel and
accessories. Leasing Requirements: The company has been doing stores in the range of
25,000 sq.ft., but it is looking to do 15,000-sq.ft. venues. Locations preferred are tourist areas in the
Sunbelt, land-based regional malls, and entertainment/lifestyle centers. The company prefers to be an anchor in a project. Biederbach told E.S.P. that the company
expects tenant improvement money in order to maximize its ability to expand. They consider themselves a small company with
limited resources. Biederbach added that Mills gave them a very nice T.I. Typical terms are 10-year minimum with
multiple-year options. A landlord can use a
Ron Jon lease for financing. Average
per-square-foot sales are between $325 and $400 per foot at all locations except Cocoa
Beach, where per-square-foot sales average $500. All
real estate transactions are done in-house by Ron Jon. Parent Company: Ron Jon Surf Shop of Florida, Inc. For more information,
contact William Biederbach, vice president of corporate development, Ron Jon Surf Shop of
Florida, Inc., 3805 South Banana River Blvd., Cocoa Beach, Florida, 32931; 407-799-8888,
Fax 407-799-8874. Ron Jons website can be found at www.ronjons.com.
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