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The March Group currently represents a multi-location casual restaurant franchisee with a presence throughout Missouri and Illinois. Each well-maintained, high-traffic store averages more than 4,800 square feet and reached $1.4 million in annual sales in 2008. Sales have remained fairly stable in recent years, averaging $19.2 million per year between 2006 and 2008. The Company has not added any new franchise locations over the last eight years and shut down operations in two stores in 2007. Same-store sales have demonstrated steady year-over-year growth. Consolidated sales in 2009 are forecast to reach $19.25 million, representing an increase of 3.5 percent over 2008 levels.
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