American Marksman Acquires Magnolia Indoor Range
Anticipation of a successful turnaround will be the foundation for industry roll-up.
PENSACOLA, FL (PRWEB) December 8, 2006 -- American Marksman Group, Inc. (AM) today announced that it has completed the acquisition of Magnolia Indoor Range, Inc. in Santee (San Diego East County), California. AM is developing a national chain of indoor shooting ranges through acquisition, new construction, and other distribution methods. "AM spent the last two years researching the industry and developing a high performance model that delivers superior customer service and investor rewards" said Mark Eberhard, CEO and President.
"The AM model store will combine the most positive attributes of a successful retail indoor shooting facility. AM stores will be the best examples among the representation of the industry and serve as benchmarks against which all other facilities are measured," Eberhard added. American Marksman Indoor Shooting Sports Centers operate in the 4 billion dollar hunting and shooting sports industry. "Specifically, we engage the indoor shooting range industry by providing retail range facilities, firearms and related products and services, and personal security training for recreational shooters and law enforcement clientele," said Eberhard.
Today's recreational customers seek extraordinary experiences. American Marksman is transforming the industry through implementation of exemplary operations that offer an extraordinary customer experience.
About American Marksman
American Marksman, a Pensacola-based firm, is currently building a nationwide chain of shooting sports stores that create value for customers, employees, and investors, and that the interests of these three groups are inextricably linked. AM's mission is to provide an extraordinary shooting experience for individuals of all levels of expertise, and the leadership for store management to achieve a level of profitable operations that exceeds the 75th quartile of the S&P 500.
A three-stage strategic development strategy encompasses industry and market research, team building, proof of concept validation, and roll-up. For additional information about American Marksman, please visit: www.americanmarksman.com
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