Large National Retail Portfolio
SPMG were engaged by the client to conduct a thorough review and restructure of the business’s asset portfolio to minimise losses and maximise returns.
Large National Retail Portfolio
Project:
Large National Retail Portfolio (Goodyear)
Role:
Confidential
Confidential
Client:
Confidential
Partners:
Summary
SPMG conducted a thorough review and restructure of the business’s asset portfolio to minimise losses and maximise returns. This process involved an in-depth assessment of property and asset ownership, including property and fleet leases, ownership verification, and profit and loss analysis to establish a clear baseline.
SPMG provided recommendations and prepared business cases for asset disposals, including fleet, material handling equipment, tools, and properties. They arranged for the return of leased assets to reduce losses from underperforming or vacant assets. The outcome included a tailored plan for each of the 270 properties, forecasting over $20 million in rental profits to offset restructuring losses across the business.
SPMG provided recommendations and prepared business cases for asset disposals, including fleet, material handling equipment, tools, and properties. They arranged for the return of leased assets to reduce losses from underperforming or vacant assets. The outcome included a tailored plan for each of the 270 properties, forecasting over $20 million in rental profits to offset restructuring losses across the business.
