Jul 28, 2017 — Nationwide franchise resale store for children in a prime location is available for acquisition. This business was originally established in 1997 and was later acquired in 2006 by the current owner of the business. Competition is expected for this kind of industry, but the general area of this business is filled to the brim with individuals and families that generate huge demand for affordable resale clothing. Most of the customers come from the densely populated neighborhoods within the city as well as all adjacent cities from this location. Net sales average was $45,000/month that has been consistent throughout the last several years of operation with some marketing done online. Although some marketing was done through social media platforms and direct emailing, other forms of marketing needs to be utilized within the local area to truly generate more revenue as well as build a larger customer base. Local marketing can be done in various ways such as direct mailing, cold calling, and outreaching to local elementary schools as well as local communities to build database of potential customers. Creating a partnership between the school district and this business would make an optimal situation for this business to obtain used children's clothing as well as providing used clothing for young students. There is so much room to grow as the traffic within the intersection is constantly packed and the residential area nearby is one of the largest within the city that holds many families. The products that this business carries range from used children's clothing, toys, maternity clothes, books, movies, strollers, bikes, and any type of used goods that children use on a daily basis. Cutting payroll expenses by full-time owner involvement would increase cash flow drastically as well as increase the overall health of the business. This business is already in a great condition for a potential buyer to become fully involved in the business operation while proactively marketing this franchise to the local area.
Furniture, Fixtures & Equipment: $74,000 (Included in listed price)
Inventory: $100,000 (Not Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Year Established: 1997
Facilities: This business is located in a 1,530 SF retail strip center surrounded by numerous residential neighborhoods and nationwide retailers.Support/Training: The owner of the business will provide the necessary training to smoothly transition into the business operation. Corporate training will take place at headquarters for a period of two weeks.
Reason Selling: Other Opportunities
Competition: Few competitors are within the immediate market area, but the location of this business is filled with such an excess in individuals that the demand in overflowing.
Growth And Expansion: Some marketing has been done on social media and other sources, but other forms of local marketing are needed to increase cash flow and customer acquisition of this business.
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