Price Reduced! #1 Children's Retail Franchise - Once Upon A Child!

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Asking Price:
$220,000

Gross Revenue:
$550,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$35,000
included in asking price

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Business Description

Once Upon A Child has been a fixture in the DFW market for over 20 years so the brand name recognition is excellent. The business model - buying and selling gently used infant and kids toys, shoes, apparel and equipment - is proven to be successful. The Euless location opened in March of 2016 and the sales and customer counts continue to grow. The store already has over 5,600 emails in their database and over 4,000 likes on Facebook. Gross sales across 370 Once Upon A Child locations averages just under $1M so there's plenty of upside with this location!

The current franchisee lives quite a distance from the store and with the growing needs of the family, the time needed to focus on building the business isn't available.

Once Upon A Child, North America’s #1 children’s resale retailer, fills this need and is the solution for parents looking for high quality gently used children’s apparel, toys, shoes, baby equipment and accessories at affordable, family-friendly prices. The system average sales for Once Upon A Child is just under $1M so there's plenty of room to grow.

ABOUT ONCE UPON A CHILD
Once Upon A Child, North America’s #1 children’s resale retailer, is the solution for parents looking for high quality gently used children’s apparel, toys, shoes, baby equipment and accessories at affordable, family-friendly prices.

Parents know just how fast children grow; what fits one day seems to be entirely too small the next. That's where we come in to help, to not only get your children into clothes that fit but also to find age-appropriate toys, books, furniture, and equipment. The best part? We offer these things at prices up to 70% off of retail. How? We buy and sell gently used kids' stuff - all seasons, every day! We pay on the spot for items accepted.

If you're interested in an established business with explosive growth potential - Once Upon A Child in Euless, TX is for you!

About the Business

Location:
Euless, Texas
Year Established:
2016
Number of Employees:
11 most pt
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
4,000
Rent:
$9,583.33 Per Month
Facilities:
4,000 sf space in a busy center. Plenty of customer parking and a base of co-tenants that drive customers with kids to the store. Plato's Closet, a sister brand to Once Upon A Child is also located in this center and there's great synergy between the two brands.
Website:
www.onceuponachildeuless.com
Market Outlook/
Competition:
There are a number of Kid to Kid franchise locations in the DFW market. However, Once Upon A Child as a system is nearly twice their average sales and outnumbers them in location count almost 3 to 1.
Growth & Expansion:
There are categories within the store with room to grow and a . One of the biggest opportunity area is toys. Social media and email marketing campaigns promoting the message that the store is buying inventory and paying cash will have a positive impact on sales. Local store marketing with community events is another area that is virtually untapped and will drive new customers to this location.
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About the Sale

Reason For Selling:
Family Obligations
Training/Support:
Training provided and required by franchisor upon transfer. On-going support in advertising, merchandising, financial and inventory management, social media training and more provided by franchisor through field visits, regional meetings and national franchisee conferences. Franchisor may require an additional investment in working capital and store upgrades.

Listing Info

ID:
1533650
Ad Detail Views:
1294

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Business Listed by

Cat Eckstaedt

Winmark Corporation
License# 1

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