Turn Key Once Upon A Child Store For Sale in Rapid City, SD!

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Asking Price:
$375,000

Gross Revenue:
$1,291,585
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$250,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

The Rapid City Once Upon A Child is turn key business with loyal customer base and strong, proven sales. This is a very popular local business with little to no competition. This location has recently relocated and expanded with the new store look.

The sales are strong and above average for the franchise with proven profitability. This business moved to a larger location about a year ago going from 4,500 square feet to 6,432 square feet. As a result they saw an amazing 6.24 increase in sales in 2018 and expect to exceed sales goals in 2019.

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.

About the Business

Location:
Rapid City, South Dakota
Year Established:
2013
Number of Employees:
21
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
6,432
Rent:
$8,313.47 Per Month
Facilities:
The shopping center is in good shape with good landlords compared to Baken Park where we were located prior to moving in April 2018. When we moved, we moved walls and the bathrooms to better suite the store’s needs. The space is very clean and has had the required Winmark refresh which will save the new owner a significant amount ($60,000-$75,000). New light marquee signs were just installed on Jackson Street and Mountain View Road in February 2019 at a cost of $12,000.
Website:
www.onceuponachild.com/rapid-city
Market Outlook/
Competition:
Not much. I do not feel like we have much direct competition but some minor competition might include mom groups, online garage sales, Wear it again Sam’s, Pack Rat Palace.
Growth & Expansion:
Continue to market and advertise within the local area. Manage people, inventory and sales.
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About the Sale

Reason For Selling:
Family Commitments
Training/Support:
Training is provided and required by the franchisor upon transfer. On-going support in advertising, merchandising, financial and inventory management, social media training and more are 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:
1639065
Ad Detail Views:
0

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Business Listed by

Cat Eckstaedt

Winmark Corporation
License# 1

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