CHILDREN CLOTHING RESALE RETAILER - FRANCHISE
Seller:
Not Available
Location:
Harrisburg, PA, USA
Listing Number:
"OUACPA1"
Overview of the Business:
This is a children store selling both new and "gently used" clothing, toys, furniture and various children accessories. Take advantage of Once Upon A Child's unique business model of buying and selling gently used merchandise. The product lines of the store are geared for the age range: infant up to child size 16. The owner maintains very high standards on used toys and clothing and will reject any items not considered in top quality condition. This is not a consignment store rather it is a resale shop. All used merchandise is purchased outright from the customers with only very unique or "high-ticket" items taken on consignment. It is a very clean, upscale store with excellent signage and display areas. A sophisticated POS (Point of Sale) computer system labels all purchased items with a bar code, registers the cost of the item, and it's selling price. Buying and selling of used items is easy and accurate. The reseller deals with over 20 major vendors, including: Graco, Kolcraft, Cosco, Century, and Safety 1st. These vendors regularly send emails to the store offering excellent deals on closeouts, special pricing, and overstocked inventories. This allows the retailer to compete directly with high volume retailers like WalMart and Toys R' US on new products.
Asking price includes $50,000 Fixtures, Furniture & Equipment and $55,000 Inventory.
Property Features and Assets:
The store occupies 5,000 square feet but only paying for 4,000 square feet. The lease term is valid through December 2011 with a two - five year renewal options. The current base rental rate is $5,246.00 per month including CAM charges.
Market Competition and Expansion:
Premiere Reseller of Children clothing and products. This store has been in business since 1996 and still growing. Recent store expansion and remodel completed in 2006. One of a kind brand in Central PA and very profitable.
Additional Details:
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