Asking Price:

$691,000

Gross Income:

$900,000

Cash Flow:

N/A

FF&E:

$115,000.00 *

Inventory:

$90,000.00 *

Real Estate:

N/A

Year Established:

1999

Employees:

12

Business Types:

Apparel and Accessory Stores
Miscellaneous Retail

* included in the asking price

Business Description

This is a tremendous opportunity to step into a profitable, well established Once Upon A Child Franchise! The seller brought this dynamic franchise concept to the Charlotte market almost 20 years ago and the business continues to grow. Gross sales in the Matthews location have increased year over year to nearly $900,000 in 2011. Most importantly, profits have increased as well showing the efficiencies of operation with this business.

The Matthews Once Upon A Child location prides themselves on providing the best possible customer service. This service and the value consumers enjoy helped build a wonderfully loyal customer base.

This could be combined with the Pineville location as a two store purchase opportunity for a financially qualified candidate!

Once Upon A Child offers a truly unique retail franchise opportunity as the leading children s resale store of its kind -- focusing on the buying and selling of high-quality, new and gently used apparel, toys, baby equipment and furniture for children at affordable, family-friendly prices. There is an amazing amount of nearly-new clothing, toys, baby gear and more hidden in every family s home, which presents fantastic opportunities for both franchise owners and customers alike.

If you want to cash in on a proven system, an established customer base, 20 years of brand awareness in Charlotte and a profitable store with upside - this Once Upon A Child location is for you!

Detailed Information

Facilities:

Located in the best shopping center in Matthews. Laminate floors, custom fitting rooms, 16 digital internet cameras, upgraded sound system, large back room and an expanded counter are all highlights of this store. Nearly 5,000 total square feet. Store is upgrading to all current Once Upon A Child brand standards. Lease runs through 2014 with a 5 year option. Plenty of parking as well.

Competition:

No competition in the market. Loyal, long term customer base. Store is located next door to a Plato's Closet franchise with sales in the Top 10 of nearly 350 locations in North America.

Growth/Expansion:

A dedicated hands on owner focusing on one location will have an immediate positive impact to the bottom line. Store is in the midst of a facelift which will increase traffic and sales.

Support/Training:

Training required and provided by franchisor upon transfer. 8 days of classroom and in store training at franchisor home office in Minneapolis. On-going support in marketing, merchandising, inventory and financial management, trade shows, in store visits, regional conferences and more.

Reason Selling:

Exit strategy for retirement - multi-store owner.