#1 Children's Retail Franchise For Sale in Ellicott City, MD

Ellicott, MD (Howard County)

#1 Children's Retail Franchise For Sale in Ellicott City, MD
Contact Seller

Asking Price: $350,000

Cash Flow: N/A

Gross Revenue: $655,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $7,213 /Month

Established: 2015

#1 Children's Retail Franchise For Sale in Ellicott City, MD

Save Print Share Valuation Report

Business Description

The business model - buying and selling gently used infant and kids toys, shoes, apparel and equipment - is proven to be successful. The Ellicott City location opened in 1995 and the sales and customer counts continue to grow. The new owner of this location will be grandfathered into a lower royalty rate which is a huge opportunity. Gross sales across 370 Once Upon A Child locations averages just under $1M so there's plenty of upside with this location!

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. Recently Once Upon A Child was ranked #129 in Entrepreneur Magazine's 40th annual Franchise 500.

ABOUT ONCE UPON A CHILD:
It’s no secret – kids grow and keeping up with their changing sizes and styles can be expensive! 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.

Detailed Information

Real Estate:
Leased
Building SF:
2,990
Lease Expiration:
10/1/2021
Employees:
10-12
Facilities:
This store is located in an affluent community with huge amounts of inventory available. The shopping center has two anchor stores- Safeway and a Petco and a couple of other child related businesses. Landlord has revitalized the Enchanted Forest Shopping Center. New landscaping, new parking, attracted five new businesses in the last two years.
Competition:
There is great brand awareness in the area with two locations 30-40 min away. We have a unique approach in the industry so we don't have a lot of competition in that regard. However, when larger box stores have 80-90% off sales it is more difficult for us to compete.
Growth & Expansion:
Hiring a quality manager and following the corporate model is essential for growth. In addition, this location will strongly benefit from marketing initiatives and a more active social media presence.
Support & Training:
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.
Reason for Selling:
Relocating and retiring.
Business Website:
http://www.onceuponachild.com/ellicott-city
Contact Seller

Contact the Seller

Contact Seller Loading

Pete First

Business Listed By:
Cat Eckstaedt

Winmark Corporation

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1591579 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Russo’s New York Pizzeria

Franchise Opportunity
Capital Required: $250,000