Environmental Friendly and Recession Proof Franchise Once Upon A Child

Orlando, FL (Orange County)

Environmental Friendly and Recession Proof Franchise Once Upon A Child
Contact Seller

Asking Price: $175,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $0.00

Established: 2014

Environmental Friendly and Recession Proof Franchise Once Upon A Child

Save Print Share Valuation Report

Business Description

Once Upon A Child is recognized as being a leader in children’s resale. The resale industry is environmentally friendly because it reduces the amount of waste going to local landfills which reduces amount of pollution created and resources used in manufacturing new apparel. It is also recession proof because high quality gently used children’s apparel, toys, shoes, baby equipment and accessories are sold at deeply discounted, family-friendly prices making it difficult for traditional and online retailers to compete.

The current owners opened this business in 2014. They are multi-unit operators looking to downsize their operation. Staff, inventory, and procedures are all in place and ready for a new owner to step in to take the business to the next level.
Customer counts and sales in this location continue to build. System average is just under $1,000,000 and this business is located in an area that has a very high concentration of children with lots of brand recognition so there is plenty of room to grow.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,200
Lease Expiration:
3/1/2020
Employees:
15
Facilities:
Built in 2007, the plaza is very well maintained by a local management company. The store’s space is in excellent condition. There has never been a previous tenant in that space which was specifically built out for Once Upon A Child. The plaza has abundant parking (176 spaces) shared with Discovery Church, a 24 hour fitness center and office space. Once Upon A Child is the 2nd largest tenant and therefore has favorable terms. The rent is below market rate and the lease ends in April of 2020 with an option to renew at the current rate giving a new owner the flexibility to move or stay in place at the current rate. Additionally, the security deposit of $13,650 will go to current tenant at termination of the lease.
Competition:
Pros: • Population/ Demographics o 1 mile radius: 4,130 (1,073 ages 0-19) o 5 mile radius: 152,132 (39,656 ages 0-19) • Traffic: 35K - 42K Avg Daily Vehicle Traffic Count • Territory: 7 mile radius (as opposed to standard 5 mile radius) • Rent: Below market rate • No significant competition. Cons: Limited exterior signage.
Growth & Expansion:
New moms are the single largest opportunity. Appealing to new mothers at a grass roots/community level will bring in new customers that will remain a source of revenue for 12-14 years. Furthermore, word of mouth among the new mothers is free and can extend far beyond the reach of traditional advertising resulting in additional new business. To Increase Sales: On the ground networking and targeted local promotional campaigns consisting of things such as: • Sponsoring and Participating in Local Events • Partnering with Local Bloggers for promotion pieces/reviews • Direct Mail targeted at current customers • Local Daycare/Preschool contests, fundraisers and coupons • Sponsoring events at local Elementary/Middle schools (approx. 11 within 5 mile radius) To Increase Profits: • Because of absentee owners, payroll is 33% higher than average. An active owner would easily be able to control this expense. Controlling this expense in 2018 would have added $56,000 to NP. • Utilities: The store has 2 electric meters. Combining them into one would save approx. $250/month adding $3,000 to NP.
Reason for Selling:
Too many commitments.
Franchise:
This business is an established franchise
Business Website:
http://www.onceuponachildorlandofl.com/
Contact Seller

Contact the Seller

(from currently available funds)
 
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#:1591562 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


PostNet

Franchise Opportunity
Capital Required: $174,767