MergerPlace

Childrens Clothing Store

New Jersey (Somerset)


  • Asking Price: $179,000
  • Gross Income: $379,194
  • Cash Flow: $19,510
  • Real Estate: Not Disclosed
  • Inventory: $43,714
  • FF&E: $48,291
  • Listing ID: #211776
  • Established: 2009
  • Employees: 4 PT

Business Description

Price Reduced – Family-Friendly Children’s Clothing Franchise, Completely Turn-Key!

This retail franchise concept offers high quality, second hand children’s clothes and toys, maternity wear, books and shoes for sale at great prices. The business is a unique store in a great location providing its loyal and established customer base affordable items in an upscale environment.

With more than 40 million children under the age of 13 in the US, the need for quality children’s products at affordable prices is HUGE and growing rapidly. In addition, the resale industry is projected to grow from $23 billion to $51 billion by 2023.

This retail children’s clothing store chain re-sells thousands of products at a fraction of the retail price. Inventory is locally sourced and sustainable, making this a business that is good for the environment. The business supports local charities through donations of items which do not meet standards of quality for re-sale.

No retail or business ownership experience? No problem! The Franchisor offers extensive training to ensure your success.

This recession-proof business with great margins is perfect for anyone who loves finding a bargain, working with families and having fun.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: New Jersey
County: Somerset

Company Information

Year Established: 2009
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 4 PT

Financial Information

Asking Price: $179,000
Gross Revenue: $379,194
Cash Flow: $19,510
FF&E: $48,291
Inventory: $43,714
Seller Financing Available: No

Property Information

Facilities:

Very Visible on major highway! 6000 sq ft of prime retail space with a 5000 sq ft selling area plus storage, break room and office. Popular retail strip center at below market base rent ($10 PSF NNN) with moderate step-ups through lease term. Long term lease through June 2026.

Growth & expansion opportunities:

Additional advertising and networking will grow this business substantially.The top stores in the country have revenues in the Millions. This is a densely populated area in a very visible and accessible location.

Competition:

There are no other stores like this one in the area.

Reason for selling:

Family reason.

Support & Training:

Will train for 2 weeks @ $0 cost. Popular brand that offers a unique opportunity for growing families to buy quality name brand kids clothing that are like NEW for a fraction of the cost. This is not a consignment shop or a Goodwill store. The store is well appointed and resembles an upscale retail kids clothing store. It could be compared to a TJ Maxx or other discount clothing store. The Franchise is well established and doing very well in other markets across the country. This is a great opportunity to buy a business at an investment level that is lower than starting a new store!

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Business Listed By:

Cheryl Venezia

Murphy Business Brokers