MergerPlace

Boutique Pre-teen Children's Shoe Store

Ontario


  • Asking Price: $129,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #208474
  • Established: Not Disclosed
  • Employees:

Business Description

Kids’ Kicks is a well-established pre-teen children’s shoe store specializing in quality footwear and fitting services. What is unique to Kids’ Kicks is their understanding of how a children's shoe should fit. They are recognized and referred by many podiatrists and orthopedic doctors as the place to go to obtain proper footwear for kids.
The business has built a great reputation in the Durham Region for providing specialized fitting services and quality brands such as Stride Rite, Skechers, Geox, and Bogs. The store carries a wide variety of footwear including dress shoes, boots, sandals, seasonal footwear and supportive shoes to accommodate orthotics. The store also sells apparel including rainwear, hats, and mitts along with accessories such as laces, umbrellas, and shoe cleaning products. The business is not a franchise allowing ownership full control over sales, purchasing, operations, and staffing.
 
The company serves approximately 1700 clients annually with over 7000 products sold. The clientele is primarily comprised of local customers with referrals from doctors and local affiliations. The company promotes itself through local advertising, its website, and social media. The company prides itself on its own developed branding including the mascot "Kiko" that is well received by customers and children. An activity booklet to keep kids entertained during the fitting process is available at the store for free. The company has developed its own Shoe Club Loyalty and gift card program and uses a Point of Sale system to track and administrate sales, operations, and inventory.
The business is located in a newer, high growth area of Whitby with excellent visibility to Taunton Rd.  The store is 8 years new, clean and organized. The space is leased with optional extensions available. Additional space is available for future growth both in the front display section of the store and the back warehouse. The company has a well-established supply chain offering majority of brands, seasonal variety, accessories and apparel from over 60 suppliers.
 
This is an ideal business opportunity for a buyer who wants to skip the “Startup” aspect of owning a business and dive right into a profitable, well-established business.  Ownership is involved in the day to day however existing staff is capable of operating majority of the stores day to day functions without the owner's constant involvement. As part of the transition plan, ownership is prepared to train and support the new owner as needed on a mutually agreed basis.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Ontario

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $129,000
Seller Financing Available: No

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Business Listed By:

Joe Mota

ProClient Brokers Inc.