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Established Franchise. Excellent Opportunity. Turnkey operation

Fort Wayne, IN
8000sf Storefront
Asking Price:$850,000
Gross Revenue:$1,280,000
Rent:$9,800/Month
Established Year:2001
Cash Flow:$305,000
Inventory:$170,000
FF&E:$113,691
Listing ID: 2289511Listing provided by BizBuySell
BUSINESS DESCRIPTION

Over 24 Years Serving the Community

Community's largest and oldest Resale Franchise business is for sale. Owner is retiring and looking for someone who wants to continue to serve the community. #1 Resale Business in community, good reputation, established team of employees, and serves a huge need in the community. Business works well in any economy. Once Upon A Child is the largest and most recognized Children's Resale Franchise in North America. As the established leader in the children's resale-retail space, Once Upon A Child specializes in buying and selling gently used Children's clothing, shoes, toys, equipment and accessories. Its unique business model generates traffic by purchasing gently used children's items directly from our customers, while simultaneously providing a friendly retail environment where families can shop name-brand clothing and merchandise at savings of up to 70% off normal retail prices. Sell Buy Repeat. Prospective buyer will need Franchisor approval to purchase. Contact Cat at Winmark 763-520-8464.

DETAILED INFORMATION
Location
Fort Wayne, IN
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
8,000
Lease Expiration
31/03/2032
Employees
14
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
8000sf leased shopping center space next to Walmart and Hobby Lobby. Very favorable lease terms through March 2032. Great parking and customer access. All furniture and fixtures included in purchase. Newly renovated shopping center.
Competition
Business has been the largest and oldest in the market for over 24 years. We are the leader in the market with only one other franchise competitor in market. Multiple church organizations doing some sort of thrift shop throughout city. Excellent reputation and customer service standards.
Growth & Expansion
Growth opportunities will be gained by providing exceptional customer service and marketing efforts. Maintaining inventory controls and providing the largest selection for customers at all times. Sales growth can be achieved up to $2M with some population growth and/or continued outreach within the community.
Financing
Cash, SBA, Conventional
Support & Training
Support and training provided by Franchisor. Owner willing to be available for 6 months for consultation.
Reason for Selling
Owner is looking to retire and explore other opportunities.
Franchise
This business is an established franchise
BUSINESS LOCATION
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Daryl Hackworth
Phone Number
Daryl Hackworth
Call Phone