SE MN Children's Resale Retail

Olmsted County, MN

Asking Price:	$140,000
Gross Revenue:	$467,414
FF&E:	$15,000

Cash Flow:	$68,100
Inventory:	$75,000
Established Year:	1986

Listing ID: 2193201Listing provided by BizBuySell

BUSINESS DESCRIPTION

Consistent Cash Flow, Many Options for Growth, Real Estate Available

Well established in its market, this business provides a place for families to sell and buy gently used children's, teens, and maternity clothing along with toys and baby equipment. For sale is a company that is 35 years old and has been run by the current owner for over 25 years.

The seller is dedicated to a smooth ownership transition including a potential long-term transition plan. The company currently employs 4 full-time workers and 4 part-time workers. The business owner works about 40 hours per week, mostly buying and tagging products and doing accounting. A new owner should have a passion for families and an eye for what families are looking for in products clothing, toys, and baby equipment.

All assets needed to run the business are included in the asking price, including furniture, fixtures, and equipment along with inventory. The real estate is owned by the seller and the seller is interested in leasing or selling the real estate with the business sale.

DETAILED INFORMATION

Location

Relocatable

Inventory

Included in asking price

Real Estate

Leased

Building SF

11,000

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

The current facilities are adequate to sustain current operations. Approximately 11,000 sq ft. Seller owns the buildings and is interested in leasing to the next business owner or selling the real estate with the business.

Competition

The business has very little direct competition in the local area. Used goods stores have experienced swelling revenue through most of the five years through the end of 2023. These stores have historically performed countercyclically to the overall economy, but as income levels and consumer confidence surged early during the current period, used good store revenue continued to climb. Revenue also swelled because of changing consumer and fashion trends, leading to an influx of demand from young consumers. Moreover, numerous social media outlets and TV sho

Growth & Expansion

Taking the time to list more items online could increase sales substantially without affecting current operations. Products sold online can receive 2-50x the sale price compared to selling in store alone.

Financing

Lender pre-screened with $14K down.

Support & Training

Will train for 2 weeks @ $0 cost.

Reason for Selling

Owner wishes to retire.

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