Childrens Clothing Store Positioned for Growth

$145,000
$318,713
$0
$78,150
$0
$0
2006
4

Description:   The childrens market is huge and growing: Already at $200B, its bigger than fast food. Each year there are about 200,000 MORE children to clothe than the year before! This is a very unique childrens clothing shop that offers the best of childrens wear, shoes, accessories, dĂ©cor and gifts for girls and boys ages 0-10. Modern styles and bold prints that exude personality. Shoes that are functional yet cool. Decor that combines form and function with a contemporary appeal. Toys, gifts and accessories that live up to the unique personality that defines the store. The owner’s have hand-picked a quality selection of designer brand clothing lines with the customer in mind that are exclusive to the area. The store is located in one of the highest traffic shopping areas within the triangle that is targeted toward middle to upper-middle income households. The store environment presents a mainstream retail image and is kid-friendly to help parents shop easier. The business has over 40K invested in a fully functional e-commerce online site that allows customers from everywhere access to their full line of clothing.

Facilities:   The 1,400 sq. ft. space rents for $4,115 per month

Competition:   Market contains two primary groups. Core Customer Group: Moms age 25-44 Secondary Customer Group: 45-65 year old females (includes Grandmothers). Unique brand recognition has been established over the past few years that defines the store from its competition. Store is located in a shopping area where different childrens businesses compliment one another by drawing the primary consumer groups above.

Growth/Expansion:   New owner could add resale of the retailers own merchandise to the store allowing customers to sell slightly worn merchandise back to the store at a marginal price and use the credit against newer merchandise. This would help to create additional volume in the store while maintaining margins. The resale sector, with annual growth rates between 5% and 10%, is growing faster than any other retail segment. A detailed customer database is maintained and can be used as a powerful marketing tool. Ecommerce site has multiple expansion capabilities.

Support/Training:   Willing to train for 2 weeks

Contact Information:

Contact:   Tim Martin

Phone:   919-861-8987

Email:   tmartin@empirebizbroker.com