Well-Established Children's Resale Store

Kid to Kid, South Austin is a member of a highly successful franchise organization supporting nearly 100 franchisees in 27 states. Buying and selling the best things that kids outgrow. The business model incorporates the concept of upscale children’s resale items including children’s clothing, toys, footwear, baby gear, maternity, and selective name brand new merchandise – games, puzzles, umbrellas, dance wear, hair bows, etc. Kid to Kid South Austin is well-established in a prime location and has been operating profitably for six years. The store occupies 3,225 SF retail space in a high profile center that includes a Target, Office Depot and Guitar Center. The location is at a high traffic area at the intersection of major Austin freeways with multiple access routes. The business has built a substantial customer base through advertising and social/digital media outlets including Facebook, Instagram, text club, print media, email notices, etc. The upscale resale industry is fast growing as customers engage their buying habits to being budget conscious. The majority of inventory is acquired from families and gross margins approximate 65%. Customers appreciate the efficient buy process where they are paid on- the- spot for the items they sell to the store. Optionally, customers may elect to waive the cash payment and receive an additional 20% of their sell price in store merchandise credit. Current inventory includes new and gently used items of approximately 40,000 pieces. Off season items of another 30,000 pieces is stored offsite. This store is part of the National Franchise System, Kid to Kid. The franchisor provides initial and ongoing training, sophisticated inventory management systems, standardized store systems, marketing/advertising support, and sophisticated management tools & techniques to maximize the business potential. Location: Austin, Texas Year Established: 2015 Number of Employees: 8 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 3,225 Rent: $6,398.94 Per Month Lease Expiration: 12/31/2025 Facilities: 2,950 SF sales floor, Two restrooms, Storage area, Office. Large customer parking area. Four computerized registers, tag printers, receipt printers and complete supplies. Franchise transfer fees to Franchisor required. Market Outlook/ Competition: Closest competitor over 20 miles away