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    • Second Hand Children’s Name Brand Store

      Second Hand Children’s Name Brand Store

      Business Type

      Retail - Apparel and Accessory Stores

      Area
      County State Nebraska
      Property Status Established Business Asking Price $405,000.00
      Down Payment $40,500.00 Total Debt
      Gross Sales $1,015,360.00 Total Income
      Total Expenses Terms
      Listing Flyer
      Summary

      Financial Overview        

      List Price:        $405,000

      Gross Sales

              2015: $1,015,360

              2014: $1,139,171

              2013: $1,125,066

      Owner Profit/Cash Flow

              2015: $144,502

              2014: $196,261

              2013: $204,078

      Profit Margin:  14%

      Multiple:   2.85 *Multiples range from 1-5, with the average being 3

      Valuation: [2015] Cash Flow        x        Multiple        =        Price

                          $144,502        x        2.85           =        $411,830


      Description        

      This unique and well established, since 1996, zero to ten-year-old clothing shop is in a prime location allowing them to buy and sell clothing every day. This store is currently doing 5% new clothing and 95% resale. This is not your typical second hand store. It features brands such as:  Polo, Playskool, VTech, Disney, Carters, Osh Kosh, Justice, and more. It is located in a great part of town and is constantly flowing with clientele.  This business has been doing over a million in sales consecutively in its current location.


      The store is offering parents an easier and more cost efficient way of providing the best for their children without breaking the bank. Its Lincoln location, which has an overall population of over 258,000 people, allows the business to continue to stay busy and have the staff of 14 consistently assisting clients. The staff members are knowledgeable about child safety and committed to providing a safe environment to shop, and safe products to buy for all.


      After all debt services are paid, a new owner can expect a Net Operating Income (Profit) of $77,897. That is a 192% Return on Investment in year one of ownership.


      Assets Included in Purchase: $174,003        

      Equipment: $25,000

      Build-out: $16,675

      Inventory: $132,325

      *amounts may vary                


      Business Information        

      Year Established:1996

      Location and Service Area: Lincoln, NE and surrounding communities

      Demographics:Located in a population of over 258,000 people that are 50% Female and 50% Male with a median age of 31 (prime time to have children within the family)

      Lease: 5,400 sq./ft. at $7,281/month all included

      Reason for Selling:Health Concerns

      Employees: 14 – 1 Full Time Inventory Manager, 13 Part Time

      Hours: Monday – Saturday 9:30AM to 8PM and Sundays 12PM to 6PM

      Seller Training Period: 90 Days post-close

      Growth Opportunities: Continue to grow a social media presence to expand to a wider market

      Current Owner’s Responsibilities: Overseeing Day to Day Operations, Payroll and Bill Pay        


      Funding Example        

      Purchase Price:        $405,000

      10% Buyer Down Payment:        $40,500

      20% Seller Financing:                   $81,000

      70% Bank Loan:                             $283,500


      After all debt services are paid, a new owner can expect a Net Operating Income (Profit) of $77,987. That is a 192% Return on Investment in year one of ownership.


      Next Steps        

      For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.

              

       
      Print Listing
  • Lease / Asset Information
    • Rent $7,281.00 Rent Deposits
      Lease Ends
      Accounts Receivable Square Feet
      Inventory $132,325.00 Inventory Included Yes
      Furniture, Fixtures, and Equipment (FF&E) $25,000.00 FF&E Included Yes
      Other Assets Assets Included Yes
  • General Business Info
    • Other Information
      Employees 14 Part Time Employees 13
      Hours Open 9:30AM-8PM; 12PM-6PM Sun. Days Open Monday-Sunday
      Year Established 1996
      Training
      Selling Reason
      Property Features
  • Images
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About the Broker....

The Firm Business Brokerage

Cortney Sells
11550 West Dodge Road
Omaha, Nebraska 68154
Phone: 402.998.5288
Fax: 402.939.0857
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Contact Information

Contact Name Cortney Sells
Phone # 402.998.5288
 

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