Active
SE MN Children's Resale Retail
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.
Listed By: Josh Grode Wolters
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.
Ad#:2193201
Listed By: Josh Grode Wolters
Background information
Year established:
1986
Reason selling:
Owner wishes to retire.
Finance
Sales:
$467,414
Profits:
$68,100
Operations
Employees:
8
Equipment:
Included in asking price $15,000
Inventory:
Included in asking price
Premises
Facility:
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.
Rent and lease terms:
N/A
Location:
Olmsted County, MN
Opportunities
Growth:
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.
Price and terms
Price:
$140,000
Financing:
Lender pre-screened with $14K down.
Training:
Will train for 2 weeks @ $0 cost.