Leading Teen Resale Franchise. Two locations!


Leading Teen Resale Franchise | 2 profitable locations in mid-TN

Business Description
Ranked as the #1 teen resale franchise by Entrepreneur Magazine.
These two profitable stores are part of the leading national retail chain, selling gently used teen and young adult clothing and accessories throughout North America. 

Customers find a huge selection of trendy, designer styles as well as everyday basics—all at up to 70% off mall retail prices. The two stores buy gently used teen and young adult style clothing and accessories that meet their criteria: name brands, cool, hip, trendy, clean and in good condition. 

Employees and merchandising
The company employs 1 full time manager with 8 part time employees in each location. Both stores benefit from experienced store managers and customer-focused staffs. The company has created a fun environment with a cool place to shop, cool music, a cool atmosphere with creative displays, great clothes – organized for ease of shopping to help their customers find the fashions they want at unbeatable prices.

How it works
1—Customers bring in their gently used brand name clothing and accessories.
2—The store personnel evaluates the items.
3—The store creates an offer based on style, condition, and brand.
4—Once the customer accepts the offer, they can be on their way with some extra cash. But 35% of these customers actually use their money to buy a new outfit. 

Products
The stores buy and sell girls sizes 0/1 to 18/20 and guys sizes 28 to 40 waist in current styles that are still in the mall.

Clothing — Body Suits · Dresses · Jeans · Long Sleeves · Pants · Rompers · Short Sleeves · Shorts · Skirts · Sweaters · Sweatshirts · Tanks

Accessories — Belts · Bracelets · Clutches · Handbags · Hats · Necklaces · Rings · Scarves · Sunglasses

Footwear — Athletic Shoes · Booties · Boots · Flats · Flip Flops · Heels · Pumps · 
Sandals · Wedges

Outerwear — Gloves · Mittens · Heavy Winter Coats · Jackets · Winter Coats · Winter Hats · Winter Scarves

Guys — Accessories · Athletic Shoes · Boots · Casual Shoes · Coats · Jackets Jeans · Long Sleeves · Pants · Short Sleeves · Shorts · Sweaters · Sweatshirts · Tanks · T-Shirts

Athletic Wear — Crops · Jackets · Joggers · Long Sleeves · Pants · Short Sleeves · Shorts -Skirts · Sport Bras · Sweatshirts · Tanks

Hours of Operation
For both stores —
Monday through Saturday: 10:00 am to 9:00 pm
Sunday: 12:00 am to 7:00 pm


Highlights

Asking Price:  $249,000

Cash Flow:  $125,893

Gross Revenue:  $1,190,003

Inventory:  $100,000 (not included in asking price)

Established:2002
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Detailed Information

Inventory:  Not included in asking price

Real Estate:  Leased Building 

Facilities:  One store location occupies 4800 square feet. Its lease runs through mid-2019. The landlord is willing to renegotiate a new longer term agreement. The other store occupies 4800 square feet with a lower level free bonus area of 5000 square feet. Note: Although the owners have not used this bonus area, a new owner may come up with a creative use of this space to make it productive. The landlord will allow the new owner to assume the lease, which runs through mid 2022.

Growth & Expansion:  The owners visit their stores two times a year. New owners who involve themselves actively into the sales and management of the operations can increase the productivity of their two locations.

Support & Training:  The franchise provides comprehensive training. The owners will remain with buyer for a reasonable period to provide adequate training on all processes and operations and will transfer all relationships with the franchisor and employees.

Reason for Selling:  The owners want to pursue their other business interests.

Franchise:  This business is an established franchise

Interested in Buying Teen Resale Clothing Business? Contact Me!


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