Business For Sale

Kid to Kid Franchise Resale in a GREAT LOCATION!

Not Disclosed, NC
Mecklenburg County

Asking Price: Annual Revenue:
$200,000 $590,000

Retail: Clothing & Accessories

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RE: Kid to Kid Franchise Resale in a GREAT LOCATION! Broker: Karl Culpepper

Quick Facts

Asking Price: $200,000
Annual Revenue: $590,000
Net Profit: Not Disclosed
Cash Flow: $83,873
Total Debt: Not Disclosed
FF&E: $90,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 9
BBN Listing #: 450643260
Broker Reference #: 9075-758689

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Business Overview:

Kid to Kid is Ranked #207 on Entrepreneur Franchise 500 Ranking List. Recession proof 20 year old Franchise Retail Store helping families save more and waste less. This location has been serving and giving back to the Charlotte community for the last 8 yrs. The Franchisor will provide dedicated support that includes store visits, unlimited telephone access to business consultants, computer and technical support and Regional meetings.

Buyer must have 50k in working capital and pay 10k Transfer/Training Fee which is not included in the Sale Price of the Business. 10k Transfer/Training Fee includes 2 weeks of training at Corporate. Buyer is also required to invest up to $10k for marketing and pay for remodel requirements to transfer store in the amount of 21k. The remodel cost is included in the Sale price of the Business however the the 10k Transfer/Training Fee is not included in the price and will need to be paid to the Franchisor directly. Buyer will also need to assume customer on-account balances.

Franchisee has owned this business for 8 years and now looking to retire and spend more time with family.

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Property Features and Assets:

Rent with cam is $5,134 this is a triple net lease taxes and insurance will need to be paid as well. Trash is $50, and taxes are $685

Market Competition and Expansion:

We are looking for an owner-operator to help grow the business and simplify and streamline the day to day operations. This Franchise is experiencing growth each year and there's never been a better time to be a part of this Franchise Concept.

Reason for Selling:

Other business interests

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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