A locally owned and operated Once Upon A Child franchise in Saint John, NB is now for sale. We buy and sell gently used baby equipment, children's clothing sizes preemie to youth 18/20, footwear, toys, books, and more. No local competition. Owners wish to retire. Established in 2013, the business has grown from a 3400 square foot brick and mortar storefront to a 5000 square foot store with sales increasing year over year. It has become the local go-to place for families so we would like to see it remain in the community for years to come. We are offering a turn-key business with experience staff, a full inventory, and a large social media following. Lots of room left on the lease with 2 additional 5 year options to renew. Located in a well maintained strip mall surrounded by restaurants, service vendors, and a bank in the heart of east Saint John's main shopping district. Computers and fixtures are all included and everything has been upgraded to current franchise requirements so no additional capital investments are required in the foreseeable future. Owner is willing to provide support during the transition period for a new owner. There is also a supportive franchisor and other store owners willing to provide advice or ideas. This would be an amazing business for even a first time business owner with proven sales, a solid owner salary, and all systems already in place for one fixed price. Getting into business doesn't get any easier than this!
- Asking Price:
- $250K - $500K (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1M - $5M (CAD)
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
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Lease
- Lease Terms:
-
To be disclosed at a later date, but favorable net lease terms. Currently on 5 year renewable lease with 2 more 5 year renewable options.
- Location:
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Located on the corner of Westmorland Road and McAllister Drive in a strip mall with high visibility in the core of Saint John's main shopping district.
- Premises Details:
-
The store is located in a strip mall with free parking and easy access by city bus or car. It is highly visible from the main street. Currently surrounded by well known restaurants, scotiabank, and several service vendors including eye doctor/optical store, denture clinic, and physiotherapist practice. Large shopping malls, big box stores, and movie theatre within 1 km radius.
- Size in square feet:
- 5,000
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
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There is a right of first refusal in the lease if neighboring businesses decide to vacate. The business has already expanded once in 2021, but continues to grow year over year.
- Competition / Market:
-
Currently this store is the biggest secondhand place for children's items in the Saint John region. Value village does sell some kids items, but limited. There are a few brand new retailers for kid's clothing, shoes, and toys like Walmart, but options are limited. We are also the only spot where people can sell their items for cash on the spot whereas other thrift stores are donation only. All pricing is done by franchise software for ease of use and consistent pricing.
- Reasons for selling:
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Retirement
- Trading hours:
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Monday - Saturday 9am-8pm. Sunday 10am-6pm
- Employees:
- 16
- Years established:
- Opened 2013
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
Potential buyers will need to contact and apply through Winmark Corporation Franchise Development. Once application is approved, financials and other details can be discussed.
Other Information
- Support & training:
-
Support and training provided by the franchisor. Owner willing to remain during transition period if desired.
- Website:
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