Thriving Children’s Store For Sale
Play It Again Kids has been an integral part of raising a family in Nelson since 2002 (23 years this June). The store is focused on delivering excellence in terms of quality of retail experience, service (to both consignors and customers), products offered and value given.
This combination has resulted in extremely high customer satisfaction levels, strong levels of customer loyalty and high net margins that most companies can only dream of.
A true local service, we are on first name terms with most of our customers. While intangible, these relationships represent a major benefit, and that has made our decision to sell much harder. That said, now 10 years on, our youngest son has now almost outgrown the store, so we are ready to try something new.
Because most of what we sell is on consignment, Play It Again Kids only pays for what sells.
In addition to being a greener model than most retail systems, this has many cost benefits to a potential buyer as well as strong cash flow advantages.
Consignment allows for very affordable prices making this business virtually recession-proof. We also have a number of brand-new items from a select group of Canadian vendors and local artisans.
The business is a going concern, with lots of untapped potential to expand.
Key Features Summary
•Turnkey, profitable business with good cashflow
•Consistent, strong income generator with clear opportunities for revenue growth
•Strong local brand with excellent reputation
•Franchising or multi-location retail potential
•Desirable store environment in busy downtown location
•5 year lease, co-operative landlords willing to extend to new buyer
•Strong, well-maintained customer/consignor email and contact database
•Store complete with all existing and off-season consigned in inventory (Approximately $80,000 resale value) + new stock
•Includes all fixtures, signage, computer systems, racking, storage, display items and equipment (conservative replacement value of $34,000)
•Over 2,000 active consignors – ensure plenty of stock
•Excellent systems and well documented procedures
•Very clean accounts with good historical data showing very positive sales trends
•Customer Research gives detailed understanding of customer and market environment