Once Upon a Child franchisees recognize the need for affordable children’s items in their local market and are well aware of demographics that support a high unit volume. For the franchisees, it’s an opportunity to serve the community in a positive way while providing a major cost-savings for local families and a convenient way to sell gently used items.
Buying and selling used children’s apparel, shoes, toys, books, equipment
Online child shopping sites are a good place to find gently used kids’ clothing and shoes. They offer a wide variety of items for sale at discounted prices. Some sites let you sell your own stuff. If you are a seller, consider selling items you no longer use to earn extra cash.
Children’s consignment shops can be a great way to make money while giving back to the community. They can also offer a variety of clothing and equipment to parents. Some stores accept preemie clothing and have discounts for military families.
Franchise report
Before considering buying a Once Upon a Child franchise, it is crucial to learn more about the business opportunity. A franchise is defined as a business that generates income from a set of practices. There are several elements to consider before investing in a franchise, including financial obligations, franchise fees, and franchise renewal rates. A franchisee should read the Franchise Disclosure Document to understand how the franchisee fees compare to those of other franchises. The franchisor also provides information on financing options for its franchisees.
Once Upon A Child has three metrics to measure the success of a franchise opportunity. The first is profitability. Approximately 60% of franchises disclose financial information. This helps to narrow down the pool of franchises. Another metric to evaluate is location. A franchisee should visit a minimum of five to ten franchised locations before deciding to invest in a franchise.
Locations
Once Upon a Child is an American chain of retail stores for kids. The stores sell new and used items for children. The company began franchising in 1992 and is based in Columbus, Ohio. In addition to a national network of stores, the company also offers franchise opportunities. The company’s current CEO is Brett Heffes.
Brands offered
Once Upon a Child carries a variety of clothing brands for your little one. From current styles to highly coveted brands, the store offers everything from basic items to fashion-forward styles. Of course, these coveted brands tend to be pricier, but you can always find a gem here. For example, Jamie Kay is one of the many unicorn finds you can find at Once Upon a Child.
Once Upon a Child is a national retail resale franchise operated by Winmark. The company offers its store owners comprehensive training, including 65 hours of classroom and in-store training. The company focuses on providing high-quality, gently-used children’s items. Along with Once Upon A Child, the company also owns Plato’s Closet, Play It Again Sports, and Style Encore.
Franchisees’ standards
Once Upon a Child franchisees are required to meet certain standards in order to be approved. For starters, franchisees must be on-site and personally run their stores. They must have a job that focuses on overseeing the store. If the franchisees are corporate-owned, one of them must have at least 50 percent ownership and voting interest. They also must sell only approved goods.
Franchisees of Once Upon a Child are required to meet certain financial requirements, including liquid capital and net worth. In addition, franchisees must possess a positive attitude and have experience in business.