|
Used children's clothing, baby gear, toys, books and dvds
The investment required to open a Boomerang Kids Franchise is between $167,000-$240,000. There is an initial franchise fee of $35,000 which grants you the license to run a business under the Boomerang Kids name.
Boomerang Kids Expands Into Quebec
For most couples, having four children under five years old would be workload enough. That's clearly not the case for Amanda and Benoit Lauzon, who have just opened a Gatineau franchise of Boomerang Kids, the popular Ottawa-based chain of consignment stores known for low-priced, high-quality childre...
Year | U.S.A. | Canada | International | Corporate |
---|---|---|---|---|
2011 | 0 | 0 | 0 | 4 |
Training
Comprehensive training program using lecture-style and in-store training, including manuals for tagging and processing clothes, the computer systems, and store operations and customer service
Instruction includes how to buy, consign, process and tag consignment items, sell, service, market, advertise, hire staff, buy, control and turn inventory, manage cash flow and more
Support
*Development of a comprehensive, 3-year financial business plan with monthly data
*Pro-forma scenario-based planning
*Financing options, preparing for loan applications
*Site evaluation, market analysis, demographic review
*Negotiation and "offer to lease" assistance
*Store design, floor-planning and merchandising strategies
*In-store set-up
*Back-office set-up assistance, including consignment and point of sale computer system, guidance on banking procedures and supplier management
*Initial inventory selection
*Grand Opening assistance
*On-site store opening assistance
Marketing
*Assistance with opening inventory and supplemental inventory thereafter
*Preferred vendor management and guidance on new product sourcing
*Guidance on product valuations and market conditions
*Marketing and advertising resources
*Updates to our website - www.boomerangkids.ca - with selected content tailored to your store location
Once you become familiar with operating a profitable Waves Coffee House it is very possible to open a second or third location. It is quite common in the franchised coffee shop business to own a chain of successful locations.
Business Experience:
Applicants should have net worth exceeding $250,000, including at least $75,000 in cash or liquid assets (non-retirement stocks and bonds, etc), and another $150,000 or in assets to be used as collateral to obtain appropriate financing. Proof of financial networth and assets will be required as you move forward in our franchise process.
A successful Boomerang Kids franchisee requires money, hard work and patience. It isn�t for everybody. Having knowledge of children�s products is very helpful, as is a great appreciation for kids and families. If you are motivated, organized, enjoy helping people and strive for excellence in customer service and can diligently follow our system, you are a good candidate for a Boomerang Kids franchise.
To calculate how much income a franchise owner can do at Boomerang Kids Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Legal Disclaimer: This information is not a franchise offering for Boomerang Kids and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Boomerang Kids franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
1315 Wellington Street West, Smirle Ave
Ottawa,
ON
K1Y 3B1