Resale Clothing Industry to Reach $77B by 2025
Kid to Kid stands out as a proven retail concept in the booming resale clothing industry
The resale industry is growing much faster than industry analysts predicted, with projections of growth 11 times faster than the overall retail industry. This is great news for the popular resale children’s clothing franchise business opportunity, Kid to Kid.
Not only did the resale sector grow during the pandemic, but it is projected to accelerate in the recovery, doubling by 2025 to $77 billion, according to the 2021 Resale Report by ThredUp, the largest online resale platform for women’s and kids’ clothing, shoes and accessories. The 9th annual study was conducted by third-party retail analytics firm GlobalData and serves as the most robust measure of the U.S. secondhand market.
Founded in 1992 and today having countless locations nationwide, Kid to Kid buys and sells the best clothing items that kids outgrow, attracting consumers from all economic levels. With 2021 seeing more and more people transition to business ownership, and the growth of the resale clothing industry continuing to skyrocket, our iconic children’s resale clothing franchise stands out as an investment opportunity. Entrepreneurs who want to own a potentially profitable, community-oriented retail business that helps families save money should look no further than Kid to Kid.
“Kids grow faster than paychecks,” says Scott Sloan, CEO of Kid to Kid. “Kid to Kid provides a tremendous service to young parents in communities across the nation by helping them save on buying clothing for their growing kids and giving them money for the items they’re no longer using. As a franchise system, Kid to Kid is an incredible opportunity. Not only is the customer base constantly renewing itself, but our business model is recession-resistant and minimizes our impact on the environment. This business is a win-win for franchisees and their customers alike.”
Kid to Kid is passionately committed to helping franchisees thrive
Kid to Kid is passionately committed to the success of our franchise owners. Over the past, nearly three decades, Kid to Kid has carefully developed a business model that allows entrepreneurs to take advantage of the dynamic resale industry. We have invested significantly in state-of-the-art technology, marketing experts, and ongoing training platforms to fuel owner success.
“As a franchisor, our goal is to boost the profitability, manageability, and growth of the stores in the system,” says Sloan. “We do that by providing world-class franchisee support in all aspects of the business. We have a full-service marketing team, including social media experts that make it easy for franchisees to invite customers to visit them. Our bookkeeping team helps our franchisees track and meet their financial goals. We have written our own software which helps you manage the buying process and provides detailed data and key performance indicators to help you increase your profits. Our support is robust, and we’re constantly working to ensure that your business has all the tools it needs to thrive.”
Our parent company, BaseCamp Franchising, provides franchisees with world-class training and support. Most of our owners don’t have experience in the resale clothing industry, so our support ensures that you have what it takes to successfully run and operate your store — from operations and administrative assistance, to help with finding the ideal location for your store and negotiating lease agreements.
“It’s a very exciting time for Kid to Kid,” says Dave Martell, Director of Franchise Development with Kid to Kid. “We are coming off a strong year despite the global pandemic, and there are a lot of markets that really need a Kid to Kid store. We’ll work with you to help you reach your lifestyle goals: whether that’s owning one store that allows you to juggle work and family or creating a multi-store empire that can be a major income generator. If you are organized, love working with people, and have an entrepreneurial spirit, we can fill in the rest. This is an outstanding business opportunity that really makes sense right now.”
Kid to Kid is also a resale retail concept that owners can take great pride in bringing to their community. We are known for bright, modern and aesthetically pleasing stores where busy families can save both time and money.
“A lot of people can’t afford to pay full price for clothes their kids will quickly grow out of, and the fact that we allow our customers to sell their clothes back, which we can use or donate to charities, is not only environmentally responsible, it’s a much-needed service to our community,” says Michelle Talley, owner of a Kid to Kid in Tonawanda, NY.