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Hero’s Thrift Store

Hero’s thrift storeslides

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Page 1: Hero’s thrift storeslides

Hero’s Thrift Store

Page 2: Hero’s thrift storeslides

This place is very unorganized. How can anybody shop here.

• Thrift stores are flooded with messy unorganized stores.

• These stores offer a poor experience and quality

• Hard to tell the good from the from the bad

Page 3: Hero’s thrift storeslides

We Keep It Clean and Simple

• Our Solution: Excellent service and superior organization

• Our Mission: understand what our customers' needs and hopes are after buying from the Hero's Thrift Store.

• Vision: Organization to thrift stores• Values: Big harts, superior service• Strategy: Organize one item at a time

Page 4: Hero’s thrift storeslides

The Industry

• A shop that sells used articles, especially clothing, as to benefit a charitable organization.

• The number of private sector thrifts supervised by OTS stood at 765 with assets of $941.7 billion at the end of 2009.

• Thrift earnings showed signs of stabilizing in 2009 as the

• industry posted a profit of $505 million in the fourth quarter and essentially broke even for the year.

• Office of Thrift Supervision / 2009 Fact Book

Page 5: Hero’s thrift storeslides

The Market

• Today’s economy is helping the resale industry continue to grow at record rates. In fact, there are more than 25,000 consignment, resale and thrift stores in the United States.

• Society’s increasing awareness of the importance of reducing waste and recycling will influence the entire resale industry in a positive way.

• According to America’s Research Group, approximately 16 - 18% of Americans will shop at a thrift store during a given year.

Page 6: Hero’s thrift storeslides

The Competition

• The Goodwill- Strong customer base with strong reputable name.

• The Salvation Army- recognizable name with a great cause.

• Thrift Mart- Huge store with a verity of products.

Page 7: Hero’s thrift storeslides

Business Model

• Provide an organized alternative to other thrift store shoppers.

• Hero's Thrift Store will maintain our service and balance while delivering a quality product to our customers.

• We encourage our customers to help our cause and support injured firefighters and police officers.

• Provide a fun and rewarding atmosphere for both workers and shoppers.

Page 8: Hero’s thrift storeslides

Start Up Cost

• All cost will vary with sponsorships and donations, but a rough estimate:

• Startup Expenses: $10,000• Startup Assets: $5,500 with many donations• Cash for Recurring Costs:$3,600• Total Startup Costs:$19,100