Cities with a strong stable or growth population density. Medium to above medium household income.
Retail Stores > Specialty
Remote Control Hobbies are a new class of hobby store with an exciting look and feel of a professional “Hobby Grade” retail brand. Well established for their “Best in Class” in the hobby store industry, a Remote Control Hobbies license includes; state-of-the-art software automation, efficient operational processes, cash flow and inventory management tools. But very different from a franchise; we have no fixed rules or significant control over a store owners product buying or day to day operational decisions.
Retail sales are driven by a specialized product line of remote control hobbies. Core products include cars, trucks, airplanes, helicopters, boats and a comprehensive inventory of parts and accessories. These high-end products are sport to professional grade and include fully repairable componentry with upgrade options. A large percentage of store’s retail traffic is repeat business and incremental business grows rapidly through the first 3 years of business. Incremental customers typically come through 1. Word of Mouth, 2. Drive by Traffic 3. Various advertising campaigns.
Market Outlook and Competition
This specialty retailer draws its core customers from an average 15 mile driving radius but has a large geographic pool of unique RC interest of more than 100 driving miles . There are no other hobby store opportunities focused on this specialty niche of deep R/C inventory and technical expertise. Remote Control Hobbies are seeing significant growth and recognition in all age and income demographics due to ease of use, technology advancements and club/affinity group activity.