Presentation on theme: "ReStore Basics Ron Chenevert Manager HFH ReStore Baton Rouge."— Presentation transcript:
ReStore Basics Ron Chenevert Manager HFH ReStore Baton Rouge
Experience Retail Hardware Owner – 37 years Habitat for Humanity Volunteer – 19 years HFH ReStore Manager – 6 years
Why ReStore? Provides reliable source of unrestricted income Provide a place where public can purchase low cost materials Recycle – Reuse – Save landfills Provide an opportunity for volunteers and donors to contribute to Habitat’s mission.
Habitat ReStore Baton Rouge Purchased Building – June, 2003 Grand Opening – November, 2003 Start-up costs – $30,000 (lots of volunteer effort) Size – 39,000 sq. ft. display & 5,000 sq. ft. warehouse Yearly Sales – Approximately $425,000 GBR Area population – 500,000 people Staff – 5.5 FTEs Paid, 2 FTEs Regular Volunteers, 1 FTE Other Volunteers Merchandise – Primarily building materials – ALL DONATED
What’s the Deal Here? Donated Merchandise Volunteer Labor Little or No Competition Natural Fit for a Home Builder Non-Profit Practically Unlimited Customer Demand
Requirements The People The Location The Building The Customers
Homeowners on a budget Small apartment owners Remodelers Bargain hunters Handy men (women) Antique salvagers Many, many regular shoppers
The Location Destination Store – not a convenience store Area with Affordable Occupancy Costs Major Street or Highway, preferable Retail Area, preferable Note: - Seek advice of commercial real estate professional
The Building Size – 20,000 sq. ft. or larger, recommended Retail-type Layout, preferable – Lighting, parking, flooring, safety features – Outside “yard,” recommended Other Considerations – Cost of Occupancy – Buy or Lease
The People Store Manager ***The Getter*** Inventory Stockers, Pricers Drivers Cashiers Bookkeeper
Rocket Science? NO Get Merchandise Price Merchandise Ring Up Merchandise Sales
A Business? Definitely Donors and Customers require you to be a professionally run business.