Upscale Clothing & Accessories Consignment Store
Listed Price: $ 89,000
Listing ID: 202008
Listing DetailsGross Revenue: $ 220,000
Cash Flow: $ 56,000
FFE: $ 5,000 (Included in Price)
Inventory: $ 70,000 (Included in Price)
Reason for Sale:
Training & Support:
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
Listing SummaryBusiness Description:
Locals favorite consignment shop located in the busy shopping center near Vail, CO. A key to success of every retail business is prime location, unique inventory and low working capital requirements. An assignable lease in the busiest local shopping and entertainment center goes with the business. The consignment store, by design, does not require tying up money for inventory. The store is well established in the community with a very loyal clientele and new arrivals of stylish clothing, accessories and gifts inventory weekly. In business since 2010, this is a very clean business with an extensive variety of inventory not typical in a standard consignment store. Existing consigned inventory and assets go with this turn-key opportunity. This business would be a super acquisition for someone with energy and vision to continue the growth of this lifestyle business. Purchase price includes furniture, fixtures & equipment, $70,000+ in inventory released from consignors and agreements for currently consigned inventory and lease.
The store’s competitive advantages are its neat and clean merchandising of selectively chosen items, attention to pricing merchandise to sell (which benefits both consignors and customers) and excellent reputation for customer service.
The store is located in a rapidly developing area, which will fuel growth organically. The store would also benefit from increased social media exposure and potentially development of an online store to reach a wider client base.
The Seller will entertain offers of varying financial and legal structures.
This retail store occupies a 1,242 rentable sf showroom in a busy shopping center area.
OperationYear Established: 2010
Employees: 1 FT, 1 PT
Absentee Owner: No