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Florida Business For Sale |
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| FAST-GROWING CONSIGNMENT SHOP |
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| Attn: Anthony LoMenzo |
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| Hillsborough County, FL, USA |
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| Asking Price: |
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$99,000 USD USA Dollars |
| Business for Sale Industry: |
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Retail: Non-classifiable |
| Reason for Selling: |
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Relocating |
| Year Established: |
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2003 |
| # of Employees: |
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3 |
| Yearly Cash Flow: |
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$60,000 |
| Yearly Gross Income: |
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$150,000 |
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Business for Sale Overview:
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This quaint consignment shop was established in 2003; it is located in an historic part of town. It offers consigned small furniture, ladies clothes, household decor and gifts. The business has thousands of customers (60% local/repeat; 40% out of town) and about 780 consignors, 42% of which are currently active. The owner attributes her success to the high quality merchandise, great display arrangements and competitive pricing. Also, the inherent characteristics of a consignment store (no freight expenses, no inventory and 50/50 split with consignors) have made this business almost immune to recession; in fact, it does well during economic down-turns. This sort of business is a great alternative to a retail operation, especially in this economy where people’s budgets continue to shrink. The seller has increased sales each year (15% annually since 2003). In 2008, the business has grown at a faster pace (25%), mostly due to the addition of another 1,000 square feet.
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Property Features and Assets:
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This consignment shop was established in 2003 and it is located in an historic part of town. |
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Market Competition and Expansion:
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This business has no competition in the area. The owner attributes her success to the high quality merchandise, great display arrangements and competitive pricing. Also, the inherent characteristics of a consignment store (no freight expenses, no inventory and 50/50 split with consignors) have made this business almost immune to recession; in fact, it does well during economic down-turns. This sort of business is a great alternative to a retail operation, especially in this economy where people’s budgets continue to shrink. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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