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Asking Price:	$99,000 USD USA Dollars
Business for Sale Industry:	Retail: Non-classifiable
Reason for Selling:	Relocating
Year Established:	2003
# of Employees:	3
Yearly Cash Flow:	$60,000
Yearly Gross Income:	$150,000

Business for Sale Overview:

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.

Property Features and Assets:

This consignment shop was established in 2003 and it is located in an historic part of town.

Market Competition and Expansion:

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.

Additional Details:

• 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 resale opportunity.
• This is not a distressed business or bankruptcy situation.