High-End Consignment Boutique - Fantastic Opp.!

Charlotte, NC
Mecklenburg County

Ballantye Village

Asking Price: Annual Revenue:
$85,000 $227,700

Retail: Consignment, Pawn Shop, Thrift Stores

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RE: High-End Consignment Boutique - Fantastic Opp.! Broker: Joe Vagnone
Owner Financing is Available!
Seller will consider some financing to the right, qualified buyer.

Quick Facts

Asking Price: $85,000
Annual Revenue: $227,700
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 4
BBN Listing #: 16236351
Broker Reference #: FASHION2

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Business Overview:

A luxury focused consignment store located in the heart of Charlotte, NC in beautiful Ballantyne Village, this profitable, well-run business has enjoyed significant growth every year since opening in 2015. Online sales growth has increased year over year and is currently 8%% of total revenue. This business enjoys a wonderful reputation in the business community as a brick-and-mortar retail establishment with a strong online presence.

Distinguishing itself from area competition, this store is luxury brand focused, focusing on Nordstrom Department store brands for women, offering luxury goods for up to 70%% off. Inventory is comprised of clothing, shoes and accessories for women.

Offering a unique, personalized concierge service approach to sourcing the best product, this store is operated by knowledgeable and stylish staff with 12 years of experience in the resale industry.

*One in three women shopped secondhand last year, and the apparel market is almost 50%% of the resale pie nationwide. Approximately 44 million women shopped secondhand in 2017 compared to 35 million in 2016.

Don't miss this unique opportunity to capitalize on one of the nation’s fastest growing industries!

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Property Features and Assets:

This store is located in a developing strip center in beautiful Ballantyne Village.

Market Competition and Expansion:

With three main competitors in the market area, this business distinguishes itself in the areas of superior service and competitive pricing. Growth & Expansion:A new owner could enjoy significant growth by investing a lot more in ecommerce to expand ecomm sales, and seek regional opportunities to host monthly or seasonal pop-ups.

Reason for Selling:

Owner is moving out of the area, and is pursuing o

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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