High-End Consignment Boutique

Vero Beach, FL
Indian River County


Asking Price: Annual Revenue:
$90,000 $54,903

Retail: Consignment, Pawn Shop, Thrift Stores


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RE: High-End Consignment Boutique Broker: Kim Capen

Quick Facts

Asking Price: $90,000
Annual Revenue: $54,903
Net Profit: Not Disclosed
Cash Flow: $16,175
Total Debt: Not Disclosed
FF&E: $1,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 2
BBN Listing #: 670511185
Broker Reference #: 170-02293

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Business Overview:

Located in high-end shopping area of Vero Beach, this charming consignment shop first opened in 1997 and has a great reputation for carrying the best ultra-high-end ladies’ wear and accessories. Specialty consignments of gently used and sometimes new apparel including business, casual, sportswear, shoes, handbags, and jewelry. Consignments accepted by appointment. Currently, 70% of the clothing is included in the purchase and 30% is still on consignment. A perfect place to set up a small office in the back for the seller who loves to advertise items online as well as sell them in the store. Shop’s reputation speaks for itself, as the same consigners and buyers constantly return. Great location and rent. Light and airy atmosphere, plenty of parking, and within easy walking distance of restaurants and more shops. The store uses the latest industry software for consignment business. No debt and tax-free benefits. The two part-time employees want to stay on. The owner wants to retire but will stay to ensure smooth transition. 2021 numbers have ramped up post Covid.

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Property Features and Assets:

Inventory: $90,000 (Included in asking price). Lease/Month: $1,350. Square Footage: 1,200. Building Type: Retail Strip. Terms & Options: 3 Year Option. Expiration Date: 1/31/2022. Leasehold: $5,000.

Reason for Selling:

Retirement

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.

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