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- RE: Long-Standing Consignment Operation
- Contact: Jonathan Mittleman
Quick Facts
Asking Price: | $98,900 | |
Annual Revenue: | $358,974 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $30,440 | |
Total Debt: | Not Disclosed | |
FF&E: | $20,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 10 | |
BBN Listing #: | 946420 | |
Broker Reference #: | 80521-988993 |
Business Overview:
Opportunity Awaits: Long-Standing Consignment Operation
This consistently performing consignment operation now charts a course driven by its substantial collection of consignors, loyal customer base, and diverse inventory. Established a decade prior, by its previous owner, and under new ownership since July 2020, the business has continued to perform under dedicated leadership, and renews its commitment to curated excellence and community engagement.
Guided by a seasoned team of retail professionals, and bolstered by its database of more than 7,800 consignors, it transcends physical confines, extending its reach beyond boundaries. With each transaction, it weaves connections, offering a haven where treasures find new homes, and relationships flourish.
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Property Features and Assets:
Monthly Rent: $3,924.00
Square Units (Foot, Meter): 2,754
Lease Expiration Date: April 29, 2025, 9:00:00 PM
Terms Options: 60 day termination by either party
FF&E General Condition: Good
Market Competition and Expansion:
Competition: Existing database of consignors and customers limits competition at current locale
Expansion:
1. Change of location to reduce overhead expense
2. Online presence and e-commerce growth
3. Expansion of product offerings
4. More community engagement and presence
Reason for Selling:
Other OpportunitiesAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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