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Quick Facts
Asking Price: | $297,000 | |
Annual Revenue: | $348,966 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $82,138 | |
Total Debt: | Not Disclosed | |
FF&E: | $10,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2020 | |
Employees: | 2 | |
BBN Listing #: | 884954611 | |
Broker Reference #: | 5182-782697 |
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Business Overview:
SUCCESSFUL OUTDOOR GEAR CONSIGNMENT SHOP IN EAST TENNESSEE!
A thriving and well established outdoor gear consignment shop is for sale. This business provides a convenient and safe place to buy and sell quality pre-owned outdoor gear and apparel. The business has over 1300 consigners and growing, hundreds of new customers a month, and nearly 5000 inventory items. The business has experienced a substantial amount of growth with total sales of $348K and SDE of 80K in 2022.
At this time, the business grows itself, and has a consistent following among the outdoor community. The business has a great reputation and is known by customers in and out of the state of Tennessee.
Strategically placed in East Tennessee, the business is right in the center of what is considered the gateway to the Great Smoky Mountains, the most visited National Park in the United States, with over 14 million visitors a year. The business is in a leased 3,000 square foot space. In close proximity to a major interstate.
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Property Features and Assets:
Monthly Rent: $3,000.00 Square Units (Foot, Meter): 3,000 FF&E Overview: - All office equipment & Supplies - Consignment software & equipment -All marketing materials -Racks, fixtures, and displays -Consignment clientele & their consignments
Market Competition and Expansion:
There is not another consignment gear shop in the area like this one. This store has a great working relationship with other new local outdoor gear retail shops. The business has an excellent reputation among the outdoor community with outstanding Google reviews. Consignment is generally considered recession proof. Expansion opportunities include offering gear rental and repairs and moving into a larger space to hold more inventory.
Reason for Selling:
Retirement/other business interest.
Additional Details:
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