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- RE: Consignment Shop
- Contact: Kevin Greeley
Quick Facts
Asking Price: | $350,000 | |
Annual Revenue: | $602,731 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $168,337 | |
Total Debt: | Not Disclosed | |
FF&E: | $25 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 992617 | |
Broker Reference #: | 9525-536160 |
Business Overview:
Consignment store located in a growing community of Northern Virginia. The store services Loudoun, Fairfax, Prince William, Fauquier, and Warren Counties, as well as client who drive in as much as four hours. Dealing in items other than clothing, the store has grown over nine years with little competition. Looking for an owner with experience in thrift, picking, or general retail. The current owners and staff are willing to stay on, working with a new owner.
After working at another similar shop and having our children grown, we decided to open our own upscale homegoods consignment shop. We started with 3 employees and now have 10. In the beginning making $1k in sales was rare and a really good day. Now that figure is out daily minimum with most days closer to $2k or more. We started with 0 consignors and now have over 4,000. Our consignment appointment book is working over 6 weeks ahead.
We have won numerous local Best Ofs as well as Virginia Living magazines Best Consignment Shop in Northern Virginia.
Potential Growth
People are always asking us to do clothing. Also a bigger space is possible.
Competitive Overview
Little competition in the area for a store of this type. We have clients driving from Southern Virginia (Norfolk) to visit our store.
Contact the Seller:
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Reason for Selling:
other interestsAdditional 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
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