Very Profitable Consignment Store Loved
Clinton, MA Worcester County
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- RE: Very Profitable Consignment Store Loved
- Contact: Peter Sarmanian
Quick Facts
| Asking Price: | $299,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $20,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2006 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1008191 | |
| Broker Reference #: | 60348-465424 |
Business Overview:
Very Profitable Consignment Store Loved By The Community!
Well established Furniture and artifact consignment store in the same location for 20 years. Located in a renovated 1913 Loft Mill building, the space is 6,000 square feet and has been owned and operated by the original owners.
The store is very well maintained with pride and has documented sales reports and cash flow for many years. The business comes turn key and the owners will train the buyer. The owners live locally and the reason for selling is they are retiring.
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Property Features and Assets:
The store is owned and operated by the same owners since the inception of the business 20 years ago. It is a staple and well loved in the community.
The store has a history of profitability for many years that is backed up by Profit and Loss statement and tax returns. Excellent investment. Own a store that is well known in the community and secondary markets.
Market Competition and Expansion:
The store has potential growth with an additional store located next door. It is a clothing consignment store that is separately available. It is owned and operated by the same owners.
The furniture consignment store operates very well at 7,000 square feet but the owners believe a bigger space would yield higher sales and profitability.
The are no other furniture consignment stores in the area.
Reason for Selling:
retiring. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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