Business Overview:
A very profitable consignment store in the heart of Lake Norman, this business is a well-run business that has enjoyed significant growth every year since opening it doors in 2007.
Distinguishing itself from area competition, this store is one of the largest in the area, selling both men’s and women’s shoes, clothing and accessories – all name brands, consisting of mall department brands and above. The business carries items for teens up to seniors, with a core market to 30-60-year-olds.
A leader in the community, in a prime location, this business has seen significant growth of the online business despite the on-going pandemic. Sales increased by approximately 40% in 2021 from 2020 and continue on an upward trend. Your inquiry today is the first step to owning this business!
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Property Features and Assets:
This business is located in an extremely vibrant, busy strip mall. 100% of the facility's 7,200 square feet is utilized.
Market Competition and Expansion:
Competition:
Although there are many competitors in the market area, this business distinguishes itself on the basis of service, being price competitive, selling superior designer merchandise, and the store environment - this store has a welcoming "boutique" feel.
Potential Growth:
The growth potential of this business is substantial with a new owner willing to invest more into e-commerce and digital marketing.
Reason for Selling:
Seller is retiring!
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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