Business For Sale

Consignment, Vintage and Resale Shop

Not Disclosed, IL
DuPage County


Asking Price: Annual Revenue:
$119,900 $301,429

Retail: Clothing & Accessories


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RE: Consignment, Vintage and Resale Shop Broker: Terry Flanagan

Quick Facts

Asking Price: $119,900
Annual Revenue: $301,429
Net Profit: Not Disclosed
Cash Flow: $24,355
Total Debt: Not Disclosed
FF&E: $40,055
Real Estate: Not Disclosed
Year Established: 2006
Employees: 7
BBN Listing #: 37114955
Broker Reference #: 4202-14068

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Business Overview:

This is a consignment/retail and gift shop. The shop contains designer and high-end gently used women's clothing, gently used women's accessories, new jewelry, gently used furniture and new gifts. The owner assesses the clothing and furniture and retains only those items with high consignment or resale value. Both clothing and furniture are presented in a high-end retail type setting. This boutique also carries both gowns and prom dresses.

The items are displayed in a well-lit 5,000 square foot boutique. The store is located 5 minutes from a large Chicago suburban shopping mall in an upper-middle class area with high disposable incomes.

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Property Features and Assets:

The facility is located in a local mall location just a short drive from a larger retail mall. The 5,000 square foot facility offers show space for clothing, furniture, accessories including handbags and shoes, a separate area for designer clothes and gift displays. Multiple dressing rooms are available. Assets= $71,340

Market Competition and Expansion:

This store has two main competitors in the local area. Neither competitor has the value level of inventory necessary to compete with this business. This store receives inventory from and caters to a woman seeking a higher value product at considerable savings. Potential for growth is high for an owner familiar with the retail sales of women's clothing and accessories. Potential new growth opportunities are present with participation in local and regional fashion shows, increase on-line sales and website presence targeting the 28 year-old to 65 year-old age groups. Increased exposure for the boutique can be also be achieved through an ongoing involvement in networking groups and women's professional business groups.

Reason for Selling:

Owner wishes to retire.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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