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  • RE:  Consignor’s Designs By Jennifer
  • Contact:  Trevor Thielke
  • License #: 17457

Quick Facts

Asking Price: $40,000
Annual Revenue: $264,872
Net Profit: Not Disclosed
Cash Flow: $46,013
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 1
BBN Listing #: 942593
Broker Reference #: 233

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Business Overview:

Consignor’s Designs, under the ownership of Jennifer Miles since the early 2000s, stands as a testament to dedication and quality in the consignment business. Taking over a store about to close, Jennifer has meticulously cultivated a dual-sided client base: those supplying inventory and those purchasing from the store. Jennifer’s approach to inventory is particularly noteworthy; she selects only furniture that meets rigorous standards and carries a unique story, ensuring that each piece adds value and character to the store. This selective process has not only elevated the store’s reputation but also its appeal to a discerning customer base seeking unique, high-quality items. Jennifer’s strategy, emphasizing quality and unique storylines for each piece, has significantly contributed to the store’s allure, attracting customers in search of exceptional, one-of-a-kind items. Her hands-on approach and dedication to maintaining a high level of service and inventory selection have been crucial to the store’s success. For those interested in owning a distinctive business with a strong market presence, Consignor’s Designs represents a remarkable opportunity. With its established brand, loyal customer base, and proven business model, the store is well-positioned for continued success and expansion. 

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Property Features and Assets:

The business is located on the busy street of Minnesota Avenue in Sioux Falls, SD. There is a large showroom with plenty of space to display the furniture and art for sale. The assets include some inventory owned by the Seller however, a majority of the furniture is on a consignment basis meaning it is owned by the client and sold by the business.

Market Competition and Expansion:

There are other businesses that do consignment in Sioux Falls, however, Consignor's Designs by Jennifer differentiates itself by only taking in high quality items and creating a great customer experience. There is room for growth through online and social media sales that the Seller isn't currently doing.

Reason for Selling:

Moving

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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