Business Overview:
An exciting opportunity to own a 30-year old, successful designer consignment store. This store is located in a great location, and high traffic area with very little overhead and supply cost. This is a proven, successful business model. There is a lot of repeat business with 13,000 consignors and 4,000 subscribers to their newsletters, active Instagram and Facebook pages. In spite of COVID-19 closures the business sustained the revenues and kept up with the growth.
After 30 years of building this business into turn-key operations the owner is looking to retire. The current owner is willing to train the new owner(s). This Business is profitable and extremely well-priced to sell.
Own this recession proof Business, become a proud owner and be part of the local community!
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Property Features and Assets:
A 3,464 square feet leased space with 4 dressing rooms, 2 bathrooms and storage.
On site storage of 383 square feet available if someone wants it.
The Business comes with 3 staff parking stalls and one loading zone.
Market Competition and Expansion:
Online sales are a huge growth opportunity for a new Buyer.
A separate clearance center can be opened for the overflow merchandise.
The local growth opportunities in the surrounding area is going to bring in more foot traffic.
Reason for Selling:
Retiring
Additional Details:
- The property is leased.
- The owner is not 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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