Curated Designer Consignment Boutique in BC

Kelowna, British Columbia


Asking Price: Annual Revenue:
$235,000 $500,000

Retail: Consignment, Pawn Shop, Thrift Stores


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RE: Curated Designer Consignment Boutique in BC Broker: Steve Harvey

Quick Facts

Asking Price: $235,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: $105,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1992
Employees: 8
BBN Listing #: 695449055
Broker Reference #: Not Disclosed

Email or Print Listing

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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!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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