Business For Sale

Established Kids Clothing Consignment Business

Not Disclosed, IA

Asking Price: Annual Revenue:
$75,000 $262,491

Retail: Children's Retail

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RE: Established Kids Clothing Consignment Business Broker: Brian Brown

Quick Facts

Asking Price: $75,000
Annual Revenue: $262,491
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1993
Employees: 13
BBN Listing #: 48434955
Broker Reference #: 5001-14141

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Business Overview:

This business presents a great opportunity to own your own well-established consignment store with important repeat consignors for strong merchandise supply, established clientele and valuable community recognized brand name awareness and excellent reputation.

The business has offered an outstanding selection of high quality, brand name children's, newborn, and toddler clothing, children's shoes, toys, and maternity clothing for years.

In addition to established consigners and customers, everything is in place and operates capably through the effective coordination of many established parts. Through the years, a dedicated and skilled team and effective systems and process have been put in place.

Confidentiality nondisclosure agreement required.

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Property Features and Assets:

The facility is ideal for a retail consignment boutique carrying children's clothing and related merchandise at high traffic, highly visible and accessible location. The building is well-maintained and familiar to consignors and customers. The site provides off-street parking. Assets=$20,000

Market Competition and Expansion:

This industry comprises establishments primarily engaged in retailing used merchandise including children's and infants' clothing, kids' shoes, toys and maternity goods. A consignment shop accepts merchandise on a consignment basis, displays, markets and sells products paying the owners of the merchandise a percentage when and if the items are sold under agreements with the consignors. Shops essentially work on a commission if the goods sell. The majority of such shops pay the owners from 40 to 60% of the selling price, and have a policy of displaying goods anywhere from 30 to 90 days, although there are a wide range of policies across the country. Some consignment shops also purchase a variety of items outright from individual owners and/or wholesalers. "Resale is a multi-billion dollar a year industry. First Research estimates the resale industry in the U.S. to have annual revenues of approximately $17 billion” Source: 2016 NARTS: The Association of Resale Professionals. It has become quite chic to shop resale and all socioeconomic classes are participating. Kids' consignment shops are positioned to take sales from traditional retailers, increasing their value. "While many (retail) businesses close their doors every day, resale remains healthy and continues to be one of the fastest growing segments of retail." Source: 2016 NARTS: The Association of Resale Professionals.

Reason for Selling:

Career change.

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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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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