Turnkey Marketplace, Perfect For A Part Time Owner
Not Disclosed, OH Not Disclosed
Northern Ohio
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- RE: Turnkey Marketplace, Perfect For A Part Time Owner
- Contact: Bill White
Quick Facts
| Asking Price: | $709,000 | |
| Annual Revenue: | $3,390,456 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $257,848 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $150,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1997 | |
| Employees: | 32 | |
| BBN Listing #: | 1014907 | |
| Broker Reference #: | 4301-19571 |
Business Overview:
Own a year-round destination market for vintage goods, keepsakes and home décor where hundreds of independent vendors pay recurring monthly rent for their space, plus a commission on every sale. Rent and commissions are deducted directly from each vendor's sales before payout, keeping collection issues rare. Vendors own the merchandise, so The Company carries almost no inventory and no inventory risk.
Demand speaks for itself: there is a long waiting list for new vendors, vacancies refill within days, and sales have grown every year under current ownership. Ownership has identified a clear path to revenue growth to be shared with the buyer.
An experienced management team runs daily operations, and the owner can step away for a couple of weeks at a time without issue, working approximately 25 hours most weeks. Owner wishes to move out of state and will provide transition support. Located in Northern Ohio.
Contact the Seller:
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Property Features and Assets:
The business operates from a freestanding building of approximately 50,000 square feet under a lease running through March 31, 2031. Current base rent is $29,175 per month.
Assets = $155,000
Market Competition and Expansion:
The clearest growth lever is pricing: Vendor space rates and commissions have not seen a general increase in many years, allowing a new owner to raise revenue within the existing footprint. Marketing offers a second runway, as email marketing and several major social media channels remain completely untapped. Strong vendor demand means these moves carry little risk, since a long waiting list stands ready to fill any vacancy.
Reason for Selling:
Moving out of state. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Ohio businesses for sale
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