Seller's Contact Information

  • RE:  Retail Store Franchise - Newark
  • Contact:  Marc Camras
Listing Update!
Update: Retail Store Franchise - Newark is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Retail: Consignment, Pawn Shop, Thrift Stores Industry.

Business Overview:

Young adult resale clothing industry business available. Brand is highly recognizable and a leader in the teen and twenty something demographic. This franchise has a systematic approach to monetizing this target market, and also serves a generation that values fashion as well as recycling - so they feel good about where they are shopping. Excellent training and support to help ensure that your business will be successful.

Market Competition and Expansion:

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Reason for Selling:

Personal

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is a franchise resale opportunity

Relevant Links:

Listing Update!

Update: Retail Store Franchise - Newark is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Retail: Consignment, Pawn Shop, Thrift Stores Industry. You may also be interested in signing up for Email Alerts for listings that match your search criteria.

Similar Active Listings That May Interest You:

Asking Price: $430,000

High-End Clothing & Home Goods Consignment Store

Denver, CO
Denver County

Are you ready to step into the world of fashion retail? An incredible opportunity awaits with the purchase of this well-established clothing consignment store. With a strong reputation and a loyal customer base, this turnkey business is poised for continued success. In business since 1998, this consignment store carries an extensive line of quality, brand name pants, denim, athleisure, dresses, skirts, shirts, tops, sweaters, shoes, boots, handbags, jackets, coats and more. Complimenting their apparel is a nice selection of designer accessories including purses, belts and jewelry. The store appeals to a broad demographic, offering something for everyone. In addition to fashion wear, the business has dedicated floor space for designer decor including decorative pillows, art, furniture, antiques, dishes, glassware and seasonal home accessories. Operating from a 4,000 square feet, fully utilized leased space, their location contributes significantly to their success. The store enjoys high foot traffic and visibility, attracting fashion enthusiasts and bargain hunters alike. Ample parking is available. As a new owner, you will benefit from the 23,000 customer base of fashion forward individuals who appreciate sustainable and affordable merchandise. The business is positioned for a smooth transition thanks to a stream-lined consignment process and a friendly, knowledgeable and experienced staff. Their POS system is custom designed specifically for consignment stores. Much of their growth is attributable to referrals and word-of-mouth advertising from satisfied customers. Competition is limited due to the quality and condition of the consigned items they accept. As the current owner looks to retire, this business presents a unique opportunity for an ambitious entrepreneur or passionate fashion enthusiast to build on the past success of this thriving store. SBA financing is available for a qualified buyer.

Read More
Cash Flow $180,962
Revenue $877,743

Asking Price: $370,000

Highly Profitable consignment Store

Beaufort, SC
Beaufort County

In the current age of resale, this offering sets a high standard for service in Beaufort County. The 4000 sq. ft. shop displays ladies’ apparel and accessories, furnishings for every room, as well as decor, rugs, and lighting. Inventory turnover is very rapid giving shoppers a reason to return often. The Beaufort County area presents a unique opportunity to consign high-quality items due to the region’s strong demographics. Contracted workers for this service are longstanding and reliable.The business has been in operation at the same location for 16 years. Purchased in Dec 2010 by current husband and wife team, the sales growth before Covid (i.e. 2011 as base through 2019) has averaged 17% per year. Forced to close for one month in 2020 and suffering significant declines in sales both the month before closure and the month after re-opening the actual level of activity for 2020 compared to 2019 was only down 6%, with a full recovery in monthly sales levels occurring in August and the remainder of months in 2020 exceeding their 2019 counterpart by 15.5%, Further sales for 2021 are on a path to achieve another record year given the sales numbers for the 1st qtr. Numbers of active consignors is now over 1,500 with that number steadily increasing. An active consignor is someone who has consigned with the store within the last 12 months.Initially radio and print advertisement were implemented to grow the market and consignment base. Local TV talk show appearances, and women’s clubs came next and created a more personal relationship with both consignor and shopper. Close connections with real estate agents, and property managers meet their needs and provide a steady stream of consignment referral. Well established relationships with retail furniture store sales persons further broaden that base. For clients who may be moving, household reviews are provided by owner giving market values of furnishings in a spreadsheet format. These reviews have become tools that homeowner, real estate agents, and the shop have found very beneficial.Sales are encouraged by word of mouth and the involvement of the owners in various community funds and events.

Read More
Cash Flow $181,247
Revenue $915,375

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