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  • RE:  Well Known Designer Consignment Shop
  • Contact:  Vee Vitozzi

Quick Facts

Asking Price: $299,000
Annual Revenue: $496,350
Net Profit: Not Disclosed
Cash Flow: $111,924
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2020
Employees: Not Disclosed
BBN Listing #: 940528
Broker Reference #: 3353594209

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Business Overview:

Location, location, location! This shop is in the most premium spot to deliver great sales due to organic foot traffic and high volumes of seasonal tourism. The shop has over 700 consignees and loyal customers. Very well known and sought after for the great product line of like-new and authenticated designer merchandise including Chanel, Louis Vuitton, Gucci, YSL, etc. The seller has a tried and tested model which she built with her extensive experience in developing profitable consignment shops. This shop is only open 30 hours a week and has lots of room to grow sales with additional store hours and greater online presence. Seller is willing to stay on board to assist with the transition and possibly longer term employment. Highlights: -Prime location for foot traffic and tourism -High demand products -Repeat, quality consignee base -Tested and simple business model for easy buyer transition -Currently open only 30 hours/week that can easily grow if new owner is willing to establish more retail days/hours This Florida based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower middle market.

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Property Features and Assets:

Lease/Month: $7,000;    

Square Footage: 1,028;    

Building Type: Retail Condo

Terms & Options: IncludesCAM & Prop Taxes    

Expiration Date: 6/30/2025

Market Competition and Expansion:

Miles:  10  

Years:  2

Reason for Selling:

Retirement

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

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