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Asking Price: $599,900

Plato's Closet 15 yrs Established OWNER FINANCING

Asheville, NC
Buncombe County

SIgnificant Owner Financing for right Buyer, Franchisor requires one year residency. Are you looking for a thriving business opportunity in the resale market? Look no further than Plato's Closet Asheville, a well-established resale store located in North Carolina, United States. With over 15 years of experience in the recycled clothing market, Plato's Closet Asheville has become the go-to destination for teen and young adult styles and brands in the community. Originally founded by dedicated owners who operated the business successfully for 8 years, Plato's Closet was then acquired by the current owner in 2017. Since then, the business has seen remarkable growth, with sales surpassing $1.2 million annually. The secret to this success? A relentless focus on delivering exceptional customer service, fostering community awareness, and maintaining a strong inventory management system. One of the standout features of Plato's Closet Asheville is its unique buying process, where local community members can sell their gently-used clothes and shoes for cash on-the-spot, totaling over $450,000 in payouts each year. This not only provides customers with much-needed funds but also creates a strong bond between the store and its community. The potential for growth in this business is limitless, especially with a strategic focus on targeting key demographic drivers such as students and high-growth diverse communities. By tapping into the values of affordability, authenticity, and digital connection, there is a prime opportunity to further expand the customer base and drive revenue. If you are a savvy entrepreneur looking for a turn-key resale store with a loyal customer base and proven track record of success, Plato's Closet Asheville is the perfect investment for you. With an experienced management team in place and a solid foundation already established, you can step into this thriving business and take it to new heights. To learn more about this exciting business opportunity, 

Cash Flow $233,000
Revenue $1,202,965
$ Owner Financing Available

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.

Cash Flow $181,247
Revenue $915,375

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