Phone: 12504911111
Email: manager@businessfinderscanada.com
Business Type |
Clothing/Fashion |
Price |
$235,000 |
Real Estate Included |
No |
Real Estate Value |
$ |
Revenue |
$500,000 |
Cash Flow |
$105,000 |
Years in Business |
29 |
Is Inventory Included |
No |
Inventory |
30000 |
Type of Sale |
Asset/Share |
Business Description
An exciting opportunity to own a 30-year-old, successful designer consignment store. This store is in a great location, and high traffic area with very little overhead and supply cost. This is a proven, successful business model. There is a lot of repeat business with 13,000 consignors and 4000 subscribers to their newsletters, active Instagram and Facebook pages. Despite COVID-19 closures the business sustained the revenues and kept up with the growth.
After 30 years of building this business into turn-key operations the owner is looking to retire. The current owner is willing to train the new owner(s). This Business is profitable and extremely well-priced to sell.
Own this recession proof Business, become a proud owner and be part of the local community!
Facilities
A 3,464 sq. ft. leased space with 4 dressing rooms, 2 bathrooms and storage. On site storage of 383 sq. ft. available if someone wants it. Business comes with 3 staff parking stalls and one loading zone.
Growth/Expansion
Online sales are a huge growth opportunity for a new Buyer. A separate clearance center can be opened for the overflow merchandise. The local growth opportunities in the surrounding area is going to bring in more foot traffic.