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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 |
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:
RetirementAdditional 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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