MergerPlace

Clothing & Jewelry Consignment Shop

Oregon


  • Asking Price: $80,000
  • Gross Income: $909,991
  • Cash Flow: $70,983
  • Real Estate: Not Disclosed
  • Inventory: $2,949
  • FF&E: $17,607
  • Listing ID: #208269
  • Established: 2011
  • Employees: 5 FT / 9 PT

Business Description

The company specializes in high-end merchandise, such as jewelry and designer fashion, and hires workers with in-depth category knowledge. The shop houses a fine jewelry division and designer and better brands for women and men. This also includes accessories such as handbags and shoes.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: Oregon

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 5 FT / 9 PT

Financial Information

Asking Price: $80,000
Gross Revenue: $909,991
Cash Flow: $70,983
FF&E: $17,607
Inventory: $2,949
Seller Financing Available: No

Property Information

Facilities:

Leased 5,600 sq. ft. retail space. 3 year lease, current term expires March 31, 2019. One option to renew for an additional 3 years.

Growth & expansion opportunities:

Used merchandise retailers consider buyers and sellers as customers. Utilizing various types of media to reach new customers on a consistent basis, such as television, print, and mailings will also be a factor in keeping the company in the public eye.

Competition:

The Company has high customer loyalty and repeat business. Relationships with consignors are strong and keep the shelves stocked with merchandise.

Reason for selling:

Retirement

Support & Training:

Will train for 4 weeks @ no cost This shop among the best-known consignors in the state of Oregon, and features apparel for the entire family. They also offer a selection of jewelry, accessories, and handbags. Items are brought in by consignors and held under contract for 90 days, with an agreed-upon commission for the store, depending on the amount of time a particular item remains on the shelf. The shop only collects if the item sells, returning unsold items to the consignors at the end of the predetermined period. Many jobs in used merchandise stores require few skills.

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Business Listed By:

Linn Crader

Murphy Business Brokers