MergerPlace

Consignment Boutique

Pennsylvania (Allegheny)


  • Asking Price: $150,000
  • Gross Income: $354,519
  • Cash Flow: $52,163
  • Real Estate: Not Disclosed
  • Inventory: $130,000
  • FF&E: $17,913
  • Listing ID: #211915
  • Established: 2004
  • Employees: 1 FT / 8 PT

Business Description

This consignment boutique offers customers one stop shopping for quality gently used women's apparel, home décor and furniture. It is the only consignment boutique in the area and its revenue for 2018 increased to $369,500.00.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: Pennsylvania
County: Allegheny

Company Information

Year Established: 2004
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT / 8 PT

Financial Information

Asking Price: $150,000
Gross Revenue: $354,519
Cash Flow: $52,163
FF&E: $17,913
Inventory: $130,000
Seller Financing Available: No

Property Information

Facilities:

This business is located in a strip center in the heart of the town in which it is located. It is 2400 square feet of indoor space with several small rooms that lend themselves well to being divided into department type areas for home décor, shoes, etc. This business is in an excellent location that has an extensive outdoor area at the main intersection where cars stop throughout the day.

Growth & expansion opportunities:

There is potential for growth by entering into online selling which could include utilizing, improving use of the website, and better use of emails, texts and flash sales.

Competition:

There is no current competition for this business in it's geographical area. In the past this business had 2 local competitors, however, due to their strong business practices they have managed to thrive while their competition closed.

Reason for selling:

Owner is selling due to family commitments.

Support & Training:

Will train for 2 weeks @ $0 cost. This consignment boutique offers quality women's apparel including designer brands at great prices compared to retail, high quality home décor, antiques and furniture.

Contact Business Seller

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Business Listed By:

William Ilgenfritz

Murphy Business Brokers