MergerPlace

Upscale Consignment Shop

Virginia


  • Asking Price: $75,000
  • Gross Income: $192,193
  • Cash Flow: $22,987
  • Real Estate: Not Disclosed
  • Inventory: $25,000
  • FF&E: $20,000
  • Listing ID: #203508
  • Established: 2011
  • Employees: 1 FT/3 PT

Business Description

Upscale Consignment Shop. Nestled in a very favorable location and city in Hampton Roads, this upscale consignment shop offers a unique service and opportunity for women who shop fashion the ability to find brand treasures at great prices. Operating six years the location is established and the space is more than adequate with a reasonable lease of $3,000 per month. The owner will say it’s a fun business with strong community orientation and involvement. And this store brand is a standout as the owner is discerning and particular and as a result the merchandise is presented in such a way and with a level of quality that keeps regular customers coming back. Further to the point, the category has limits in terms of the number of stores in the area and city. This store has and is qualified and therefore is a unique find carrying a level of exclusively. Contacts are established and a regular customer base prevails in this turnkey opportunity. And a sophisticated software system is part of the equipment included with the purchase, which is the heart of the operation. The reason for the sale is based on a need for the owner to downsize their involvement in business, which will be fully explained to a buyer candidate. Mentioned here because there is upside in this opportunity that has not been addressed as a result of the owners involvement.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: Virginia

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT/3 PT

Financial Information

Asking Price: $75,000
Gross Revenue: $192,193
Cash Flow: $22,987
FF&E: $20,000
Inventory: $25,000
Seller Financing Available: No

Property Information

Support & Training:

Will train for 2 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Frank Chebalo

Murphy Business Brokers