Consignment Retailer- Niche Product in Prime Market

Business
  • Listing# : 17847
  • Listed Price : $60,000
  • Total Sales : $200,974
  • SIC : 459510
  • Down Payment : $6,000
  • Status : Under Contract
  • Discretionary Earnings : $42,089

Business Type :

Retail Miscellaneous / Consignment Shop

Business Description :

This business provides affordable used gear to outdoor enthusiasts through a boutique shopping experience.  For sale is a newly established, highly curated, and strategically branded opportunity to dive into the re-use community through the expansion of a burgeoning brand .  With a health and wellness conscious, high income community surrounding this store, the potential for profitability and continued success is good.  Because the re-use community tends to run counter-cyclically, it is well position for any potential economic slow-downs as well.

The current owner works 40 hours per week in the operations of the business, including inventory management, sales, HR, marketing, accounting, admin, and general shop upkeep.  There are currently 3 PT sales associates that help run the retail operation and social media.  There is promotion potential within the current staff if a new owner is interested in exploring that option.

Year-over-year sales are up approximately 20%, with momentum still building rapidly.  Relying primarily on word-of-mouth marketing, the success and growth of this business has only just begun.  Good opportunity for someone wanting to expand into a niche market in a growing community, or someone new to business that wants a simpler operation to take over and take to the next level.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $0
    • Incl :
    • Liabilities $0
    • Incl :
    • FF&E $8,290
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $10,000
    • Incl : Yes
    • Total Assets $18,290
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Retail Miscellaneous
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