Curated Designer Consignment Boutique In Bc

www.GlobalBX.com

Listing ID: 700357163

Listing Title: Curated Designer Consignment Boutique In Bc

Quick Link: http://www.globalbx.com/listing.asp?bId=357163

Industry: Retail

Industry Segment: Clothing and Footwear Retail

Country: Canada

State / Province: British Columbia

Area

City:

Asking Price Range: < $250K

Gross Revenues: $500,000

Cash Flow: $105,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1992

Number of Employees: 6 - 9

Business Description:
An exciting opportunity to own a 30-year-old, successful designer consignment store. This store is in a great location, and high traffic area with very little overhead and supply cost. This is a proven, successful business model. There is a lot of repeat business with 13,000 consignors and 4000 subscribers to their newsletters, active Instagram and Facebook pages. Despite COVID-19 closures the business sustained the revenues and kept up with the growth. After 30 years of building this business into turn-key operations the owner is looking to retire. The current owner is willing to train the new owner(s). This Business is profitable and extremely well-priced to sell. Own this recession proof Business, become a proud owner and be part of the local community! Facilities A 3,464 sq. ft. leased space with 4 dressing rooms, 2 bathrooms and storage. On site storage of 383 sq. ft. available if someone wants it. Business comes with 3 staff parking stalls and one loading zone. Growth/Expansion Online sales are a huge growth opportunity for a new Buyer. A separate clearance center can be opened for the overflow merchandise. The local growth opportunities in the surrounding area is going to bring in more foot traffic. Business Type: Clothing/Fashion Price: $235,000 Real Estate Included: No Revenue: $500,000 Cash Flow: $105,000 Years in Business: 29 Is Inventory Included: No Inventory: 30000 Type of Sale: Asset/Share



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