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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