Consignment Business: 20+ years + opportunities for growth
Business Description
Over 20 years in business - strong margins. No working capital investment. Make money day 1.
Repeat customers and many ways to grow this business. Excellent 4.2 google rating. Great location on a busy street with excellent visibility.
The owners have strong processes and software systems in place that make this easy to run! Low labor model. No inventory investment and great cash flow.
The $450,000 price does not include the real estate - 8,660 sf storefront on well-traveled street and excellent visibility. The owners wish to sell the real estate with the business, separately valued at $1,100,000.
Great candidate for SBA financing.
Owners wish to retire and will train.
Repeat customers and many ways to grow this business. Excellent 4.2 google rating. Great location on a busy street with excellent visibility.
The owners have strong processes and software systems in place that make this easy to run! Low labor model. No inventory investment and great cash flow.
The $450,000 price does not include the real estate - 8,660 sf storefront on well-traveled street and excellent visibility. The owners wish to sell the real estate with the business, separately valued at $1,100,000.
Great candidate for SBA financing.
Owners wish to retire and will train.
About the Business
- Years in Operation
- 26
- Number of Employees
- 4
- Facilities & Assets
- Owners wish to sell real estate with the business - 8,633 sf building on busy street with high visibility and ample parking.
- Market Outlook / Competition
- This business is much stronger than its competition. The store is clean and well organized. Customer traffic is strong and they have many repeat customers. Excellent software program makes the business easy to run.
Consignment industry is growing and performs well in any environment. Many ways to grow this business! - Opportunities for Growth
- The existing store can handle at least 50% more sales volume. An aggressive owner should open up additional locations.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Enjoyed 20 years of profitable operations and it is time to retire.
- Transition Support
- Owners will provide training.
- Financing Options
- Should be easy to finance with SBA loan over 25 year term when the business is purcha
Listing Info
- ID
- 2030403
- Listing Views
- 2231
Listing ID: 2030403 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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