SOLD! Consignment store-very classy and in a great location

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Consignment store-very classy and in a great location.

Established 21 years and located in a great Twin Cities neighborhood. The owner has decided to retire.

Gross sales about $238,000 in 2015 and the store is very profitable. The owner’s role includes scheduling and daily books. She works about 20 hours per week. Cash Flow to the owner in 2015 was about $80,000.

There are six part time employees. The store is open 7 days per week…

The business leases its 3800 square feet; the lease is a month to month lease at the present time. The landlord is willing to work with the new owner. The store is very attractive and there is ample parking.

The store is well known in the Twin Cities-customers come from both cities and the suburbs. High end-name brand apparel from approximately 3,500 consignors (throughout the year).

The store is for sale for $195,000. The sale includes about $20,000 in store furniture, fixtures and equipment. The owner purchases accessories at a value approximately $3,000 (at cost). This is not included in purchase price.

 

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