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Asking Price$120,000
Revenue$170,000 Established2008
Cash FlowUndisclosed Employees1 part-time
FF&E$18,000* FranchiseNo
Inventory$25,000* RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This is a high end consignment store which is experiencing a surge in growth due to the downturn in the economy. The store is occupies a unique niche within the city, and is located on a high street with free parking in front of the store. This store accepts only high end, designer label clothing and has a base of over 2500 consignors from all over Alberta and some as far away as Toronto.There is an excellent website which now brings in 30% of new customers. (60% of new customers are word-of-mouth referals, and 10% are walk-ins)Consignment store computer program in place.The website has over 700 subscribers who receive a memo at the beginning of the month listing items that have newly arrived in the store and as well VIP members receive discounts on merchandise.The store has developed an excellent relationship with high end men's stores in the city.This is a good opportunity to own your own business, with a great location, good reputation, long list of consignors, and $500,000 of inventory that you can sell and don't have to pay for.
Competition:No other consignment store occupying this niche in the city.
Training/Support:Training to be negotiated based on experience of Buyer
Seller Financing:Seller does not wish to finance because of health reasons.
Sale Reason:Retirement
Ad #81062
Seller Reference #EDMONAB001-N206
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Contact This Seller
Michael McCulloch
(780) 471-4988
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