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The Encore Shoppe - Business For Sale

9/wk
MOUNT VERNON, Washington, United States
Photos Website Map
Asking Price$90,000
Revenue$254,735 Established1992
Cash Flow$59,238 Employees3 part-time
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
One of a Kind Women's Consignment Shop - Profitable - 25 Years
This is the ONLY totally women's consignment shop and boutique in Skagit County. No competition. This is a Niche Market. The business has been established for over 25 years with the same owner in the same location. It has the best selection of pre-worn upscale clothing from designer brands to casual everyday wear. The business has a constantly changing seasonal variety of clothes, shoes, purses and accessories. The current owner has done very little promotion over the years - she currently sends out post cards to existing customers 3 times a year and does a Yelp coupon quarterly. The business uses a Liberty 4 consignment software that has all the functions to totally run the business, including utilizing E-Bay (the current owner does not use this) a customer wish list, and it will email directly to the customer base. The new owner can easily utilize these features to expand the business. The business does not currently have a webpage and this is something the new owner can create which will boost the recognition and sales. The new owner can utilizes EBay, and similar sites, for designer products and this will skyrocket the business and increase the revenues.  The store has focused on the middle aged buyer and the new owner can widen that focus to include younger generation buyers - thus opening a totally new market for the business. The Seller is ready to retire after 25 years and pass the torch to this totally turn key business.
The business has been established for over 25 years with the same owner in the same location. There is lots of parking and easy access. The store occupies 2500 square feet and is located in an established shopping center. The base rent is $1850 per month plus NNN charges of $530 per month. The Landlord will grant a new 3 year or 5 year lease to a qualified buyer.
This is the ONLY totally women's consignment shop and boutique in Skagit County. No competition. The closest competition is in Bellingham and Everett. This is a Niche Market. The business has been established for over 25 years with the same owner in the same location. It has the best selection of pre-worn upscale clothing from designer brands to casual everyday wear.
The business uses a Liberty 4 consignment software that has all the functions to totally run the business, including utilizing E-Bay (the current owner does not use this) a customer wish list, and it will email directly to the customer base. The new owner can easily utilize these features to expand the business. The business does not currently have a webpage and this is something the new owner can create which will boost the recognition and sales. The new owner can utilizes EBay, and similar sites, for designer products and this will skyrocket the business and increase the revenues.  The store has focused on the middle aged buyer and the new owner can widen that focus to include younger generation buyers - thus opening a totally new market for the business.
The Seller is ready to retire after 25 years and pass the torch to this totally turn key business.
The Seller will provide 4 weeks of onsite training on the day to day operation of the business, operation of the Liberty software, selection of consignment items, and general information.
Clothing & Accessories Resale & Consignment, Consignment & Resale Stores, Clothing & Shoes, Secondhand, Consignment Services & Shops, Consignment Service & Shops, Clothes & Accessories Consignment & Resale, Resale Stores
Sale Reason:RETIRING
Ad #93200
Seller Reference #SEA01WA001-N257
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Contact This Seller
Randi Edwards
206-571-4745
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