Resale Consignment Shop - Upscale Area
Location Arizona,United States
Asking Price Range $250K - $500K
Gross Revenues $594449
Net Profit / Cash Flow $102847
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2009
Number of Employees 4 - 5
Inventory 53000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Yes
Reason for Sale Moving
Description Opened in 2009 - this Consignment Shop has expanded to 7500 SF and two storage rooms. Seller states the Lease includes an exclusive in the strip center for their type of business. Sellers advertise on Craigs List, FaceBook and have a great website. Business has exploded with over 2500 Consignors - alot of designers and wealthy clients plus 3-4 new consignors per day. Very detailed Consignment sales & tracking software included! Three (owners) share time - approx.40 hours a week onsite and are able to come and go as they please as there are 5 PT employees who love to be there. 680K+ (at cost) in consigned Inventory is currently held on site which includes childrens clothing, toys, books, womens shoes, purses, clothing and childrens clothing. Obligation (payouts held by company) of approx 38K will be left behind with the business. Please contact Susan Tanko-Manoghe WCI Brokers Central at 602-795-2005 ext 105 for details
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