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Designer Clothing Consignment Shop

Location  Texas,United States
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1989
Number of Employees  6 - 9
Inventory  275000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Reason for Sale  Owner moving out of the country.
Description  This high end consignment store has been in business since 1989 and is located in one of Houston's premier shopping centers. Store owned inventory has a sales tag price of approximately $2.2 million. Items are on consignment for 90 days and then become the business's inventory. Inventory includes clothes from designers such as Anne Klein, Prada, Giorgio Armani, Gianni Versace and other well known brands. The current lease will soon expire, so new owner can negotiate a new lease at the current location or move the business. Current owner has very little involvement in the daily operations. An active owner could greatly increase the cash flow.
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