Profitable Charlotte Consignment Store for sale
Retail Businesses for Sale
- Primary Category: Clothing & Accessory Stores for Sale
Consignment store located outside Charlotte, NC sells primarily children’s clothes, shoes, baby equipment including high chairs etc. It is centrally located in a downtown area with ample parking and easy access. The store currently has more than 8,000 consigners with at least 2,000 of those as repeat customers. A large percentage of those consignors are also shoppers which makes the mechanics of shopping easier for both the store and the customers.
The intake process for consignors is quite easy- no callbacks, no give backs. The owner knows what will sell, so there is very little non-saleable inventory and what doesn’t sell after a short period is donated. There is no inventory owned by the company so no risk of obsolescence. When a sale is made, the consigners account is credited with a percentage of the sale and the store takes the rest. Many consigners use their account credits to buy items from the store.
The store is fully equipped with new signage, HVAC, racks, custom built checkout /intake area and a computer system. There are two connected buildings with 2 bathrooms, 2 breakrooms, dressing rooms and a large storage area. The Company has a very active Facebook page with 2,000 and growing organic followers.
Financial Information
- $550,000 Asking Price
- $190,000 Cash Flow
- $425,000 Gross Revenue
- On request Down Payment
Business Location
- City: Charlotte
- State: North Carolina
Reason for Sale
- Purchase of anew business
Detailed information
- Year Established: 1994
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 2
- Part-Time Employees: 1
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Adjusted EBITDA: On request
- Inventory Included: No
- Inventory Value: On request
- Monthly Rent: $750
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Building Size: 2000
- FF&E Included?: No
Training/Support
- The owner will stay on for some transition period and has identified specific ways a new owner could grow the business with very little effort.
Market Outlook/Competition
- Store is only open 4 days a week, and is closed on weekends. also growth with a website & additional marketing
Business Listed by
Al Waugh
Sunbelt of CharlotteContact Business Broker
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