Consignment Shop in Downtown River

Rocky River, OH (Cuyahoga County)

Seller Financing Available
Consignment Shop in Downtown River

Asking Price:$21,000

Cash Flow:N/A

Gross Revenue:$190,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Lease Rate/Sq. Ft.:$0.71

Established:N/A

Consignment Shop in Downtown River

Get Financing Save Print Share Valuation Report

Business Description

Reduced! Motivated Seller

Cleveland-West clothing and home furnishing/decor consignment store for sale. The store has been a fixture in the community for decades, and has recently experienced a renaissance in reputation and appearance.  Sales have increased 90% over the last year.  

The current owner has invested heavily in brand building in the area, which has enhanced sales and will continue to do so into the future.  

Well located, this consignment store draws from residents all over the west side of Cleveland, as well as the east and south sides of the region.  While there are other consignment and resale stores in the area; ours has risen to the top in reputation! 

There’s truly something for everyone here. Primarily consigning and selling women’s clothing and fashion accessories, the store also offers consignments for men, children, and the home. Customers range from young professionals to career women and stay at home moms, early 20s into 60s and 70s!  Our customers are fashion-, bargain- and recycling-conscious.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
6
Facilities:
Large lease space in a high traffic area. 25' wide storefront with rear entrance and ample parking. Includes two levels of retail space, approximately 3500 sq ft. Huge Exposure. Recent software upgrade to widely used consignment industry program enhances daily operations. 3 computers, 1 laser printer, ticketing & receipt printers, 2 cash drawers, ample store fixtures and displays. Customer/Consignor list of over 3000.
Competition:
Prime location. Considered to be easy to work with by consigners, and best value compared to resale and other consignment shops in area. Other consignment and resale on west side, but none are as diverse in product offerings or as competitive in price. New 'high-end' consignment store in the area has positively impacted my business; it has driven many new consignors with high-quality goods to my store.
Growth & Expansion:
Online auction services/eBay drop off location presents great opportunity for growth. Ample space for cataloging and storing auction items. Huge opportunity to expand customer and consignor base with schools/parent associations and other groups looking for an easy way to raise funds.
Support & Training:
Training and support available. Two weeks training with new owner.
Reason for Selling:
Other responsibilities. Motivated to sell!

Listing Statistics for Premium Members

Ad#:1244181 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Business Listed By:
John

Show Phone Number
Find out more...

Get more details about this business.


Similar Listings