Retail - Home Furniture & Furnishings | Retail - General Merchandise Stores

Asking Price	$235,000	Inventory	$12,000*
Gross Income	$610,000	Real Estate
Cash Flow	$124,000	Year Established	1991
FF&E	$25,000*	Employees	4

* included in the asking price

** not included in the asking price

WOW - Great Growth Opportunity - Consignment Store

A unique opportunity to own an award winning, well known and established high-end consignment store that specializes in home furnishings and clothing. The business was established in 1991 and has become the largest in New England. They are a leader in Rhode Island and well known for great buys and an enjoyable shopping experience. Individuals bring product to you to sell (consignors). The business has developed a loyal customer base as well as over 1,700 consignor accounts with 200 active at all times and has a great reputation with consumers and its competition for higher quality merchandise. You just host the product in your retail store and split proceeds on the sale 50/50 with the consignor. No inventory investment required. The operation is fully computerized with a software product unique to consignment shops which includes a bar-code system with automatic mark-downs and tracking to insure increased turnover of product.

Facilities: The business is located in a 12,000 sq. ft. prime retail location with plenty of parking and has great roadside traffic with a 35,000 + vehicle count per day.

Competition: This consignment store is the leader in the New England area and has a fine reputation among it's competitors.

Growth/Expansion: There is a great opportunity to increase and improve cash flow performance of the business through a web presence (i.e. ebay store, craig's list, etc.) as well as promoting itself as a "Green" resale shop. They have been in the recycling business long before it was fashionable.

Support/Training: Seller will provide Buyer with training

Reason Selling: Retirement