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Business for Sale Summary

Locals Favorite Consignment Shop in Northern NJ. - 28659

Business Type: apparel and accessory store,children's furniture and accessories,misc. retail/non-classifiable
Locals Favorite Consignment Shop in Northern NJ.
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Financial Information (non-confidential)

General Information
Asking Price $20,000 Down Payment $20,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$20,000 Down and

Business Description

Fashionistas! This is the womens boutique shop for you! The store is located right next to an upscale restaurant. The store features womens designer clothing, handbags, jewelry and accessories, sold on concession. The beauty of the business model is it requires no cash outlay for additional inventory. Clients bring in merchandise they wish to sell on consignment. If management decides the clothing meets the store policy, an initial offering price is set by the store and agreed upon by the client. After 90 days if the merchandise is unsold and unclaimed by the client, the merchandise becomes the property of the store. Many people simply leave the merchandise if it?s not sold after 90 days, lowering the stores cost of goods sold to less than 50%. The store is operated essentially by part-timer with telephone support from the owner. Sales is expected to increase and the business more profitable with an owner operator watching the cash register and personally involved in the overall operation, particularly marketing. Ownership has stated that the business needs a hands-on owner operator, able to pay closer attention to this business and that opportunities exist for greater sales and profits. Inventory and assets go with this turn-key opportunity. This business would be a super acquisition for someone with energy and vision to grow this lifestyle business. Please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.