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Consignment Business: 20+ years with strong margins, expansion plays

Cuyahoga County, OH
Consignment Area
Asking Price:$450,000
Gross Revenue:$450,000
Established Year:1999
Cash Flow:$235,000
Real Estate:$1,100,000
Listing ID: 2030403Listing provided by BizBuySell
BUSINESS DESCRIPTION

Over 20 years in business - strong margins. No working capital investment. Make money day 1.

Repeat customers and many ways to grow this business. Excellent 4.2 google rating. Great location on a busy street with excellent visibility.

The owners have strong processes and software systems in place that make this easy to run! Low labor model. No inventory investment and great cash flow.

The $450,000 price does not include the real estate - 8,660 sf storefront on well-traveled street and excellent visibility. The owners wish to sell the real estate with the business, separately valued at $1,100,000.

Great candidate for SBA financing.

Owners wish to retire and will train.

DETAILED INFORMATION
Location
Cuyahoga County, OH
Inventory
Not Included in asking price
Real Estate
Owned
Employees
4
Facilities
Owners wish to sell real estate with the business - 8,633 sf building on busy street with high visibility and ample parking.
Competition
This business is much stronger than its competition. The store is clean and well organized. Customer traffic is strong and they have many repeat customers. Excellent software program makes the business easy to run. Consignment industry is growing and performs well in any environment. Many ways to grow this business!
Growth & Expansion
The existing store can handle at least 50% more sales volume. An aggressive owner should open up additional locations.
Financing
Should be easy to finance with SBA loan over 25 year term when the business is purcha
Support & Training
Owners will provide training.
Reason for Selling
Enjoyed 20 years of profitable operations and it is time to retire.
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Jim
Myers
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Jim Myers
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