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This well-established clothing consignment shop has been serving the Houston area since 1987 and offers classic new and resale designer fashions for infants and young children. Stylish maternity wear, charming baby furniture, toys and accessories are also merchandised to complement its staple product line. Inventory is kept up to date with current season fashions and stocked with what customers are looking for. Customers enjoy a large selection of quality name brands at approx. 50% of regular retail price and consignors receive 40% of the sale. Revenue breakdown is 45% girls clothing, 25% boys clothing, 15% furniture and toys, 10% accessories, 5% maternity. Clothing sales are 65% resale and 35% new clothing. Three part-time sales employees and the owner work the shop. There is a multitude of opportunities for immediate growth without huge expense, such as installing a computerized POS system for faster inventory level awareness, adding internet sales to the existing website, developing an email marketing program to customers, utilizing social media (Facebook) for marketing, and adding more commercial consignors. Opening additional stores is the next logical strategy to capitalize on this business name. This concept will never go out of style, especially in today's economy. Owner financing is available to a qualified buyer.
Seller's Discretionary Earnings: $83,438 Actual
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