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30 Year Old Designer Consignment Store In Kelowna For Sale

Kelowna, British Columbia, Canada
Asking Price:
$235,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$500,000 (CAD)
Cash Flow:
$105,000 (CAD)

An exciting opportunity to own a 30-year-old, successful designer consignment store. This store is in a great location and high traffic area with very little overhead and supply cost. This is a proven, successful business model. There is a lot of repeat business with 13,000 consignors and 4000 subscribers to their newsletters, active Instagram, and Facebook pages. Despite COVID-19 closures the business sustained the revenues and kept up with the growth. After 30 years of building this business into turn-key operations, the owner is looking to retire. The current owner is willing to train the new owner(s). This Business is profitable and extremely well-priced to sell. Own this recession-proof Business, become a proud owner, and be part of the local community!

Property Information

Real Estate:

Real Property Included

Location:

A 3,464 sq. ft. leased space with 4 dressing rooms, 2 bathrooms and storage.On site storage of 383 sq. ft. available if someone wants it. Business comes with 3 staff parking stalls and one loading zone.

Size in square feet:
3,464

Business Operation

Expansion Potential:

Online sales are a huge growth opportunity for a new Buyer.A separate clearance center can be opened for the overflow merchandise.The local growth opportunities in the surrounding area is going to bring in more foot traffic.

Employees:
8
Years established:
29

Other Information

Furniture / Fixtures value:
$30,000 (CAD) - included in the asking price
Inventory / Stock value:
$60,000 (CAD)
Website:
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