-- Maine: The Way Life Should Be! --

Easy Profits!

For new ownership, this business offers a unique entr e into the resale/consignment industry in a town and location unmatched by other businesses. In addition, the current owner has purposely kept a lid on the business growth in order to make keep it at a size that is manageable for the current owner. There are numerous ways to grow this niche, low-risk business, or keep it as is; either way, this upscale, niche Consignment Shop offers new ownership a premier business opportunity.

Industry:  Clothing and Fashion
Industry Segment:  Clothing and Footwear Retailing
Geography:  United States > Maine
Asking Price:  $275,000
Gross Revenue:  $200,000
Cash Flow:  $95,000
Cash Flow Comments:  CF before Owner/Manager salary and rent exp
Value of Inventory:  $20,000 (Included in Asking Price)
Value of Equipment:  $10,000 (Included in Asking Price)
Seller Financing:  Available for Qualified Buyers
Year Established:  1980
Mgmt. Training/Support:  Turn-key operation. All trasnition support as needed for new ownership
Reason For Selling:  Retirement
Facilities:  Approx 1,600 on high-visible, high-traffic location on beautiful coastal Maine town
Market Outlook/Competition:  For over 30 years, this business has been at heart of its unique Maine town. Retail space expanded from 1,000sf to approx 1,600 sf, which also includes storage and office space, including plenty of parking. NOTE: Annual average daily traffic for thus premier coastal town location approximates 13,000 to 14,000 cars a day! And they drive right by the Consignment Shop!
Name:  Steve Strand, CBB of Maine
Email:  sstrand@cbbofmaine.com