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Profitable Antique And Homegoods Consignment Store For Sale

Orlando, Florida, US
Asking Price:
$199,000 (USD) Furniture / Fixtures included
Sales Revenue:
$235,000 (USD)
Cash Flow:
$116,000 (USD)

A successful antique business in Orlando, FL, is a strong financial performer. Income from rent paid by shop vendors, a percentage of sales from vendors and consignors at check-out, and their antique market every month. Owners sometimes sell their own furniture but hold little to no inventory. 5,000+ sq/ft showroom and warehouse in one of the hottest neighborhoods: Tons of new rooftops with lots of disposable income.

9 years in this location, solid reputation. Walk-ins, online sales and designer relationships. Monthly vintage fair in the large parking lot brings additional income and exposure. An awesome landlord wants it to remain an antique store, would like to approve buyer before closing. Growth opportunities with a hands-on owner who can further leverage sales channels & minimize costs to further increase profits. Huge advantage to improving processes with technology and more online sales. Motivated Seller! This will not last long.

Note: through a separate business, sellers advised clients and acted as designers for high net worth clients. They also facilitated repairs and reupholstery. These opportunities exist for additional income opportunities.

Buyer-signed NDA and brief PFS required prior to showing/financial disclosure. Call or text Carrie for more information.

Property Information

Real Estate:

Lease

Lease Terms:

The current lease expires 8/31/2020. The landlord wants the tenant business to remain in the building and has ok'd sale to a new owner. Very agreeable and accommodating landlord.

Leasehold Rent:

$56,040 (USD) per annum

Living Accommodation:

NA

Location:

Hot metro neighborhood. Lots of rooftops and other shops. Antique store cluster!! Charming building!

Premises Details:

Well-maintained and landscaped retail and warehouse space. Large parking lot.

Size in square feet:
4,850
Planning Consent:

none that are known to seller or broker

Business Operation

Expansion Potential:

While an established and profitable business, there is room for improvement and improved sales channels.

Competition / Market:

Unlike other retail stores, antique stores benefit from being close to other stores. This is possibly the nicest and most reputable of those stores. 100s of past consignors and dozens of "booth renters".

Reasons for selling:

Both owners are spread too thin in multiple businesses. Will focus on other projects without retail hours.

Trading hours:

Tuesday thru Saturday 11AM - 6PM

Employees:
part time
Years established:
9

Other Information

Support & training:

2 weeks, training buy one or both of the sellers

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

While not detailed or preferred, for the right buyer the sellers are open to a small percentage of the sale as a seller held note.

Furniture / Fixtures value:
$10,000 (USD) - included in the asking price
Inventory / Stock value:
$1 (USD)
Relocatable:
This business can be relocated.

Contact Information

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