Furniture Recycling Consignment Store in Okanagan

Listing was updated at: 01/16/2020
Property Overview
Price/Rent PSF $ 119,000.00
Asset Type Business for Sale
Trade Type Sale
SQ. FT. Available 6,200
Date Available 12/06/2019
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Description

This well known and established Furniture Consignment store services those who are experiencing a home transition; weather downsizing or upsizing, moving out of town, estates, etc. by assisting those wanting to sell or buy high quality furnishings and decor. Top Quality, Upscale, Home Decor, Furniture & Accessories at Gently-Used Prices! All lovingly displayed in coordinated vignettes in our 6,200 square foot showroom. Eco-aware consumers would also rather purchase recycled articles in order to minimize their impact on our limited resources. Of course, one of the foremost reasons for increased popularity of resale is very simple . . . People LOVE a BARGAIN! Today’s consumer is more economical and would rather buy clothing, accessories and furniture for a half to a third of the original price, leaving money for other things in life such as vacations, education, investments and hobbies. The public is also keenly aware that resale shopping means more quality for less money. Since resale has evolved from the image of dark, musty junk stores, consumers today find clean, attractive and well displayed stores that offer value and selection without the new-price markup. There are numerous reasons for the increased popularity of resale. One is the increased awareness by the public of recycling. People would rather consign, sell or donate their unwanted or unneeded items than just add to the waste stream. Consignors, donors and sellers make money by selling under-loved items at our shops, without the expense, work, and bother of a tag or garage sale. By having a resale expert price and market their goods, sellers realize more income than if they attempted to do this themselves. Facilities: The business currently operates in an open/spacious 6,200 sq ft facility just one block off Harvey Ave. in busy retail area. There is an easy to access loading/unloading area. The total space of 6,200 sq. ft. is more than what this business really needs to operate. The landlord may consider reducing the space by approximately 1/3, increasing bottom line profitability by approximately $30,000 per year. Growth / Expansion: Great opportunity to increase online sales. Opportunity to expand with "new" furniture lines or perhaps more arts, collectibles, greeting cards, and gifts. Bring your drive and creativity! Asking Price: $119,000 Gross Revenue: $425,000 SDE Cash Flow: $80,000 Inventory Included: No Inventory Value: N/A Real Estate Included: No Real Estate Value: N/A Square Footage: 6,200 Years in Business: 2002 / 17 years Owner willing to train? Owner is willing to train. Reason for selling: Owner is retiring. For more information contact Business Finders Canada: (250) 491-1111 **Any images used for this posting may not be a representation of the actual Business or Property for sale** Keywords: furniture recycling business for sale, okanagan furniture recycling and consignment store, furniture business for sale, large open consignment furniture company for sale, well established furniture resale business for sale

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