Listing Number: 60270-699238
Description
Are you passionate about fashion, history, and sustainable practices? Are you also looking for great margins in a super-fun business? Look no further! We are excited to present this incredible opportunity to own and operate an established vintage clothing resale shop. With a loyal customer base and a prime location, this business has been a destination for fashion enthusiasts and collectors alike.
Highlights:
Prime Location: The vintage clothing shop is situated in a bustling and trendy neighborhood, offering high foot traffic and visibility. The area's vibrant culture and community have been instrumental in the shop's success, and vice versa.
Established Brand: Having been in operation for several years, the shop has built a reputable brand in the vintage fashion community. It is known for its curated selection of high-quality, unique, and timeless pieces from various eras.
Multiple Revenue Steams: Yes, they offer vintage clothing, footwear, hats, jackets, and accessories. But they also offer vintage posters, décor, and collectibles to attract a wider variety of customers, interest, and traffic flow. The collection is carefully curated and constantly evolving to ensure repeat visits and never-stale inventory, showcasing a wide range of styles and eras.
High Margins: The business procures most of their product from their loyal customers, which keeps the inventory fresh, foot-traffic high, and margins healthy!
Online presence, influencers, and followers: The shop boasts a strong and dedicated online presence, resulting in tens of thousands of followers and hundreds of thousands of digital impressions each month. They reach their clients in-store and online with consistency, ensuring top-of-mind recall and influence throughout the Cincinnati Metropolitan Area.
Eco-Friendly Approach: Embracing sustainability, the shop has developed a reputation for being environmentally conscious. By promoting second-hand fashion, it aligns with the growing demand for eco-friendly and ethical shopping.
Low Overhead: The business currently is open selected hours 5 days per week, staffed by the current owners and one other associate who is fully trained and able to perform all tasks at a high level. Low employee costs and great rent terms keep overhead low.
High Upside: For the next aggressive and savvy business owner, there is certainly room to expand the business and grow sales/profits with extended store hours, a website build-out, pop-up shops, and scale opportunities with other locations.
After years of dedication, the current owners are involved in other career opportunities, which is forcing them to make the tough decision to sell. This presents a fantastic opportunity for a passionate entrepreneur to take over and build upon the shop's legacy and solid foundation.
If you have a passion for fashion, an eye for timeless style, and a desire to make a positive impact on the environment, don't miss out on this exceptional opportunity to own a thriving vintage clothing resale shop. Take the reins of this established business and continue its legacy of style and sustainability. Inquire now to learn more and secure your future in the exciting world of vintage fashion.
At this price, THIS OPPORTUNITY WILL NOT LAST! CONTACT ME ASAP!
Price: $79,000
2021 SDE: $45,000
Current Inventory Estimate at Cost: $10,000
Current Inventory Estimate at Retail: $50,000
Listing Details
- Price: $ 79,000
- Down Payment: --
- Sellers Discretionary Earnings: $ 45,000
- Total Sales: $ 86,000
- Location: Hamilton County, Ohio
- Inventory: $ 50,000
- FF&E: $ 10,000
- Employees: 3
- Year Established: 2017
- Reason for Selling: Other Interests
- Category: Clothing
