Catylist ID: #30144947
PREMIER FURNITURE CONSIGNMENT BUSINESS FOR SALE
Business Opportunity for Sale
|Catylist Listing ID:||30144947|
|Property Subtypes:||Home and Office Furniture|
|Building Size (RSF):||12,000 SF|
|Name of Establishment:||Consign Design|
|Year Business Established:||1990|
|Gross Revenue:||$0 (Annual)|
|Cash Flow:||$0 (Annual)|
Overview / Comments
Over 12,000 SF of approx. $2 Million exquisite and unique furnishings, accessories and fine art from the Valley’s most prestigious homes to suit a wide range of personal style. Includes excellent selection of original art available at well below gallery retail. Strong visual merchandising, diverse styles, and attractive pricings have resulted in its distinction as the Valley’s Premier Consignment Gallery.
Turn-key opportunity - includes a favorable newly-extended assignable 10-year gross lease plus current consigned inventory, furniture, fixtures and equipment (F,F&E) and assets. Buyer will inherit a reputable highly profitable, proven high-volume sales model, with a strong base of repeat customers and consigners.
The Gallery is well-established in the community with a very loyal clientele, including interior designers seeking eclectic pieces. Current Owner has 26 years of consignment expertise and with five years at this location, agrees to provide design services to new owner. The staff is aware of the sale and remains committed to the ongoing success of the business under new management.
Stand-Alone building with an expansive floor plan - lots of nooks and crannies to welcome new treasures that come in daily. Occupies entire first floor and most of upstairs at the signalized Highway 111 corner gateway to Rancho Mirage and Palm Desert.
Retail businesses can be challenging ventures in an unsteady economy. However, a high-end consignment business is exceptional as one of the fastest growing enterprises because of the following:
-Inventory delivered free to your door with no obligation to accept
-No manufacturing costs
-Continual self-revolving inventory
-No shipping costs
-Guaranteed profit margin
Over 12,000 SF at Center of Valley’s Highest Traffic Corridor
Between The River & El Paseo Shopping District
Attachments & Media
|Nearest MSA:||Riverside-San Bernardino-Ontario|
|Industry Segment:||Other Home and Office Furniture|
|Reason for Selling:||Owner is Retiring|
|Value of Inventory Included ($):||$0|
|Value of Furniture, Fixtures, and Equipment ($):||$0|
|Value of Real Estate Included ($):||$0|
|Proximity:||1 mile||3 miles||5 miles|
Matthew LongstrethBaxley Properties Inc
|© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Desert Area Commercial Information Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.|