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The Consignment Shop

Palm Springs, CA, USA
Listed 270 days ago
Established 2011

For the past 15 years, this consignment business has established itself as a trusted leader in the designer community and among discerning clientele. Recognized for their exceptional word-of-mouth reputation, they are highly regarded by designers, top realtors, and upscale homeowners alike. Being widely known as the premier destination for consignment shopping, they offer a curated selection of the finest pieces. Their website features hundreds of unique consignment items, with new additions updated regularly to keep their inventory fresh and exciting. They maintain an active presence on Instagram and Facebook, connecting with their audience and showcasing their latest arrivals. The business is exceptionally profitable, as they do not purchase inventory; instead, their valuable pieces come to them at no cost, driving a lucrative income stream while maintaining high standards for quality and style. This information, while not guaranteed, has been obtained from sources deemed reliable. Buyer must verify the information and bear all risks for any inaccuracies. DRE #01366091 00010926

Employees

4 FT

Lease Terms

1 year and 5 months remaining.

Real Estate

Lease

Relocatable

This business can be relocated

Trading Hours

Hours of Operation: 9:00 AM – 5:00 PM Tues. – Sat. Closed Sun. – Mon.

Leasehold Rent

$250,008 per annum

Management Type

This business is owner operated.

Support & Training

The seller will train for an agreed-upon amount of time for a smooth transition.

Reason for Selling

Retiring

Financials

Asking Price
$1.1M
RevenueMost Recent Year
$1.1M
Earnings (SDE)Last Reported
$384K
Assets Value
Undisclosed
Seller Financing
Not available

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