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
Sale Price: $680,000
Name of Establishment: Consign Design
Year Business Established: 1990
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 8/20/2018

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

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
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

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,713 39,308 78,182
Median Age: 53.98 52.64 54.5
Households: 867 19,146 38,715
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