Upscale Thrift Store with Huge Potential

Virginia

Upscale Thrift Store with Huge Potential

Asking Price: $ 75,000

Cash Flow: $2,000

Gross Revenue: $6,000

FF&E: $5000

Inventory: $30,000

Year Started: 2022

Business Description

Do you have marketing skills? This could be your hidden treasure for the right new owner. This is a boutique thrift store that specializes in designer clothing, hand bags, and home goods. The current owner has built a great foundation but lacks the marketing ability to grow this business to its full potential. This business is in a prime location and has great quality inventory, but they just need someone who knows how to promote it.

A new owner could very easily see immediate growth in foot traffic to the business by just having a website built, getting on social media and creating a Facebook page. Promotions could include offering online sales, specials and discounts all of which would increase visibility and ultimately produce a huge jump in revenue. This business is turn-key and ready for a new owner to take over and start making money immediately. There is a storage unit full of inventory that is included with this business. There is a lot of money to be made in a business like this for someone who has a little marketing savviness!

Detailed Information

  • Location: Virginia
  • County: Hampton City County
  • Industries: Retail
  • Building SF: 900
  • Employees: 1
  • Age of Business: 2
  • Seller Financing: No
  • Established After Year: 2022

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