Exceptional Second Hand Luxury Brands Handbags Store in Prime FT.Laud

Price: $345,000

Location: East Fort Lauderdale

Industry: Clothing and Accessory Stores

Listing ID: 55425

Listing Status: Available


Second Hand Luxury Brands Handbags in Prime Fort Lauderdale. Priced for a quick sale (seller's health prompt to sell). Includes $163,000 inventory. Established in 2007, this turnkey operation specializes in Retail Consignment Store of second hand luxury brands, handbags, shoes and jewelry, with a boasting a loyal clientele and a reputation for authenticity and superior service. This business is ideally positioned for an entrepreneur passionate about luxury fashion, offering a unique blend of retail and consignment services. With its established processes, prime location, and loyal customer base, this is a great opportunity to step into the lucrative world of luxury consignment.
Business Highlights:
1. Prime Real Estate: Occupy a spacious 1,500 sq. ft. store in a high-traffic area, providing ample space for inventory display and customer interaction.
2. Established Brand: Benefit from nearly two decades of goodwill as Fort Lauderdale's premier luxury handbag consignment destination.
3. Lucrative Business Model: Enjoy high margins through a mix of consignment sales and direct purchases of authentic luxury items.
4. Exclusive Inventory: Access to coveted brands including Chanel, Louis Vuitton, Hermès, YSL, Dior, and Gucci, attracting affluent customers and consignors.
5. Proven Operations: Well-established system for authentication, appraisal, and immediate payouts, ensuring a smooth-running business from day one. $163,000 Inventory Included ($335K retail Inventory)
6. Growth Potential: Potential for online store expansion: The sale includes an Ebay store with 500 plus positive feedbacks (this store is presently inactive). Addition of clothing to product mix
7. Strong Social Media Presence: 13K+ Instagram Followers and 175+ positive google reviews *A Signed **NDA and completed buyer profile must be submitted by all interested buyers.
**No seller financing available


Total Sales: $749,711

Cash Flow: $199,505

FFE: $14,000

Inventory: $163,000

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Sylvia Mullen