Other Retail
Active
Turnkey Marketplace, Perfect for a Part Time Owner
Ohio, United States
Asking Price$709,000
Revenue$3,390,456
EBITDA-
Cash Flow$257,848
Description
Own a year-round destination market for vintage goods, keepsakes and home décor where hundreds of independent venders pay recurring monthly rent for their space, plus a commission on every sale. Rent and commissions are deducted directly from each vendor's sales before payout, keeping collection issues rare. Vendors own the merchandise, so The Company carries almost no inventory and no inventory risk.
Demand speaks for itself: there is a long waiting list for new vendors, vacancies refill within days, and sales have grown every year under current ownership. Ownership has identified a clear path to revenue growth to be shared with the buyer. An experienced management team runs daily operations, and the owner can step away for a couple of weeks at a time without issue, working approximately 25 hours most weeks.
Owner wishes to move out of state and will provide transition support. Located in Northern Ohio.
Furniture Fixtures & Equipment
$150k
Inventory
$5kIncluded in Asking Price
Number of EmployeesFull-Time: 2Part-Time: 30
Year Established
1997
Financing Options
Seller Financing offered: $354,500 for 60 months at 9% = Mo. Pmt $7,359
Related Categories
Asking Price$709,000
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