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Established Clothing Store In Bountiful For Sale

Bountiful, Utah, US
Asking Price:
$150,000 Furniture / Fixtures included
Sales Revenue:
Under $100K
Cash Flow:
Under $50K

Owners of the existing store are selling 100% of their shares as there are 4 partners that need to go their separate ways. The Bountiful store has already been up and running since August 2023. The Bountiful store is a gem and is in a newly remodeled location (old Top Hat Video) with a rapidly growing customer base.
This business is a high-end thrift and consignment store with a unique business model. Individual sellers are able to rent a booth (closet space) in the store on a weekly basis for $30/week. Sellers tag and price their own items and the company handles the rest. Sellers take home 2/3rds of their sales and the company keeps 1/3rd plus the booth rental fee. Sellers make a lot more than they would selling to other high end thrift stores, and customers are attracted to new items rotating in every week.
The Bountiful store is running well and the staff are fully trained, and they are amazing!

The Bountiful store has the most affordable lease rate out of all of the current stores at only $4097/month (including CAM fees). The store is located in the busy Colonial Square shopping center with lots of foot traffic and is nestled between two hair salons.
There is a high demand for Utah store franchises and this is the only opportunity available in the Utah market.

If you are interested in pursuing this amazing opportunity, please respond as soon as possible. Please also feel free to reach out if you have any other questions.

Visit the google page to see the great reviews and more pictures

Offers considered.

Property Information

Real Estate:

Lease

Leasehold Rent:

$4,097 per annum

Location:

The Square business complex with lots of foot traffic from hair salons, Ti Amo Pizza, Parson's Bakery.

Business Operation

Expansion Potential:

This is a new store with 4 owners that have had a falling out. As such, we believe with owners who are more on the same page that can hire an engaged manager that this location can thrive.

Competition / Market:

Platos closet is in the same city.

Reasons for selling:

The owners are not working well together.

Trading hours:

Mon - Sat 10am - 7pm

Employees:
8
Years established:
5 months

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

There are lots of training resources available on the corporate franchise website. The owners would provide full training.