Profitable Vintage Vendor Market With Inventory Included For Sale

Description

Business type: vendor-based retail market

Current status: established operating business

Sale type: asset sale

Premises

Commercial space: more than 5,000 sq. ft.

Operating days: 7 days per week

Revenue model

• Monthly vendor booth rent
• Sales commissions
• Owner-operated retail sales

Vendor rental basis: monthly rent per square foot

Recurring revenue: established

Vendor occupancy

Current vendor occupancy: approximately 80%

Available vendor capacity: approximately 20%

Vendor demand: stated as consistent

Operations

Operating systems: established

Owner labor requirement: not required for day-to-day operation

Absentee ownership model: supported

Semi-absentee ownership model: supported

Assets included

Inventory at cost: approximately $75,000

• Retail fixtures
• Shelving
• Display cases
• Assignable vendor agreements
• POS data
• Operating systems
• Website
• Social media accounts

Expansion options

• Increase vendor occupancy
• Increase booth rental revenue
• Expand owner-operated retail sales
• Replicate the vendor-market model at additional locations

Occupancy growth: possible without increasing stated fixed space costs

Training and transition

Transitional staff support: optional

Potential buyers

• Investors
• Retail operators
• Multi-location business owners
• Owner-operators