Established $1M+ Retail Business in Prime College Park Location
Business Description
Rare opportunity to acquire an established, profitable retail business with $1M+ in annual sales, a loyal customer and vendor base, and a strong presence in the College Park market.
Opened in 2019, this 4,800-square-foot resale retail store is located on one of the area’s busiest streets and benefits from excellent visibility, consistent customer traffic, and its proximity to the University of Maryland. The business has developed strong relationships within the local community, including the city and university, and has built a loyal base of both shoppers and people who regularly bring merchandise in to sell.
The business offers a buyer the opportunity to step into an established operation rather than starting from scratch. The store has an experienced operating model, established vendor and customer relationships, trained staff, and the infrastructure needed for continued growth.
Why This Business Stands Out
* $1M+ in annual sales
* Established operation since 2019
* 4,800 SF retail location
* Prime, high-traffic College Park location
* Strong visibility and established customer traffic
* Loyal base of shoppers and consignors/sellers
* Established relationships with the city and University of Maryland community
* Experienced staff and established operating systems
* Recognized resale retail concept with an established brand and business model
* Significant opportunity to increase sales through expanded marketing, community partnerships, social media and operational optimization
Opened in 2019, this 4,800-square-foot resale retail store is located on one of the area’s busiest streets and benefits from excellent visibility, consistent customer traffic, and its proximity to the University of Maryland. The business has developed strong relationships within the local community, including the city and university, and has built a loyal base of both shoppers and people who regularly bring merchandise in to sell.
The business offers a buyer the opportunity to step into an established operation rather than starting from scratch. The store has an experienced operating model, established vendor and customer relationships, trained staff, and the infrastructure needed for continued growth.
Why This Business Stands Out
* $1M+ in annual sales
* Established operation since 2019
* 4,800 SF retail location
* Prime, high-traffic College Park location
* Strong visibility and established customer traffic
* Loyal base of shoppers and consignors/sellers
* Established relationships with the city and University of Maryland community
* Experienced staff and established operating systems
* Recognized resale retail concept with an established brand and business model
* Significant opportunity to increase sales through expanded marketing, community partnerships, social media and operational optimization
About the Business
- Years in Operation
- 7
- Employees
- 16 Part-time
- Franchise
- This business is an established franchise
- Facilities & Assets
- All FF&E and inventory
- Market Outlook / Competition
- Rapidly expanding resale market. No other established resale clothing stores in area
- Opportunities for Growth
- The business has a strong foundation, but there is considerable opportunity for a new owner to grow revenue and profitability.
Potential growth strategies include increasing local and digital marketing, expanding social media and influencer outreach, developing additional university and community partnerships, improving inventory turnover, expanding high-performing product categories, and maximizing existing customer traffic.
Real Estate
- Owned or Leased
- Leased
- Lease Expiration
- 4/14/2029
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- The current owner is prepared to provide an appropriate transition period to help ensure continuity for the buyer, employees, customers and vendors.
Listing Info
- ID
- 2547594
- Listing Views
Listing ID: 2547594 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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