Furniture, Art, Antiques, Resale or Consignment- Scottsdale GOLD MINE

Asking Price$120,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$351,913

Inventory$200,000
Included in asking price
FF&E$15,000
Included in asking price
Outside of the store
Outside of the store
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Furniture, Art, Antiques, Resale or Consignment- Scottsdale GOLD MINE


Asking Price$120,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$351,913

Inventory$200,000
Included in asking price
FF&E$15,000
Included in asking price
Business Description
Established furniture, art, and antiques resale business operating in prime Scottsdale location since 2020. This turnkey opportunity features a beautiful 4,790 SF corner suite in a high-traffic plaza with 28,600 vehicles daily, positioned next to major grocery anchor and complemented by Walgreens, restaurants, and specialty shops. Last 3 months we changed our hours. We are now open 10:30 - 5:00 Tuesday through Saturday. Since then our sales have been $30K per month!

BUSINESS HIGHLIGHTS:
• Strong financial performance with $351,913 in 2024 revenue and $162,019 cash flow
• Includes $200,000 retail-valued inventory in asking price
• Below-market lease at $12/SF (50% below Scottsdale average of $23.54/SF)
• Lease is NNN the current price with CAM charges is: $6,636 per month
• Landlord offering new 5-year lease to qualified buyer
• Established online presence with first-page Google ranking and 15K social media followers
• Currently operates only 20 hours weekly - significant expansion potential

LOCATION ADVANTAGES:
Prime corner suite with excellent visibility, abundant windows, and superior signage opportunities. The plaza benefits from diverse tenant mix creating consistent foot traffic, with Hospice White Dove Thrift Shop serving as complementary rather than competitive business.

GROWTH POTENTIAL:
Substantial opportunity to increase revenue by expanding operating hours from current 20 hours to standard 40-60 hours weekly. Alternative conversion possibilities include jewelry store or vendor booth concept. Revenue has grown from $173K to $352K over past four years despite limited hours.

FINANCIALS:
Cash sales 2024 of $183,913 demonstrate strong customer demand. Current staffing of 2 employees provides operational foundation. Additional 2,160 SF storage suite may be available for negotiation with landlord.

INCLUDED ASSETS:
• Complete fixtures and equipment ($15,000 value)
• Established website and social media platforms
• Up to $200,000 inventory at retail value
• Additional inventory available at discount
• 30+ days owner training and support

Nonprofit accounting is different. Gross revenue includes $88,000 (donated) inventory as revenue (income) and includes $80,000 income for product received from another nonprofit. Cash sales were $183,913 - $55,000 of salaries paid to staff (owner). ALSO there is $24,000 as an expense for additional storage which will be removed.
This represents an exceptional opportunity to acquire an established business in Scottsdale's desirable retail market with proven revenue streams, below-market rent, and substantial growth potential through expanded operations.
About the Business
Years in Operation
6
Employees
2 Part-time
Owner and wife are the only employees.
Facilities & Assets
Great signage, shelves, jewelry showcases and fixtures are included. Landlord agreed to negotiate and offer a new 5 year lease for a new owner, price $14 per square foot ($5,588.33) plus NNN
Website
https://gotlegs.org/
Market Outlook / Competition
There are 2 furniture consignment stores within 5 miles which might be considered competition, My Sister’s Attic and Turn Style Consignment. Not considered competition but Hospice of the Valley has the White Dove Thrift Shop in the same plaza - I would consider that as a draw other than competition. Our main competition would come from Scottsdale Air Park area (5 miles away) where there are 5 or 6 higher end furniture consignment stores.
Opportunities for Growth
Great location for a Jewelry store or set it up for vendor booths. 2025 the business was open only 20 hours per week, now 32.5 hours per week. Should be open 40-60 hours to realize a much sales higher potential.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,790
Rent
$6,646.00 per month
About the Sale
Seller Motivation
Retiring
Transition Support
15-30 days (longer if required)
Financing Options
We would consider $60,000 down, $100,000 inventory on consignment at 50/50 split
Listing Info
ID
2453649
Listing Views
9
Business Location

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Business Listed by: Jim Piscopo

Listing ID: 2453649 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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