Turnkey Marketplace, Perfect for a Part Time Owner
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Own a year-round destination market for vintage goods, keepsakes and home décor where hundreds of independent vendors 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.
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.
About the Business
- Years in Operation
- 29
- Employees
- 32 (2 Full-time, 30 Part-time)
- Facilities & Assets
- The business operates from a freestanding building of approximately 50,000 square feet under a lease running through March 31, 2031. Current base rent is $29,175 per month.
- Opportunities for Growth
- The clearest growth lever is pricing: Vendor space rates and commissions have not seen a general increase in many years, allowing a new owner to raise revenue within the existing footprint. Marketing offers a second runway, as email marketing and several major social media channels remain completely untapped. Strong vendor demand means these moves carry little risk, since a long waiting list stands ready to fill any vacancy.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 52,000
About the Sale
- Seller Motivation
- Moving out of state.
- Transition Support
- Will train for 4 weeks @ $0 cost.
- Financing Options
- $354,500 down/$354,500 over 60 mos. @ 9%.
Listing Info
- ID
- 2537319
- Listing Views
Listing ID: 2537319 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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