Resale Center and Flea Market
Off-MarketRensselaer, IN
Resale Center And Flea Market
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$600,000
$150,000
25.0%
2005
Past 24h
Customers
The business has approximately 30 vendors who pay both rent and 10% of their sales. Additionally, operates as a thrift / resale center.
Customer Acquisition
Marketing efforts include Google listings, highway signage, Facebook, Instagram, and local radio advertising. The business benefits significantly from word-of-mouth recognition after nearly two decades in the community.
Team
The business employs 9 people, including the owner, and approximately half work 30+ hours per week.
Owner's Role
The owner is semi-absentee and helps out in the store on an as-needed basis.
Reason for Selling
The primary motivation for the sale is that the owner's wife passed away, and he has lost interest in continuing the business alone.
Contracts
Vendor agreements were originally written, but the business now operates on verbal month-to-month agreements with 30-day notice terms.
Real Estate
The business occupies a 13,000-square-foot building that the owner entirely owns. Preference is to sell the building along with the business.
When Are You Looking to Sell
ASAP
Licenses Required
No.
Additional Notes
Owner acquired the business with his wife in 2016 from a nonprofit organization that had originally started it to support developmentally challenged individuals.
Business ID: 2172
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