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Established Resale Store in Greenwood (Southport) Area!

Indianapolis, IN
Asking Price:$50,000
Established Year:2015
Listing ID: 2189404Listing provided by BizBuySell
BUSINESS DESCRIPTION

Turnkey opportunity to own a sustainable business!

Style Encore located in Greenwood (Southport), Indiana is a well established resale store that buys and sells women's fashions, handbags, jewelry and shoes. Style Encore is part of a franchise system from Winmark Corporation and every store is independently owned and operated.
This store has been open since 2015 and pays cash daily for items in nearly new condition, current styling for sizes 00-6x, focusing on casual basics, athletic wear, dresses, shoes and more. With a focus on value pricing, convenience and variety of brands and styles. Computer system and fixtures are up to date, and business has current inventory and a turn key business with thousands of customers on text and email customer lists.

This is a great opportunity for someone to make a long lasting impact on the local community in Greenwood by continuing to put cash in the hands of customers while providing them a great place to shop high quality product at value pricing.
There is an opportunity to expand customer base by carrying mens apparel.
Located in a busy center with a lot of traffic.

DETAILED INFORMATION
Location
Indianapolis, IN
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,000
Lease Expiration
30/11/2024
Employees
7
Facilities
All inventory, computer and point of sale system, fixtures, counters, exterior and interior signage, backroom shelving, security system, email list and loyalty text lists, website and e-commerce selling platform are ready for a new owner!
Competition
The resale industry is very strong and seeing growth despite what the economy does. Most consumers are looking for that value pricing and unmatched selection and variety of sizes and brands. The business model being a sustainability model is very attractive to customers-both buyers and sellers.
Growth & Expansion
There are a few opportunities a new franchisee can run with! Relaunching out e-commerce platform to meet more customers where they like to shop and launch men's product and be one of the first to offer resale to men in the Greenwood market. This, along with a franchisee who is more local to the area will help elevate this store to the next level!
Support & Training
Store is franchise of Winmark Corporation, regarded as one of Best Franchisors in America providing service, training , and leadership to franchisees for over 20 years. Franchisees receive hands on training and support. As the seller of this business, I am willing to share years of resale experience and successful strategies to help grow the business.
Reason for Selling
Want to focus on my other businesses that are closer to where I live.
Franchise
This business is an established franchise
BUSINESS LOCATION
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Cat Eckstaedt
Phone Number
Cat Eckstaedt
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