Chic Consignment

4.1★★★★☆(146 reviews)

44 Main St, Andover, MA 01810

Andover, Massachusetts, United States

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Business facts

Estimated annual revenue~$478.0K
Estimated employees~4
In business since2009
Estimate based on strong signals

Contacts

PRESIDENT

Marketing and Advertising

Area statistics (01810)

Population35,612
Median household income$162,694
Source: US Census ACS

About

Chic Consignment is an upscale women's consignment boutique specializing in designer handbags, clothing, and accessories. With a focus on providing a captivating shopping experience, Chic offers a carefully curated collection of affordable fashion. Consigning at Chic is easy, and customers can track their sales and choose to receive credit or a check. The store's consignment team is available to assist customers, and Chic is committed to offering top-quality, authentic merchandise and stellar client services.

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Bike Parking
Yes
💳
Credit Cards
Apple Pay, Debit Card, Discover, Mastercard, NFC, Visa, Yes
🍽️
Dining Options
Delivery
ℹ️
Diversity Management
Woman Led
🅿️
Parking
Street Parking, Parking Lot, Valet, Yes
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Price
$$$
Wheelchair Accessible
Parking, Yes
Categories: Consignment Shop, Boutique, Women's clothing.
ISIC Codes: 4771, 4774.

Market analysis

Earning above its category median in a growing category (Consignment Shop).

EstimateCategory trend: 2021, +19.0%

Revenue trend (modeled)

~$455.1K2019
~$346.0K2020
~$387.9K2021
~$429.9K2022
~$454.2K2023
~$478.0K2024
Modeled from category averages for the region+1.0%/yr since 201980% confidence band: ±68%

Property

Lot size6,311 sq ft
Land use325
ZoningGB
CountyEssex
Parcel ownerKAPLAN SHOPS LLC
Assessed value$1.1M (land $441.0K)
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Consignment Shop in Massachusetts516~$248.9M~$482.3K~$331.3K4.6★1.4×
Category revenue trend2021: +19.0%2020: -8.4%2019: +6.5%Modeled from business-level estimates
Chain pressure11 chains expanding in this category, led by Covet, Flanagan Auctions, Iaai (+137 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)642~$977.9M~$1.5M~$654.6K3,094~$330.1M0.7×
Wholesale and retail trade; repair of motor vehicles and motorcycles68~$124.1M~$1.8M265

1 km area (all businesses): median from the 542 of 642 businesses with estimates

Estimate

Area conditions (01810)

Population35,612 ±93
Median household income$162,694 ±$12,811
Median home value$756,600
Bachelor's degree or higher0.8%
Unemployment rate0.0%
Source: US Census ACS
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