Helpful Definition for: Consignment Services & Shops
Colorado Springs has consignment shops and services present. A consignment shop is essentially a second-hand shop, where the owner's used good are sold at a fraction of the retail cost. Pricing depends on age, condition, style, name brand and original price of the item. A consignment service is what facilitates the proces of the consigner handing over lightly used goods for sale. Pickup and delivery services may also be offered. The goods taken on for sale at the consignment shop in Colorado Springs is done selectively (so that items that are likely to sell only are taken). A portion of the selling price is paid to the owner, and the rest is the profit of the shop owner. This payment is made only when a sale occurs. The owner can reclaim an unsold item after a certain period of time. Consignment shops may be for antiques, athletic equipment, automobiles, books, clothing, musical instruments and toys.