A New Dawn Boutique, LLC
9090 First Street, Frisco TX 75033
email: info@ANewDawnOnline.com
214-407-7056
CONSIGNOR AGREEMENT
I, ______________________________________________, (hereafter referred to as "Consignor") do hereby attest that I agree to all of the following conditions of consigning with A New Dawn Boutique, LLC.
A New Dawn Boutique, LLC will receive consignments daily by appointment only to allow for the proficient and expeditious handling of consigned goods.
A New Dawn Boutique, LLC will only accept items which are clean and in marketable condition. Should A New Dawn Boutique, LLC need to wash, repair, polish or do anything whatsoever to ensure saleable appearance and/or condition, A New Dawn Boutique, LLC will charge 60% consignment fee rather than 50% consignment fee. A New Dawn Boutique, LLC shall, in its sole discretion, have the right of final determination of the acceptability of all merchandise displayed for sale. A New Dawn Boutique, LLC reserves the right to refuse goods which are outdated, unsafe, damaged, tarnished, chipped, broken, etc.. A New Dawn Boutique, LLC may from time to time impose a limit on the amount of items and size of item(s) that any one Consignor may consign due to space limitations.
A New Dawn Boutique, LLC will determine sale prices of consigned items. All goods consigned will be offered for sale in accordance with A New Dawn Boutique, LLC store policy and the terms as outlined in this agreement.
Commission: A New Dawn Boutique, LLC will receive a commission of 50%.
Occasionally A New Dawn Boutique, LLC may conduct special storewide sales events (i.e. 10% off all merchandise). During such events, consignor agrees to their merchandise being discounted and the discounted value will be equally shared between A New Dawn Boutique, LLC and the consignor.
Consignment Duration / Promotional Cadence: Term of this agreement is 90 days. A New Dawn Boutique, LLC will display all consigned merchandise for no more than 120 days. Unsold merchandise will be discounted as outlined below based on date originally consigned from the original selling price and this percentage reduction will be split between the Consignor and the Store.
•
After 60 days, remaining items will be discounted by 25% (without exception).
•After 90 days, remaining items will be discounted by 40% for an additional 30 days unless consignor schedules an appointment to pick up unsold inventory.
At the end of the terms of contract, Consignor will:
_______ pick up all unsold items___________ donate all unsold items
All unsold items must be removed within 10 days from the termination of this contract. A New Dawn Boutique, LLC does not assume any responsibility or liability for any merchandise that has not been removed from the premises during the ten (10) day removal period. Any merchandise which the Consignor does not claim and remove within the ten (10) day removal period will become the property of A New Dawn Boutique, LLC and A New Dawn Boutique, LLC may donate, dispose of or sell said merchandise as its own.
Seasonal items (i.e. Christmas, Easter, Fall décor) are subject to different promotional and consignment timeline which will be outlined by associates of A New Dawn Boutique, LLC.
In the event that the Consignor wishes to remove any item prior to the 90 day period under the terms of this agreement, then the Consignor agrees to pay A New Dawn Boutique, LLC $5.00 per item or 10% of the original established selling price (whichever is greater) prior to the removal of said item.
Settlement Checks: A New Dawn Boutique, LLC will issue settlement checks and have them ready for pick-up by 12:00 p.m on the 7th business day of each month for all merchandise sold during the prior month for the respective Consignor. It will be the responsibility of the Consignor to pick up their respective settlement checks.
Should the Consignor desire their checks be mailed, consignor may supply self-addressed stamped envelopes for A New Dawn Boutique, LLC to use for the Consignor’s benefit or A New Dawn Boutique, LLC will charge a $2.00 handling fee per mailing and this amount will be deducted from their settlement check.
All checks issued by A New Dawn Boutique, LLC are void after 90 days from the date of issue. A New Dawn Boutique, LLC will not authorize any check(s) to be cashed and/or reissued after said check(s) have become void. A New Dawn Boutique, LLC will not reissue any check(s) due to damage or loss, etc.
Liability: The Consigner is responsible for all merchandise liability. A New Dawn Boutique, LLC assumes no responsibility for the operation, function, action, performance, and/or condition of any consigned merchandise. The Consignor further accepts full ownership responsibility for all consigned merchandise. Consignor assumes full responsibility in the event merchandise gets broken during daily operations.
A New Dawn Boutique, LLC does not assume responsibility for, or insure against theft or loss of consigned property. Consignor is responsible for fire, theft, and damage insurance and other insurance Consignor deems appropriate to protect your merchandise while the merchandise is on the premises known as A New Dawn Boutique, LLC, 9090 First Street, Frisco, TX 75033.
A New Dawn Boutique, LLC will collect and remit to the proper tax authority all state and local sales tax. A New Dawn Boutique, LLC agrees to be responsible for all bank charges, loss from bad checks, promotional and advertising fees.
Business Operations: A New Dawn Boutique, LLC store hours will be Monday - Friday from 10:30 a.m. - 6:00 p.m. and Saturdays from 10:00 a.m. - 5:00 p.m. A New Dawn Boutique, LLC reserves the right to change its store hours from time to time without giving notice to Consignor. A New Dawn Boutique, LLC will be closed on Sundays. A New Dawn Boutique, LLC will be closed for business on the following holidays: New Year’s Day, Easter Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, Christmas Eve and Christmas Day and all others to be determined from time to time by A New Dawn Boutique, LLC, including emergency closings. A New Dawn Boutique, LLC may be closed for some period at the end of December / beginning of January for year-end cleanup.
Consignor acknowledges that A New Dawn Boutique, LLC is subject to a lease agreement with its landlord. Should A New Dawn Boutique, LLC’s lease with its landlord expire or be terminated for any reason, notwithstanding anything contained in this agreement to the contrary, this agreement will immediately terminate at the same time as A New Dawn Boutique, LLC’s lease terminates.
By my signature below, I acknowledge that I have read and accept the conditions and terms as outlined in this agreement.
_____________________________________________________________________________________________
Consignor’s Signature Consignor’s Printed Name Date
Consignor’s Address: _________________________________________________________________
Consignor’s City/State/Zip: ___________________________________________________________
Consignor’s Home Number(s): ________________________________________________________
Consignor’s Cell Number(s): __________________________________________________________
Consignor’s Email: ____________________________________________________________________
A New Dawn Boutique, LLC By: _________________________________, Owner/Associate
