Moncton Destination Retailer For Sale

Business description

This well established profitable business first opened in 2001 and has expanded to include 2 other locations. The business offers a "one stop shop" for quality furniture with the full manufacturers' warranties. This business has a great reputation for the friendly, knowledgable staff, as well as exceptional customer service. The business is conventiently located on one of Moncton's most travelled roads for maximum visibility.

ENJOY THE EXCITEMENT OF OWNING A SUCCESSFUL BUSINESS WITHOUT ALL OF THE START-UP EFFORT!!!

Property information

Location:

This business operates in a 3,300 sq ft leased space in a high traffic area, 100% of the facility is currently in use. The monthly rent is $3,600 or $43,200 annually. The lease is set to expire in 2011 with a renewal option. The current owner has flexible options on the lease that will be discussed further.

Size in square feet:

3,300 sq ft

Other information

Expansion potential:

There are many growth possibilities, dependent on the potential buyer(s) and their ideas.

Competition / Market:

This destination retailer is a one stop shop with multiple product offerings and knowledgable staff in place to assist customers in purchasing quality merchandise.

Support & training:

Full training and support is provided by the seller for an agreed amount of time for the potential buyer to obtain full working knowledge of the daily operations of the business.

Reasons for selling:

The current owner is looking for more time for family.

Trading hours:

This business operates during the following hours:

Monday to Wednesday - 9:00 am - 6:00 pm
Thursday to Friday - 9:00 am - 8:00 pm
Saturday - 9:00 am - 5:00 pm
Sunday - Closed

Furniture / Fixtures value:

$1,309 (included in the asking price)

Inventory / Stock value:

$70,545 (included in the asking price)