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Luxury Boutique In Calgary Ab For Sale

Calgary, Alberta
Asking Price:
$375,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
Available on request

Established in 1994 this successful retail business specializes in luxury brand products, and has a strong clientele. Income is drawn from the large inventory, as well as doing specialized custom orders, there is still room to grow in new products, as well as home services. Located in desirable Marda Loop area, free parking to clients. Owner wishes to pursue other opportunities, in non competing manor.

Further information available upon request, please contact seller below for further details.

Property information

Real Estate:

Lease

Lease Terms:

3 years remaining on 10 year lease with 5 year option

Location:

Prime location in trendy Marda Loop area with a wide range of shopping and dining

Premises Details:

Plenty of natural light, laminate floors and exposed painted ceiling, no attached fixtures as shelving pieces are part of inventory and can be sold, back room has a washroom (also used as change room for clients) with a open concept office, storage, and kitchen space. Deliveries as also received in the back.

Size in square feet:
1,813

Business Operation

Expansion Potential:

Can expand business into furniture, interior design services, table top, kitchen and other home products.

Competition / Market:

Boutique shopping with minimal competitors in the city.

Reasons for selling:

New business opportunity for current owner, non competing.

Trading hours:

currently open 10 - 5, Mon-Sat.

Employees:
3-4
Years established:
23

Other Information

Support & training:

Owner will be available for 5 days a week, for 4 business weeks of training.

Inventory / Stock value:
$273,000 (CAD) - included in the asking price
Website:
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