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Boutique Fashion Retail In Calgary For Sale

Calgary, Alberta, Canada
Asking Price:
$250,000 (CAD) Inventory / Stock included
Sales Revenue:
Under $100K (CAD)
Cash Flow:
Available on request

Explore the allure of this upscale boutique,

Operating for over 5 years, this beltline location benefits from a steady stream of nearby foot traffic. The current owner, eager to embark on new adventures, is dedicated to ensuring a smooth transition by providing support and training to the incoming proprietor.

While the business experienced a temporary decline in revenue during 2020 due to Covid restrictions, it has been on a recovery trajectory. The boutique holds untapped potential for further growth. Securing this opportunity is made even more appealing with a lease extending beyond three years at a monthly rate of $2,200, inclusive of basement space, with a 600 sq. ft. operational area.

In the last fiscal year, the business generated $96,646 in revenue. The asking price for this business is $250,000, which includes inventory valued at approximately $175,000. Seize the chance to own and elevate this boutique to new heights.

Property Information

Real Estate:

Lease

Lease Terms:

3 years remaining on current term after which business could be relocated. We anticipate landlord would consider extending if preferred.

Leasehold Rent:

$26,400 (CAD) per annum

Location:

SW Beltline location

Premises Details:

600sf plus basement/storage

Business Operation

Competition / Market:

A variety of shops and boutiques in the area.

Reasons for selling:

New adventures

Employees:
4
Years established:
5

Other Information

Support & training:

4 weeks

Inventory / Stock value:
$175,000 (CAD) - included in the asking price
Relocatable:
This business can be relocated.
Distressed:
This business is a turnaround opportunity.