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Busy Pet Store In Victoria For Sale

Victoria, British Columbia, Canada
Asking Price:
$99,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$2,200,000 (CAD)
Cash Flow:
On request

Busy pet store for sale. Revenues last 12 months $2,208,196. Store will be liquidated, new owner can negotiate a new lease with landlord or relocate store and existing equipment. Equipment in very good condition. This is a corporate store and the store is well taken care of, but because of logistics and only average sales volume, we have decided to close this location. Liquidation will take about 3 months. Inventory to be liquidated is about $350,000.
Approx value of assets if purchased new: Shelving $250,000, Fish Tanks and small pet units $70,000. Tills, cash desks $20,000. Grooming facilities equipment $20,000. Self Dog Wash $25000. Misc Equipment, pallet jack, dollies, garbage bins, etc.. $20,000. Freezers $30000. Total around $450,000 plus install and leasehold improvements.
Turnkey operation just add signage, negotiate lease with landlord, order inventory.
or
Buy all assets and relocate.
or
Do a temp lease for x months and then relocate.
*Landlord is motivated.
Asking price for all assets. $99,000 obo. Act fast, lease ends Jan 31. I hope to have an offer in place in less than 30 days.

Property Information

Real Estate:

Lease

Leasehold Rent:

$26,000 (CAD) per annum

Location:

Victoria

Premises Details:

15000sqft

Size in square feet:
15000sqft

Business Operation

Employees:
12
Years established:
2000

Other Information

Furniture / Fixtures value:
$400,000 (CAD) - included in the asking price
Inventory / Stock value:
$400,000 (CAD)
Business closed / Asset sale:
Yes
Relocatable:
This business can be relocated.