- Location: Ontario, Canada, municipality withheld
- Type: Established specialty retail business, offered as an asset purchase
- Asking price: Price on application (offers invited)
- Footprint: A small network of Ontario retail locations, plus an online store
- Model: Retail, online and a multi vendor artisan platform
- Margins: High gross margins, circa 80%
- Revenue: $1.5M to $2M in the last full fiscal year
- Inventory: Substantial inventory included, in excess of $500K at cost at the last year end
An established holistic wellness and lifestyle retail brand in Ontario is offered for sale. The business sells wellness accessories, giftware and mindful living products through a small network of retail locations, an online store and a multi vendor artisan platform.
Following a deliberate rationalization to its strongest locations, the business offers a buyer an established brand, a high margin product range and a platform built for growth. It is offered through an asset purchase, giving the buyer a clean entry, and the timetable allows a new owner to be in place for the holiday season, the strongest trading period of the year. The founders are available to support a transition.
Income Profile
- High gross margins (circa 80%) on giftable products with strong holiday demand
- Revenue of $1.5M to $2M in the last full fiscal year
- Substantial inventory included in the sale
- Brand, online store and vendor platform in place, with online sales largely untapped
Suits an existing specialty or gift retailer, a multi unit operator, or an owner operator looking to grow an established brand.
