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Four Location Specialty Retailer In New Brunswick For Sale

New Brunswick, Canada
Asking Price:
$660,000 (CAD)
Sales Revenue:
$770,068 (CAD)
Cash Flow:
Available on request

Established in 1997, this business has grown to be a profitable company with a highly respected brand and four locations including one in each of New Brunswick’s largest cities. The company provides fibre and craft supplies to its many customers throughout New Brunswick and beyond and generates annual revenues in the $720,000 to $800,000 range.

WHY BUY?

• Long history of profitability
• Well established and respected brand
• Easily understood business
• Realistic and achievable opportunities for growth
• Excellent franchise model
• Current owners will assist for a reasonable transition period
• Relocatable - all locations in rented premises
• Experienced staff expected to remain

The owners are seeking the sale of the business in its entirety comprising all of the operating assets, furniture, fixtures, contracts and contract rights, goodwill, inventory, and company and business names. Cash and cash equivalents will be excluded from the sale. The transaction will be structured as a sale of assets. The assets are offered for sale at approximately $660,000. The final sale price for the assets will be determined at the time of closing after adjusting for current assets including inventory existing at that time. The current owners will consider financing a portion of the purchase price in an amount and on terms in the discretion of the sellers.

Property Information

Real Estate:

Lease

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