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Harlow Crestwood Gift Store For Sale

Edmonton, Alberta
Asking Price:
$275,882 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$650,000 (CAD)
Cash Flow:
$80,000 (CAD)

Harlow Crestwood is a lifestyle gift store that has operated in Edmonton for 19 years. Currently for sale by owner, this business is located in Edmonton’s desirable Crestwood Centre in the heart of the Glenora neighbourhood. This centre has high visibility to drive-by and walk-by traffic. The store’s lease runs until Autumn 2020, with options to renew from the landlord.

The store is turn-key, ready for easy new ownership takeover, and has thousands of followers and regular customers.

Harlow’s processes are highly efficient, effective and organized. The inventory count is current, carefully maintained and accurate. The store is modern with a comfortable elegance.

Last, but not least, Harlow is a successful business that plays a positive role in its friendly community.

Price includes all furniture, fixtures, equipment, inventory, processes, online store, goodwill and name. Asking price based on current stock value is $275,882.00 CAD.

Serious buyers are welcome to visit the store anytime, but discussions and questions will only be answered by the owner via email, appointment in person or phone appointment. (If you could, please refrain from asking floor staff questions regarding the sale of the store. They have other duties and are not authorized to speak on this matter.)

Please contact us on this page and you will receive a personal reply within 24 hours.

Property information

Real Estate:

Lease

Lease Terms:

The store’s lease runs until Autumn 2020, with options to renew from the landlord.

Location:

Harlow Crestwood is in a highly visible location on a major artery to downtown from both the south side and west sides of Edmonton. Parking is ample. Access from all directions is easily navigated. Other stores and services in the centre provide a healthy and high number of customers each day.

Premises Details:

This 1500 square feet. New flooring has been installed, the entire store has been repainted and new fixtures have been recently added.

Size in square feet:
1,500
Planning Consent:

Not applicable

Business Operation

Expansion Potential:

Harlow has been a successful store for 19 years and is continuing to grow, reaching new demographics and corporate customers both through its brick and mortar store as well as its new online store.

Competition / Market:

Harlow is known for its high value, reasonable pricing, practical approachability, comfortable elegance and personalized service. There are no stores in Edmonton that compare to Harlow in these areas.

Reasons for selling:

The current owner wishes to retire.

Trading hours:

Monday through Saturday 10am - 5:30pm
Sunday 12pm - 4pm

Employees:
7
Years established:
19

Other Information

Support & training:

Current owner, management and team of employees is willing to stay on board to train new staff and/or continue managing and operating the store. The owner is willing to stay on board to ease the ownership transfer and provide support as needed.

Financing available:

A direct buyout is preferred.

Furniture / Fixtures value:
$92,382 (CAD) - included in the asking price
Inventory / Stock value:
$135,000 (CAD) - included in the asking price
Website:
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Relocatable:
This business can be relocated.

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