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Long Established Furniture Retail Store Staging Business For Sale

Vancouver, British Columbia, Canada
Asking Price:
$1,500,000 (CAD)
Sales Revenue:
$1,500,000 (CAD)
Cash Flow:
$300,000 (CAD)

We are a very well know trusted retailer on the same street for 24 years.
We have a retail location in the heart of Vancouver's Kitsilano District, as well we have a Staging and Ecommerce business.

Very profitable.
Great opportunity.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

5 year - extension available

Leasehold Rent:

$192,000 (CAD) per annum

Lease Rent:
$42 (CAD) per sq ft per annum
Location:

Our store is located in Kitsilano and our warehouse is in South Vancouver

Premises Details:

Lease store front - Warehouse is owned

Size in square feet:
3000 square feet
Planning Consent:

Our store currently can not be expanded.

Business Operation

Expansion Potential:

We have had many opportunities to expand and create other stores, increase e-commerse and pursue more staging, however we have found a sweet spot of sale to profit and have enjoyed our lives instead.

Competition / Market:

The current location is a main shopping street in Vancouver, and has two other furniture store on the street. We have maintained exclusive venders and therefore have been protected from direct competition and price matching.

Reasons for selling:

Owners have run the business for 24 years and are looking to spend time traveling.

Trading hours:

10 am -6 pm Monday - Saturday
11 am - 6 pm Sundays

Employees:
4
Years established:
1999

Other Information

Support & training:

We are very good retailers and will offer all the support any new owner would be comfortable with.

Furniture / Fixtures value:
$50,000 (CAD)
Inventory / Stock value:
$100,000 (CAD)
Relocatable:
This business can be relocated.