This opportunity offers the rare chance to acquire a long-standing national retail franchise serving the Port Alberni market. Operating continuously for more than 20 years, the business has built a strong local presence while benefiting from the purchasing power, systems, and brand recognition of an established Canadian franchise network. The successful purchaser will be required by the franchisor to reside in Port Alberni, creating an opportunity to become part of a vibrant Vancouver Island community while operating a proven retail business.
⬝Revenue (3 Year Average): $4.08M
⬝SDE (3 Year Average): $304,549
⬝Asking Price: $1,000,000
⬝SDE Multiple: 3.28x
The business has generated remarkably consistent financial performance, producing average annual revenue of approximately $4.1 million over the past two years and average Seller's Discretionary Earnings of approximately $302,848. The operation is supported by a healthy balance sheet, strong working capital, and a favourable cash flow cycle that minimizes ongoing financing requirements.
Day-to-day operations are managed by an experienced team, including key management personnel who oversee store operations with minimal owner involvement. The current owner works approximately 30 hours per week, focusing primarily on leadership, strategic oversight, marketing, and financial approvals rather than daily operations.
Additional highlights include:
⬝National franchise with proven operating systems and purchasing power
⬝20+ years of continuous operation in the local market
⬝Approximately $4.1 million in average annual revenue (Last 2 Years)
⬝Approximately $302,848 average annual Seller's Discretionary Earnings (Last 2 Years)
⬝Experienced management team with long-tenured employees
⬝Renovated retail premises
⬝Offered as an asset sale, subject to franchisor approval
This opportunity is well suited to an owner-operator, family business, or investor seeking an established retail platform supported by a recognized national franchise system and an experienced operating team.
