This highly profitable business operates in a segment that is NOT seasonal and is recession proof. Customers are loyal. Staff is well trained and very knowledgeable. This could be purchased by an investor or an owner operator, both scenarios are available.
- Asking Price:
- $1,400,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $1,650,000 (CAD)
- Cash Flow:
- $490,000 (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
There is term left on the leases with renewable options
- Lease Rent:
- per sq ft per annum
- Location:
-
This is a TWO unit offering. Both units are in very busy retail plazas with strong anchor tenants.
- Premises Details:
-
Approximately 1,500 and 1,150 square feel with good frontage. Sales and marketing area are nicely appointed
Business Operation
- Expansion Potential:
-
This is a tremendous brand that has been around for a long time. The opportunity to open more locations is available to the right person
- Competition / Market:
-
The segment is not too crowded
- Reasons for selling:
-
Owner wants to retire
- Trading hours:
-
Monday - Friday 11:00-8:00
Saturday - Sunday 11:00-7:00
- Employees:
- 4
- Years established:
- 2014
Other Information
- Support & training:
-
The current owners will stay on to ensure a smooth transition.
- Furniture / Fixtures value:
- $100,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $80,000 (CAD)
