Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Retail Uniforms And Shoes Business In Victoria For Sale

Victoria, British Columbia, Canada
Asking Price:
$100K - $250K (CAD) Furniture / Fixtures included
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
Under $50K (CAD)

Here is your opportunity to purchase a thriving retail uniform, clothing, accessories and shoe business, located in an excellent commercial district in downtown Victoria, BC. It specializes in quality uniform brands that are familiar with its regular clientele and known for style, colour, all-round wear-ability, durability and comfort. These products are sold to the medical, dental, veterinary and hospitality industries in the Victoria area, Vancouver Island and beyond.
The business is known for its excellent customer service and advice and has been doing so for over half a century via the current and 3 previous owners. It has supply agreements with multiple, post-secondary schools, providing uniforms, shoes and accessories to their students while they complete their studies. These agreements provide young customers that are beginning their careers and inspires them to become repeat customers in the future. It also has supply agreements with many medical and dental clinics throughout Vancouver Island.

It is also known throughout the movie and commercial production industries as the “go to” supply store for all types of uniforms and clothing for their film actors. As well the current owners have increased their clientele of local, national and international hotel chains. This provides ongoing income on a regular basis with major purchases. It has a huge up-side if a new owner is interested in promoting outside sales throughout Vancouver Island. There are literally thousands of businesses such as restaurants, assisted living, medical, veterinary and dental clinics that can be approached for long term uniform supply agreements.

PLEASE NOTE: During the Covid-19 crisis, the news media highlighted how thousands of businesses had to close or restrict operating procedures to meet government restrictions. The case for this store was the exact opposite. It operated 7 days/week throughout the crisis, providing an essential service to Dental and Health Care workers. This resulted in the store increasing its revenue and gaining many new customers/clients that have been so thankful that the store stayed open and the staff provided excellent service and advice!
The current owners have operated and expanded the business since purchasing it in 2003. They are now ready to retire and are willing to provide up to 3 months of training to any purchaser and their current store manager is willing to stay on in the same capacity.

ENQUIRIES: All enquiries for additional information must be accompanied by a financial statement from a banking institution or qualified financial advisor that proves the interested party is capable of paying the full price of the business and wholesale stock value! Any individual(s)/company residing outside of Canada must also provide a copy of their Passport and a detailed plan by a qualified immigration consultant outlining the buyer(s) ability to immigrate to Canada in the short term! As well, all interested parties will be required to sign a Non-Disclosure Agreement (NDA) that will be provided once the financial statement is received and approved by the sellers.

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

Property Information

Real Estate:

Lease

Lease Terms:

Renewable every 3-5 years. Terms negotiable.

Leasehold Rent:

$43,200 (CAD) per annum

Location:

Victoria, British Columbia, Canada

Premises Details:

Mezzanine office/inventory storage. Two change rooms (wheel chair accessible), washroom, separate hospitality section and multiple shoe racks.

Size in square feet:
Approximately 1,100 square feet.

Business Operation

Expansion Potential:

On line sales, Vancouver Island (if new owner hires commission sales person and/or travels to North Island communities to sell inventory in person).

Competition / Market:

Walmart, Marks, On Line. There are no other retail uniform stores on Vancouver Island other than 1 store in Nanaimo, which is a two hour drive from Victoria.

Reasons for selling:

Owners retiring.

Trading hours:

9:30 am - 5:00 pm Monday to Saturday / 12:00 pm - 4: pm Sunday.

Employees:
Two full time, two part time.
Years established:
50+

Other Information

Support & training:

Up to 3 months by owner, with negotiated salary. Manager will also provide training as required.

Furniture / Fixtures value:
$30,000 (CAD) - included in the asking price
Inventory / Stock value:
$60,000 (CAD)
Website:
Login or register to view link
Relocatable:
This business can be relocated.