Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Richmond Customized Furniture Business For Sale

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

Red Mapleaf Furniture LTD is a furniture store based in Richmond, BC, specializing in a wide range of home furnishings and decor items.

With a focus on quality and style, the store offers a diverse selection of furniture pieces to suit various tastes and preferences.

The business has been successfully running for over 10 years. The current lease is until 2027 and renews every 3 years, with a basic rent of $5316.67/m, and $7500/m all in. The space is 3190 sq ft.

The asking price includes all the current equipment (also including a GMC 16 feet long truck), which is worth around $140k in book value.

The seller is willing to stay on after closing to assist with training and transition, helping ensure business continuity and a seamless transfer of operations for the new owner.

Property Information

Real Estate:

Lease

Lease Terms:

Current term end till Aug.2027, renew every 3 years.

Leasehold Rent:

$62,510 (CAD) per annum

Location:

Richmond

Business Operation

Reasons for selling:

personal reason

Years established:
2012

Other Information

Relocatable:
This business can be relocated