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Sewing Machine Retail And Industrial Sales For Sale

Vancouver, British Columbia, Canada
Asking Price:
$500,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$1M - $5M (CAD)
Cash Flow:
$100K - $250K (CAD)

Unique chance to acquire a sewing industry powerhouse. For seven decades, this
business has been the go-to destination for all sewing needs providing a comprehensive
solution for all sewing needs of the latest sewing technology, from machines to software
and accessories. This business is one of the largest sewing suppliers in the province,
offering industrial sewing machines, sergers, cutters, and more. With a three-year
Weighted Average Normalized EBITDA of over $160,000 annually (including management
fees), this opportunity guarantees years of income and endless growth prospects. The
owner is committed to providing extended training for a smooth transition. Please note
that the inventory, valued at approximately $500,000, is not included in the price. This is a
confidential share sale; all potential buyers must sign an NDA before receiving further
information.

Property Information

Real Estate:

Lease

Leasehold Rent:

$108,000 (CAD) per annum

Location:

Vancouver BC

Premises Details:

5283 sf warehouse with retail and office

Size in square feet:
5,283

Business Operation

Competition / Market:

Industrial : none, retail 4

Reasons for selling:

retirement

Employees:
9
Years established:
70

Other Information

Support & training:

yes

Inventory / Stock value:
$500,000 (CAD)
Related Documents:
Relocatable:
This business can be relocated.