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Six Established Business Locations In Vancouver For Sale

Vancouver, British Columbia, Canada
Asking Price:
$1M - $5M (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$4,000,000 (CAD)
Cash Flow:
Available on request

6 Established Business Locations In Busy Strip Malls

A wonderful opportunity being offered for the first time since inception to take over 6 turn-key, well established retail Franchise business locations currently operating under the same name.

Buyers can continue operating under the Franchise or can Opt-Out of the franchise and re-brand.

Each location was established by the current owners starting in 2008 with latest location being opened in 2016. Each location is operating in a busy strip mall with anchor tenants and is fully staffed with Managers or Lead Key Holders in place.

Owner’s work between 30-40 hours per week and their duties and responsibilities are purely administrative.

Combined stock value at cost is approximately $1,060,000. Combined value of depreciated assets and tenant improvements are approx. $728,000.

The current Franchise offers support and training and ongoing discounts however Sellers have developed strong relationships with suppliers and will assist with training and transition as well as can stay on for as long as needed to support the new owners.

Owners are starting to downsize into semi-retirement.

Property Information

Real Estate:

Lease

Location:

Each location is in a busy strip mall with anchor tenants like Save-On-Foods, TD Bank, IGA, Tim Hortons, McDonalds, BC Liquor Store...etc.

Premises Details:

All leases are available for review and all have options to renew.

Business Operation

Expansion Potential:

Re-branding.

Reasons for selling:

Owner are starting to downsize into retirement.

Employees:
Each location is staffed.
Years established:
First location opened in 2008 then each location opened in 2009, 2010, 2011, 2015 and 2016.

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

This business can be purchased as a franchise or independent.

Other Information

Support & training:

Will be provided.

Furniture / Fixtures value:
$728,000 (CAD) - included in the asking price
Inventory / Stock value:
$1,060,000 (CAD) - included in the asking price

Contact Information

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