Excellent opportunity to purchase an existing cash flowing dollar store franchise location in south Calgary.
Sales in last year as per recent financial statements was $894,000 and was up significantly from the previous year.
This is a share sale only and not an asset sale. Price $599k plus $250k inventory and one will need to have a significant amount down in cash to purchase this business. One will need around $400k down range or more to qualify for the small business loan. There is a good term on lease with option to renew and is situated in a high traffic location. This is an easy business to run and manage and the owner works a few days a week.
Owners discretionary income in 2021 was $173,000.
Owner is moving to United States as his son is moving there for university.
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