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Successful Footwear & Orthotics Franchise For Sale

Montreal, Quebec
Asking Price:
$275,000 (CAD)
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$100K - $250K (CAD)

Franchise, currently operating out of one location in Montreal, with exclusive rights for
expansion throughout the Province of Quebec.

The business fits in the Health and Wellness category and is a provider of custom made orthotics,
orthopaedic & comfort stylish footwear, medical compression stockings and related supplies, most of which are covered by private insurance health plans.

The business targets the high growth baby boomer segment and individuals with foot problems or requiring high comfort footwear or orthotics.

The business has established a good base of doctors which are increasingly referring patients with
foot, knee, back or diabetics for comfort footwear and orthotics. The business, almost 10 years
old, has acquired over 8000 very satisfied customers on a comprehensive computerized database
and is growing at a rate of 20% per annum. In addition, the business has a very loyal customer
base with a repeat rate of close to 60% annually. The business consists of a retail space for the
footwear and a laboratory facility with state of the art technology to assess, fabricate and dispense
custom orthotics.

The business should be considered as a service business and not as a retail
store; hours are great, Monday to Friday 10am to 6pm and Saturdays 10am to 5 pm. Learning
curve is rapid and franchisor provides comprehensive training and marketing support.

The business is in a high affluent area with good walk in traffic and close to the new MUHC Glen
Hospital.

Property information

Real Estate:

Lease

Lease Terms:

Lease terms are renewable in 5 year terms. Next 5 years term begins August 2019.

Location:

Prime high affluent area in Westmount

Size in square feet:
1,800

Business Operation

Expansion Potential:

Franchise agreement has first right of refusal exclusiviy for expansion across the province of Quebec. Great opportunity to open more locations

Competition / Market:

Very little competition. Established as very strong loyal customer base with high repeat business

Reasons for selling:

Retirement.

Trading hours:

Great hours Monday to Friday : 10am-6pm and Saturday 10am-5pm

Employees:
2
Years established:
2009

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Excellent and extremely low royalty payments. 200 Franchises around the world since the year 2000.

Other Information

Support & training:

Franchisor provides excellent training and marketing support

Furniture / Fixtures value:
$40,000 (CAD)
Inventory / Stock value:
$75,000 (CAD)

Contact Information

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