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Thriving, Quality Vancouver Retail Uniform & Footwear Business For Sale

Vancouver, British Columbia, Canada
Asking Price:
$295,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$50K - $100K (CAD)

Here is your opportunity to purchase a thriving retail clothing, accessories and shoe business located in an excellent commercial, medical and dental district only one block from the Vancouver General Hospital. It specializes in quality uniform brands that are familiar with its regular clientele and known for style, colour, all-round wear-ability, durability and comfort. It sells these products to the medical, dental and hospitality industries in the Vancouver area and across Canada.
The business is known for its excellent customer service and advice. It has supply agreements with multiple, post-secondary nursing schools, providing uniforms, shoes and accessories to their students while they complete their 4-year medical studies. These agreements provide young customers that are beginning their medical careers and inspires them to become repeat customers in the future. It also has supply agreements with many medical and dental clinics throughout Greater Vancouver and Central British Columbia.
It is also known throughout the movie and commercial production industries as the “go to” supply store for all types of uniforms and clothing for their film stars. It has a huge up-side if a new owner is interested in promoting outside sales throughout the lower mainland. There are literally thousands of businesses such as restaurants, assisted living, medical, veterinary and dental clinics that can be approached for long term uniform supply agreements.

PLEASE NOTE: During the Covid-19 crisis, the news media has highlighted how thousands of businesses have had to close or restrict operating procedures to meet government restrictions. The case for this store has been the exact opposite. It has operated 7 days/week throughout the crisis, providing an essential service to Medical and Dental workers who are now required to wear or upgrade their clothing and PPE. This has resulted in the store increasing its revenue dramatically and gaining hundreds of new customers/clients that have been so thankful that the store has stayed open and the staff have provided excellent service and advice!

ENQUIRIES: All enquiries for additional information must be accompanied by a financial statement from a banking institution or qualified financial advisor that proves the interested party is capable of paying the full price of the business and wholesale stock value! Any individual(s)/company residing outside of Canada must also provide a detailed plan by a qualified immigration consultant outlining the buyer(s) ability to immigrate to Canada in the short term! As well, all interested parties will be required to sign a Non-Disclosure Agreement (NDA) that will be provided once the financial statement is received and approved by the sellers.

If interested, please contact us by filling the form given below.

Property Information

Real Estate:

Lease

Lease Terms:

Five year term, with new lease signed in June, 2020.

Location:

Excellent street-front location in a very busy medical & dental district, only one block from the Vancouver General Hospital and multiple, major health clinics. Estimated potential medical/dental/hospitality clientele within a 2 kilometre radius is >10,000.

Premises Details:

Modern store front and interior with upscale, quality fixtures, change rooms, racks, etc.

Size in square feet:
1,700 sq. ft.

Business Operation

Expansion Potential:

Strong upside in all service areas (especially the hospitality and senior living industries) if one or more outside salespersons are brought into the business.

Competition / Market:

We are the only uniform retail business located on Broadway in Vancouver.

Reasons for selling:

Retirement

Trading hours:

Open 7 days per week.

Employees:
5
Years established:
10+

Other Information

Support & training:

Seller will provide up to 3 months training at a monthly fee negotiated with the buyer.

Financing available:

Not Available

Furniture / Fixtures value:
$70,000 (CAD) - included in the asking price
Inventory / Stock value:
$115,000 (CAD)

Contact Information

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