Urban Threadz is a well established business that’s been running for 12 years. With a large customer base. Owners are set to retire, and store price includes all fit and fixtures, computers and inventory with a value of over $240,000. This beautiful boutique is fully staffed. The store is on a five year lease in a great location with lots of free parking. Owners would love to find a buyer that will continue on with their great reputation of affordable clothing, and wonderful customer service. Sale includes 100% of the shares, and the owners will work with the new buyers until they’re comfortable with running it on their own. so if you’re looking for a great business, and you love Fashion and Design. This is the store for you. You can choose to work in the store or you can choose to let the staff run it for you.
Sellers will to help finance with 1/2 the price of the store paid up front and the rest financed over 3 years
- Asking Price:
- $290,000 (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- On request
- Cash Flow:
- On request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
3 years remaining on the current lease with options to continue
- Leasehold Rent:
-
5558/month per annum
- Location:
-
Fredericton nb
- Premises Details:
-
Business is located in a large building located on the north side of fredericton. The business sale is for 100% of the shares of the business, but the property is leased
- Size in square feet:
- 2900sf
Business Operation
- Competition / Market:
-
Urban Threadz is a boutique that is highly respected in the community. With very few women’s boutiques in Fredericton, it stands out as one of the finest.
- Reasons for selling:
-
Retirement
- Trading hours:
-
10-5pm daily. Sunday 10-5pm
- Employees:
- 5 part time
- Years established:
- 12 years
Other Information
- Support & training:
-
Owners will train new buyers for a set period of time, Staff also have full training in every aspect of the business
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owners will consider financing 50% of store for a 3 year period at 5% interest rate
- Furniture / Fixtures value:
- $75,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $240,000 (CAD) - included in the asking price
- Website:
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