Established specialty retail boutique on Vancouver Island. Loyal clientele. Strong brand recognition. Owner exploring succession, partnership, or acquisition opportunities as I entertain retirement. Facebook/Instagram profiles available on request.
- Asking Price:
- $150,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- On request
- Cash Flow:
- On request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease in effect until October 2028.
- Leasehold Rent:
-
$38,400 (CAD) per annum
- Location:
-
A street level boutique with a very attractive corner location in the Vancouver Island Conference Center. Very near to 4 hotels, sea plane terminals, Hullo Ferry.
- Premises Details:
-
Under lease with a great property management company. Lease is competitive and is assumable.
- Size in square feet:
- 1,400
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
The space is quite large at 1400 sq ft, and there is room to expand inventory, or to bring in a complimentary brand to share the space and costs.
- Competition / Market:
-
There is no direct competition in the vicinity.
- Reasons for selling:
-
I purchased this business as a retirement activity. It's requiring a lot more of me than I expected, and I am open to business models that allow me more time off.
- Trading hours:
-
Monday to Saturday, 11 - 5 is a baseline.
- Employees:
- 1
- Years established:
- 18
Other Information
- Support & training:
-
I am willing to stay as a shareholder, employee, or trainer depending on the business model opportunity that presents itself.
- Furniture / Fixtures value:
- $5,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $128,433 (CAD)
- Relocatable:
- This business can be relocated
