Market Leading Niche Retail and Online Store for Sale in Eastern Ontario

Business Description

Market leading niche retail and online store is available for sale in Eastern Ontario. Located in prime location and carry top brands. Consistently increasing sales in high-margin product lines. This business established a reputation for itself within the target market by providing a high level of personal service and attention resulting in a large number of regular and repeat customers. Competent, well trained, and loyal personnel are expected to stay on as part of the sale. Strong Internet presence with company web store increasing sales each year. Pandemic and recession-proof. Price includes equipment and leaseholds as well as substantial amount of inventory. Great opportunity to grow revenues through expansion to other geographic areas or franchising. The retiring seller will provide training and transition support as well as some seller financing to the right buyer.

Details

Business ID: OTTA0087
Business Category: Clothing and Clothing Accessories Stores
Location: Ontario, Eastern Ontario, Ottawa
Financing: Available
Status: New

Company Information

Year Established: 2009
Franchise: No
Number of Employees: 10

Financial Information

Asking Price: $ 749,000
Gross Revenue: $ 1,139,339
SDE: $ 169,248
FF&E (included): $ 135,000
Inventory: $ 100,000
EBITDA: On request
Down payment: $ 700,000
Occupancy Cost: $ 25

Business Presented By
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