UNDER ACCEPTED OFFER - This well established and successful specialty retail business has been in operation for over 50 years, selling parts & accessories. The company has a strong group of suppliers and customers, with lots of repeat business. The owners now wish to sell so that they can retire. The business includes Working Capital of $275,000 and all equipment, customer data, website, name, etc.. This will be a share sale. The owner would consider a sale of the building if a buyer wants to purchase the building, but will also entertain a 3-5 year lease at market rental rates. The owners will provide a training and transition period. Two year average annual sales of $1.1M per year and two year average Sellers Discretionary Earnings of $208k.
Business ID: REGI0028
Business Category: Miscellaneous Store Retailers
Location: Saskatchewan, Saskatchewan
Status: Sold
Year Established: 1970
Franchise: No
Number of Employees: 4
Asking Price: $ 449,000
Gross Revenue: $ 1,089,878
SDE: $ 171,357
FF&E (included): $ 25,000
Inventory: $ 275,000
EBITDA: On request
Down payment: On request
Occupancy Cost: On request
