Successful Specialty Retail Store with online sales

Business Description

Prosperous Specialty Retailer for Sale - Well established specialty retail business for sale with an excellent track record of sales and profitability. The business has been around for over 15 years and went through a recent expansion (2020). The company adapted to the pandemic by adding an online store and ecommerce that has helped further fuel sales and add new customers outside of its traditional market area. The business is fully staffed including a manager that handles all day-to-day management duties. The owner is not full time in the business and so this could be a great opportunity for either an active owner/operator or an investment opportunity for an investor looking for a consistent cash flow and a profitable investment opportunity. All staff including the Manager are expected to stay on as part of the sale. The business is turnkey and includes all working capital, inventory and equipment. The leased property is well designed and in fantastic condition, providing an upscale and comfortable shopping setting. It is located on a high visibility location in the city it operates in with great access and ample parking. The company has built an excellent brand and does a superb job of using social media to market the business. The business is turnkey and includes Working Capital (inventory + prepaids + cash - payables -deferred revenue/gift cards = $230,000), all equipment/furniture $75,000, business name, website, staff, customer lists, suppliers, etc.

Details

Business ID: REGI0027
Business Category: Clothing and Clothing Accessories Stores
Location: Saskatchewan, Saskatchewan
Financing: Available
Status: New

Financial Information

Asking Price: $ 799,000
Gross Revenue: $ 2,608,263
SDE: $ 326,663
FF&E (included): $ 75,000
Inventory: On request
EBITDA: $ 326,663
Down payment: On request
Occupancy Cost: On request

Business Presented By
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