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Business for sale in Canada - Retail store for sale
| Asking Price: | 350,000 $ CDN |  |
Real Estate: | Lease |
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| Sales Revenue: | 1,000,000 $ CDN | |||||||||||
| Net Profit: | 120,000 $ CDN | |||||||||||
| Year Established: | 1985 | |||||||||||
| Employees: | 6FT, 5PT | |||||||||||
| # of family members employed: | 2FT | |||||||||||
| Location criteria: |
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Business types:
Business categories:
Business description
owner retiring from well established profitable 2400 sq ft retail store in upscale plaza. Sales are in excess of $800,000 and have consistently generated earnings before management salary, interest, depreciation and taxes of $140,000 to $160,000 per year. If you love retail, this is a fantastic opportunity to acquire the assets of a fun business which generates margins in excess of 50%, and which over more than twenty five years of almost continual growth, has enjoyed an enviable reputation and very solid customer base due to it's high level of service and wide product selection. The purchase price of $350,000 includes goodwill, fixtures and signs. Inventory (valued at retail selling price less 55%) is an additional $115,000 to $130,000 depending on the season.
Additional information
| Additional information: | Not Disclosed |
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| Support & training: | Current lease expires in June of 2013 and the landlord is eager to sign a new lease with new owners. |
| Reasons for selling: | retiring |
| Financing available: | no financing by vendor available, cash only |
| Inventory / Stock value: | $0 |
Real Estate
| Ownership: | no |
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| Lease: | yes |
| Lease terms: | Current lease expires in June of 2013 and the landlord is eager to sign a new lease with new owners. |
| Location: | west end of Toronto |
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