A Superb and Proven Opportunity Retail &On Line

More interesting than your usual businessBusiness For Sale

Listing Price:

$380,000.00

Here is an exciting opportunity to purchase a very enjoyable & well-established retail business with a rapidly growing web business.

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This company is very well known for their quality B.C made products. These are mostly on consignment – giving a very positive cash-flow and margins; there is no dead stock.

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The one retail space is in a prime location and at under 700 sq. ft. boasts sales of over $835 sq. ft. with very good gross margins. Compare this with Wal-Mart at $492 sq.ft and Shoppers Drug Mart at $790 sq ft.

The past fiscal year (end Feb 2017) has seen;
-Double digit increase in sales to $550k Target $650k for 2017/18
-An 80% increase in online sales to $49k – well on track for $100k in 2017/18
-Sales per month for 2016/17 have exceeded every single comparable month for the
past 10+ years!
-Margins continue to grow.
-Easy to manage Social Media has driven this growth.
-Major National Media has profiled this business
-This business provides a good income for the owners.

The retail business has been established since 1984 and operated by its current owners for over 11 years after retirement from their main careers.

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The baton will be passed to new owners who have the passion to fully implement this company’s growth strategy.

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The market for buying locally made goods is growing. What limited competition that exists is unsophisticated.

Victoria BC CA
Get directions
wen1@shaw.ca