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New Highly Profitable Retail Business For Sale

Alberta, Canada
Asking Price:
$700,000 (CAD) Inventory / Stock included
Sales Revenue:
$1,476,000 (CAD)
Cash Flow:
$224,100 (CAD)

Are you looking for a highly profitable business?! Look no further because this is your opportunity to step into an unbelievable business at an even better price! This venture boasts impressive figures with $1,476,728 in gross revenue and an EBITA of $249,104 on the recent year-end financial statements. This opportunity is located in Central Alberta. Primarily it is a retail business selling a specialized inventory but also provides supplementary services in the same industry. This fantastic business is for sale with the extremely reasonable asking price of $700,000 which includes the inventory valued at approximately $350,000. Invest with confidence knowing that this business has been consistent long term and has been operating for dozens of years. The owners are only selling because of retirement, otherwise this gem would never be found for sale. Expected liquid cash injection to the Buyer would be approximately $137,950 pending financing arrangements. Please contact Team Hansen for further details pending your signed non-disclosure agreement being on file with us.

Property Information

Real Estate:

Lease

Lease Terms:

Current:1 Year. Jan 3, 2020 to Jan 2, 2021
Extends to 2026 Including the Options to Renew. More Options To Be Negotiated With Landlord

Leasehold Rent:

$115,124 (CAD) per annum

Location:

Central Alberta

Size in square feet:
3,024

Business Operation

Competition / Market:

Minimal

Reasons for selling:

Moving onto other ventures

Trading hours:

Tues to Sat: 9:30 AM to 5:30 PM. Thurs Open Until 9:00 PM. Closed Sun & Mon

Employees:
Staff 5: 4 Full Time (Includes Owner) & 1 Part Time Staff Who Teaches Classes Only
Years established:
1979

Other Information

Support & training:

Seller Will Train Buyers to Buyers Satisfaction

Financing available:

Contact Team Hansen for further information

Furniture / Fixtures value:
$200,000 (CAD)
Inventory / Stock value:
$350,000 (CAD) - included in the asking price

Contact Information

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