Retail Business For Sale in British_columbia

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Synergistic Or Turn Around Fashion Retail Opportunity

Location:British Columbia

Category:Retail

Asking Price:$975,000

  • Sales revenue : $4,166,000
  • Net profit : $22,000
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Synergistic Or Turn Around Fashion Retail Opportunity

Business description

The business is a well-known strong brand with loyal customer base in the women’s fashion retail sector with 4 prime retail locations left in western Canada.

With over $2.5 million in tenant improvements and about $4 million in sales, the business is currently just below break-even and hold about $500,000 in “in season” inventory.

Current owners need to exit the business and are prepared to sell at their shut down cost. This is a limited time opportunity for a strategic or synergistic buyer desiring to capitalize on great high traffic and exposure retail locations with the ability to grow one’s retail or import fashion business through acquisition at a heavily discounted rate.

Time line to close transaction before August 1, 2019.

Type of Sale: Asset Sale

Asking Price: $975,000 (OBO)

Inclusions in Asking Price: Furniture, Fixtures, & Equipment; Goodwill; and Inventory

Other Information

  • Selling Assets: Furniture, Fixtures, and Equipment / Inventory
  • Expansion: Growth opportunities and expansion potential available in a confidential summary, please contact us for more information.
  • Years Established: Almost 40 Years in Business
  • Employees: 39 Employees
  • Support Training: Vendor will provide an agreed period of training and transition to the new owner.
  • Reason For Selling: Retirement
Pacific M&a And Business Brokers Ltd.
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