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 Buy a Canadian company Listing # 62102002
 Business  For  Sale 
 Buy a Canadian company

A well-established retailer with a growing prominence on the web

$380,000.00 (Cdn)

A well-established retailer with a growing prominence on the web
Business Location: British Columbia
Postal Code: V
Relocatable: No
Business Categories:
Art, Antiques & Gifts
E-Commerce & Internet
Here is an exciting opportunity to purchase a well-established retailer with a growing
prominence on the web in an industry that has strong consumer appeal. This
company is known for their quality products, hands-on approach, and unique business
model. This company has over 300 unique suppliers that produce original products that
cannot be purchased through other distribution channels eliminating consumer ‘price
shopping’. The retail space is under 700 sq. ft. and boasts sales of over $600 sq. ft. with
very good gross margins. The business has recently invested into their web store,
incorporated an e-commerce & POS system, with strong emphasis on social marketing.

The business now boasts over 10% of annual gross sales via the web store and is
striving for 25% of gross sales through its online store. The business is modelled for
duplicating the retail store in other major cities. Because almost no inventory is carried
by the store, duplicating a store would cost
under $50K. Gross revenue has increased in the current location annually on average
by 3% for the past 5 years. Current year to date are surpassing last years sales by
more than 3%

The same web store can be used for each retail expansion. The core business has been
established since 1984, and operated by its current owners for over 10 years after
retirement from their main careers. The baton will be passed to a new owner that has
the experience to fully implement this company’s growth strategy. By duplicating just
one new location every 2 years could result in doubling sales with each location.

  -  INCLUDED  in  the  Price  -  

  • $60k stock
Everything that is required to manage a seamless transfer of the business
and ensure its continued success.

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