Well established destination specialty retail store

Listing ID:
MONTRQC004-N807

Confidential, Quebec, Canada

Gift, Novelty, and Souvenir Stores

Sunbelt of Montreal West Island

Phone: (514) 694-0554
Fax: (514) 694-0554

The following broker is assigned to this listing:

Joseph (Joe) Harrel

jharrel@sunbeltnetwork.com
Cell: 514-694-0554 ext 1

Description

Joseph Harrel presents this very unique business. It is truly a destination business with thousands of repeat and loyal customers. People drive from all over to shop at this specialty retail store. Beautifully laid out and extremely well managed and organized the current owners have refined and fine tuned their business lines in a scientific effort to maximize return for every square foot of retail space. There is still room for growth and expansion on the e commerce side and of course fresh eyes and new energy could easily grow the business. This business has very little direct competition in its segment and would be very difficult to replicate keeping the barrier to entry for new competition very high.  For confidential information please contact Joseph Harrel directly at 514-694-0554 ext 1 or jharrel@sunbeltnetwork.com.

Financials

Asking Price:$139,000
Revenue:$1,500,000
Cash Flow:$128,850
Downpayment: ON REQUEST
Monthly Payroll: ON REQUEST
FF&E Asking Price:$139,000 (Included in Asking Price)
Inventory Asking Price:$550,000
Financing Available?No

Property

Asking Price: ON REQUEST
Building Size:N/A

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1991
Year Acquired:2006
Full-Time Employees:N/A
Part-Time Employees:N/A
Reason For Sale:This owner entered this business as a Second Career and after ten fruitful years is ready to really retire.