Well Est. Retailer of Athletic Footwear & Apparel

British Columbia
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Asking Price:$265,000
Gross Revenue:$659,165
FF&E:$26,103
Cash Flow:$143,947
Inventory:$40,000
Established Year:1995
BUSINESS DESCRIPTION

This is an opportunity to acquire a leading retailer in the athletic and casual footwear and apparel industry. The business has been in operation for 28 years and distinguishes itself for products associated with quality, durability, and high customer satisfaction. It is located in one of the city's most desirable areas with high traffic of locals and tourists. The asking price includes $40,000 of inventory. Additional inventory is not included and will be adjusted at the time of sale. Total inventory generally fluctuates between $100K-$200K depending on the time of year.


DETAILED INFORMATION
Location
British Columbia
Inventory
Included in asking price
Real Estate
Leased
Building SF
885
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is located in a very high-traffic and desired location. The retail space is about 885 square feet with a lease that has one year and eight months left and one 5-year renewal option.
Support & Training
Will train for 3 weeks @ $0 cost.
Reason for Selling
Owner wants to retire.
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Arturo
Kalb
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Arturo Kalb