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Upscale Apparel Boutique – Ebitda $340k For Sale

British Columbia
Asking Price:
$2,100,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,488,000 (CAD)
Cash Flow:
$452,000 (CAD)

Successful, long-standing, well established retail chain with great brand recognition! Great opportunity!! With multiple locations in the premium areas of Vancouver, British Columbia this company offers high-quality fashionable female apparel and accessories. Its primary products include name brand European style tops, bottoms, and accessories targeting more affluent or mature women. The company's headquarter location features a large retail showroom. They have two other locations and an online presence. The company employs seasoned professionals who understand the products and their customers intimately. The company has a proven track record, supported by an excellent, trusting relationship developed over many years with its customer base. With a broad range of established brands, many of which are exclusive, the company’s marketing efforts focus on targeting the local community and tourists. Revenues have been increasing over the past 5 years, due to word-of-mouth referrals and an increase of internet traffic. Total revenue was $3,481,521 with an EBITDA of $340,036 last year with projections of $3.65M revenues this year. With a large customer base and solid reputation, they continue to attract new customers while maintaining its reputation.
Employees: 23, Seller Transition Time: Negotiable, FF&E: $100k to $150k, Inventory Turnover is Better than Average, Inventory is included, $500k or more (TBD at closing).

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Other intererst

Trading hours:

Monday-Saturday 9:30-5:30, Sunday noon-5:00

Employees:
23
Years established:
1890

Other Information

Support & training:

Seller Transition Time: Negotiable

Financing available:

Negotiable for the right buyer

Furniture / Fixtures value:
$150,000 (CAD) - included in the asking price
Inventory / Stock value:
$550,000 (CAD) - included in the asking price

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