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Kelowna Luxury Retail & Custom Bedding Store For Sale

Kelowna, British Columbia, Canada
Asking Price:
$99,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$100K - $250K (CAD)
Cash Flow:
Available on request

Owners are retiring after operating this well established (37 years) luxury bedding store. Ducky Down is located in Kelowna's most vibrant and upscale shopping community known as South Pandosy Village. It is a unique neighbourhood filled with amazing little boutiques, hair salons, great cafes and restaurants, and it's just minutes from the beach and park.

Our discerning customers know that we retail only the finest European linens including duvet covers and sheets (cotton & bamboo), silk and wool duvets, bamboo towels, support and throw pillows as well as buckwheat, wool and down pillows.
We have been dealers for Tempur-Pedic Swedish support mattresses and pillows since 1998.

We also custom fill new duvets and pillows with white goose down as well as refill and recover old duvets. We make custom sheets and duvet covers from fine European linens to a customer base who want only the best quality bedding and those who have hard to fit beds.

You could walk to work from one of the gorgeous condos or townhomes in the area.

The opportunity also exists to transition the store to a complete retail outlet if the new owners prefer not to continue the manufacturing aspect which we absolutely enjoyed doing.

If interested, please contact the seller through the form on this page.

Property Information

Real Estate:

Lease

Lease Terms:

Lease terms are completely negotiable

Leasehold Rent:

$22,300 per annum

Location:

Location - Location - Location. Kelowna is the heart of the sunny Okanagan and our store is located in Kelowna's most vibrant and up-and-coming upscale shopping community. Pandosy Village is a vibrant and unique neighbourhood where customers will find amazing little boutiques, hair salons, great cafes and restaurants, and it's just minutes from the beach and park. Many new professional & medical offices as well as townhomes and condos are going up in this beautiful community increasing the density.

Premises Details:

Storefront location on beautiful Pandosy Street with Manufacturing directly on the premises. Best landlord ever and easily assumed lease with fabulous terms.

Size in square feet:
1.000 Square Feet

Business Operation

Expansion Potential:

So much potential exists to take this "husband and wife" operation to the next level. You may choose to transition out of the manufacturing aspect of this business into strictly retail, the choice is yours. Happy to share our thoughts for expanding with serious purchasers.

Competition / Market:

As we are primarily a custom store, we have no local competition. We make quality duvet covers and custom sheets as well as fill duvets and pillows with white goose down resulting in superior bedding products not available in retail outlets or big box stores. Our discerning customers know the difference and want only quality products for their bedrooms.

Reasons for selling:

We are retiring.

Trading hours:

9:30 - 5 pm, Tuesday til Saturday

Employees:
Currently this is a husband and wife operation.
Years established:
37 years - established in 1983

Other Information

Support & training:

Owners will happily apprentice and train the new owners in all aspects of operating of this unique "one-of-a-kind" business. New owners may choose to transition the business from manufacturing to a completely retail operation.

Furniture / Fixtures value:
$50,000 (CAD) - included in the asking price
Inventory / Stock value:
$45,000 (CAD)
Website:
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Relocatable:
This business can be relocated.

Contact Information

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