Business for Sale Overview:
This is a rare opportunity to acquire a well established and very profitable Sears Canada Dealer Store in Alberta!
This 7,400 square feet location was established 10 years ago and just came on the market in March of 2008. With inventory in excess of $500,000 in merchandise (on consignment from Sears), 2007 sales were $2.8 Million. $1.6 Million was from showroom sales and $1.2 Million was from catalogue sales.
The store is located in the historic downtown shopping area. This is a “Big Ticket” sales outlet specializing in major appliances, mattresses & bedding, home electronics, exercise equipment, patio furniture, lawn mowers and lawn tractors.
This store operates Monday through Saturday from 9:30AM to 6:PM. No late nights or Sundays. The store generates their impressive revenues with the efforts of just the current owner, one other full time employee and two part-time employees. A successful purchaser of this business could extend the hours and/or open on Sundays should they desire to do so.
The idea purchaser would be a husband/wife team or family that would be interested in continuing to grow the revenues of this very successful operation.
The market area for this Sears store is the City of Wetaskiwin and its trading area population of approximately 30,000. The City of Wetaskiwin is located 72 km south of Edmonton and 100 km north of Red Deer.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
This 7,400 square feet store is ideally located in the historic downtown shopping area.
Market Competition and Expansion:
Outstanding potential for continued growth!
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.