European Antiques

Vancouver, British Columbia


Asking Price: Annual Revenue:
$1,125,000 $1,291,607

Wholesale/Distribution: Durable Goods


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RE: European Antiques Broker: Jason Brice

Quick Facts

Asking Price: $1,125,000
Annual Revenue: $1,291,607
Net Profit: $282,154
Cash Flow: $282,154
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 952045925
Broker Reference #: Not Disclosed

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Business Overview:

BUSINESS FOR SALE – European Antiques

Wholesale | Consignment | Direct to consumer | Rentals

Asking Price: $1,125,000

*Includes $400,000 inventory (purchase cost) in warehouse, which will be sold for $1Million+

Vancouver, BC

Revenues have remained steady through the pandemic.

CUSTOMERS: Designers, Collectors, Homeowners, and others

This is a great opportunity to acquire a well-established business with an enviable reputation and a loyal customer base. The niche industry is somewhat recession-proof, and the growth potential is phenomenal.

REVENUE
FYE July 31, 2020: $1,291,607
FYE July 31, 2019: $1,193,996
FYE July 31, 2018: $1,450,912

CASH FLOW
FYE July 31, 2020: $282,154
FYE July 31, 2019: $269,247
FYE July 31, 2018: $304,182

CASH FLOW
FYE July 31, 2020: 21.8%
FYE July 31, 2019: 22.6%
FYE July 31, 2018: 21.0%

* 10+ Years in Business.
* Owner not involved in day-to-day operations
* Great manager & staff in place.
* Inventory included ($400,000+) all purchased within last 36 months
* Customer Deposits included.
* No need for capital expenditures.
* Simple business to operate.
* Multiple revenue streams.
* Extensive training offered to new owner.
* No industry knowledge required, but a passion for customer service is necessary.
* High quality products.
* Long-term repeat customers.
* Well established vendors & suppliers
* Convenient warehouse location.
* Good lease.
* High barriers for new competitors.
* Detailed financial information available.

PURCHASE PRICE:

Business: $725,000
Inventory: $400,000
TOTAL = $1,125,000

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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.

Relevant Links:

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