Award Winning Men's Wear Retail Store for Sale

Lower Mainland, British Columbia

Award Winning Men's Wear Retail Store for Sale

Asking Price: Annual Revenue:
$175,000 $791,271

Retail: Clothing & Accessories

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RE: Award Winning Men's Wear Retail Store for Sale Broker: Steve Harvey

Quick Facts

Asking Price: $175,000
Annual Revenue: $791,271
Net Profit: Not Disclosed
Cash Flow: $156,603
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1917
Employees: 3
BBN Listing #: 420749055
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Award Winning Men's Wear Retail For Sale.

Success in providing BC's Lower Mainland the latest in men's fashion has been the award winning story for this prominent store. The owners have carried on a trendsetting tradition which began back in the "Roaring Twenties". This store is recognized as the place to go when men want to look their best.

It is more than a thriving business, this store is a template for success. Rare are those moments in life when an entrepreneur can feel absolutely confident in their decision to own this legacy of lifestyle and fashion.

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Property Features and Assets:

This Men's Store has been a landmark in the heart of the Lower Mainland since the early 1900s with the present facility built circa 1945 in the center of a bustling downtown sector. Located in close proximity to B.C.s Highway 7 which extends from Hope to Vancouver, bringing an extremely high daily traffic flow right by the front entrance. With over 4,000 sq.' on the first floor, at street level, there is plenty of room to display the quality attire and latest fashions. An additional 600 sq.' on the second level could be used as an office or space to create online presence.

Market Competition and Expansion:

Growth of this business will continue to happen organically as the population increases in the Lower Mainland, especially in the city centers such as Mission, Chilliwack, Maple Ridge and Abbotsford; big-city opportunities with a lower cost of living. This modern store is well positioned to provide existing and new customers, a personal attention shopping experience. Space for expansion, a new POS system, and a long history of award winning customer satisfaction will increased sales in-house and online.

Reason for Selling:

Owners want to retire after over fifty years of service.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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