Retail Appliance & Mattress Store

Not Disclosed, British Columbia

Asking Price: Annual Revenue:
$389,000 $2,063,685

Retail: Home Furniture & Furnishings

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RE: Retail Appliance & Mattress Store Broker: Steve Harvey

Quick Facts

Asking Price: $389,000
Annual Revenue: $2,063,685
Net Profit: Not Disclosed
Cash Flow: $175,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 617949055
Broker Reference #: Not Disclosed

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Business Overview:

Retail Appliance & Mattress Store - Sales Achievement Top in Canada

It is our absolute pleasure to present one of these rare moments in life where the right candidate can own an extremely successful business while enjoying being part of a smaller Community just beyond the fringes of Vancouver. With over forty-five years of successful business ownership and visionary management expertise, our present owner has nurtured this Appliance & Mattress store into a Premier Class Retail Enterprise.

This long-standing retail outlet was purchased in the beginning of 2013 and by mid 2017 the vision had become a reality which has seen a steady growth of revenue and product demand. What has transformed from the early days is a business that can be managed from your home office, with a state of the art POS and Inventory control system along with digital pricing, all of the technical advances that you would normally only find in a Big Box Outlet. There has been a sense of pride that has grown with the company, whose sales associates are some of the most knowledgeable professionals in the industry. Customer satisfaction is the key element, from the moment the Customer walks in the front door until the moment their new purchase is placed into their home, time after time making sure that their experience has been the best.

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Property Features and Assets:

The modern Showroom is located downtown close to Cafes, Restaurants and Specialty Shops. This 4,800 square foot retail space provides room for the reception area, product display, sales & workstations, our management office & data room and warehouse facility. Customer parking is available outside of our store. The secondary 1,100 square warehouse is located within walking distance of our main store.

Market Competition and Expansion:

It is here that the stage has been set for the next phase of growth. Over the past few months, management and staff were quick to upgrade their Online presence to facilitate the increasing demand for shopping from home. There has been a new focus on social media advertising that is capitalizing on savvy shoppers who can price check in a minute and find out quickly that they can shop locally for the same price and with discounts offered by Big Box Stores. Great community, loyal customers, a truly successful.

Additional Details:

  • The property is owned.
  • 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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