Synergistic/Turn Around Fashion Retail Opportunity

Not Disclosed, British Columbia

Western Canada


Asking Price: Annual Revenue:
$975,000 $4,166,000

Retail: Clothing & Accessories


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RE: Synergistic/Turn Around Fashion Retail Opportunity Broker: Pino Bacinello

Quick Facts

Asking Price: $975,000
Annual Revenue: $4,166,000
Net Profit: Not Disclosed
Cash Flow: $22,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Almost 40 Years in Business
Employees: 39
BBN Listing #: 514012151
Broker Reference #: VANCOBC002-N505

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Business Overview:

The business is a well-known strong brand with loyal customer base in the women’s fashion retail sector with 4 prime retail locations left in western Canada.

With over $2.5 million in tenant improvements and about $4 million in sales, the business is currently just below break-even and hold about $500,000 in “in season” inventory.

Current owners need to exit the business and are prepared to sell at their shut down cost. This is a limited time opportunity for a strategic or synergistic buyer desiring to capitalize on great high traffic and exposure retail locations with the ability to grow one’s retail or import fashion business through acquisition at a heavily discounted rate.

Time line to close transaction before August 1, 2019.

Type of Sale: Asset Sale

Asking Price: $975,000 (OBO)

Inclusions in Asking Price: Furniture, Fixtures, & Equipment; Goodwill; and Inventory.

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Market Competition and Expansion:

Growth opportunities and expansion potential available in a confidential summary, please contact us for more information.

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.

Documents:

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