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Specialty Retail Shop In Excellent Location for Sale

(ID# 398) (Seller Ref# L1009)

Financials

Asking Price: $249,000
Sales Revenue: $384,000
Net Profit: $65,000
Furniture, Fixtures
& Equipment:
$35,000
Stock: $60,000

Business Summary

Very nice 2000 square foot shop located in a high traffic area. Business is showing good growth in revenues. Population demographics indicate that strong growth can be expected for many years to come. Variety of products carried dsigned for seniors and for those with disabilities. Web site allows sales over the internet followed by courier or mail shipments. Owner would like to retire but will stay on for awhile to train. Partnership is possible but may require expansion of premises. Three years remaining on lease. Space includes good sized retail area, counter, office, storage area with racking, additional rooms for massage therapy, and washroom.

General Information

Employees: 01
Year Established: 1995
Trading Hours: 10-6, 10-9

Property/Location

Real Estate: Lease
Location: Very high trafffic location.
Lease Terms: Approx. $5,500 per month, all costs included.

Other Information

Training Support: Adequate training is assured. Purchaser must gain product knowledge from seller.
Market Outlook: Very little direct competition, some competition on particular products.
Reason Selling: Retirement
Financing: Vendor willing to consider financing portion of price.
Website: sunbeltnetwork.com/saskatoon

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