Sears Canada Dealer Store
Location:
Canada
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Alberta
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Wetaskiwin
Industry: Retail > Home and Garden Retail
Business Summary
This is a rare opportunity to acquire a well established and very profitable Sears Canada Dealer Store in Alberta! This 7,400 square foot location was established 10 years ago and just came on the market in March of 2008. With inventory in excess of $500,000 in merchandise (on consignment from Sears), 2007 sales were $2.8 Million. $1.6 Million was from showroom sales and $1.2 Million was from catalogue sales.
The store is located in the historic downtown shopping area. This is a ''Big Ticket'' sales outlet specializing in major appliances, mattresses & bedding, home electronics, exercise equipment, patio furniture, lawn mowers and lawn tractors.
This store operates Monday through Saturday from 9:30AM to 6:PM ... No late nights or Sundays. The store generates their impressive revenues with the efforts of just the current owner, one other full time employee and two part-time employees. A successful purchaser of this business could extend the hours and/or open on Sundays should they desire to do so.
The idea purchaser would be a husband/wife team or family that would be interested in continuing to grow the revenues of this very successful operation.
The market area for this Sears store is the City of Wetaskiwin and its trading area population of approximately 30,000. The City of Wetaskiwin is located 72 km south of Edmonton and 100 km north of Red Deer. Information on this vibrant community can be found on their Web Site at: wetaskiwin.ca. Contact us today for full details on this outstanding opportunity! Contact for more information on this Sears Canada Dealer Store for sale.
Financials
Asking Price Range: < $250K
Gross Revenues:
$1,800,000
Cash Flow:
$86,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $35,000
Seller Financing: No
About The Business
Year Established: 1998
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller and Sears Canada will provide full operational training!
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Retail > Home and Garden Retail business for sale.
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Print Listing Id: 70080686
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