Retail Opportunity
Location:
Canada
->
British Columbia
->
Victoria
Industry: Retail > Home and Garden Retail
Business Summary
Tradition and character come with 86 years in the same location, in a heritage building in the core of an established upscale community. Great lifestyle possibilities for a new owner, with business growth opportunities to build on the existing base of local residents and faithful returning customers.
A desirable, classic mainstreet location. This hardware, paint and home supplies store occupies an attractive, well-maintained space with impossible-to-imitate vintage character. It has been a favourite retail landmark in its community for generations. And not just any community - this is one of the most desirable, highest income areas in Victoria.
Owners strongly motivated to sell – asking price has been lowered to make it as easy as possible for a new owner to step in.
Store carries a wide range of house wares, gardening tools and supplies, paint, bird seed and feeders, cleaning supplies and tools, plus many items not available elsewhere.
Do you have a flair for merchandising? Take a look at this store and just imagine what you could do. Price has been reduced, and this store hasn’t been on the market for more than a generation. Don’t overlook this rare opportunity!
Financials
Asking Price Range: < $250K
Gross Revenues:
$324,000
Cash Flow:
$28,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $130,000
Seller Financing: Yes
About The Business
Year Established: 1922
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: The Sellers will stay for the training / transition period.
Reason For Selling: Time to retire.
Photos
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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: 70090886
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