MergerPlace

Fashion Retail Opportunity

Undisclosed, British Columbia


  • Asking Price: $975,000
  • Gross Income: $4,166,000
  • Cash Flow: $22,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #214473
  • Established: Not Disclosed
  • Employees: 13 Ft. and 26 PT.

Business Description

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


Business Details

Primary Business Category: Retail Trade - Clothing
Location: British Columbia
Metropolitan Area: Undisclosed

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 13 Ft. and 26 PT.

Financial Information

Asking Price: $975,000
Gross Revenue: $4,166,000
Cash Flow: $22,000
Seller Financing Available: No

Property Information

Growth & expansion opportunities:

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

Reason for selling:

Retirement

Support & Training:

Vendor will provide an agreed period of training and transition to the new owner.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Pino Bacinello

Pacific M&A Business Brokers Ltd.