MergerPlace

Gift Shop for Sale in Banff, Alberta

Alberta


  • Asking Price: $450,000
  • Gross Income: $1,104,922
  • Cash Flow: $177,216
  • Real Estate: Not Disclosed
  • Inventory: $300,000
  • FF&E: $25,000
  • Listing ID: #215324
  • Established: 1994
  • Employees: 3 FT/ 0 PT

Business Description

This souvenir/gift shop has been a prominent landmark on Banff's busiest thoroughfare for 25 years. Their vast of array of products attract every tourist regardless of budget or tastes. They have something for everyone. Banff has been a world-famous tourist destination for over a century and the local economy is not dependent on Alberta's or even Canada's economy. If you've ever dreamed of living in one of the most beautiful places in Canada, in the midst of the majestic Canadian Rocky Mountains, this is your opportunity to make it a reality. $300,000 of inventory is included in the price.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Alberta

Company Information

Year Established: 1994
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT/ 0 PT

Financial Information

Asking Price: $450,000
Gross Revenue: $1,104,922
Cash Flow: $177,216
FF&E: $25,000
Inventory: $300,000
Seller Financing Available: No

Property Information

Facilities:

Located on Banff Ave, this is one of the larger gift shops in Banff.

Competition:

With Banff being such a popular tourist destination, there is competition but this shop is located in a prime location on the busiest thoroughfare for both foot and vehicle traffic in Banff.

Reason for selling:

Retirement.

Support & Training:

Will train for 8 weeks @ no cost. The gift shop carries all kinds of items from key chains, t-shirts to high-end apparel and jewellery.

Contact Business Seller

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Business Listed By:

Steven Fylypchuk

Murphy Business Brokers