MergerPlace

Trendy, One of a Kind Gift Shop

British Columbia


  • Asking Price: $169,000
  • Gross Income: $290,743
  • Cash Flow: $81,184
  • Real Estate: Not Disclosed
  • Inventory: $78,685
  • FF&E: $28,986
  • Listing ID: #218035
  • Established: 2004
  • Employees:

Business Description

This unique one of a kind gift shop has been in business for over 15 years in the same location. It is situated in one of the most trendy and desirable areas of Vancouver. The gift shop specializes in high end novel cards, games and journals.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: British Columbia

Company Information

Year Established: 2004
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $169,000
Gross Revenue: $290,743
Cash Flow: $81,184
FF&E: $28,986
Inventory: $78,685
Seller Financing Available: No

Property Information

Facilities:

The business is located in Kitsilano,one of the most desirable areas of Vancouver in a 1200 square feet retail location. This is a high pedestrian traffic area surrounded by prime retail stores, coffee shops and restaurants. The current five year lease expires in October 2021 and contains one five year option to renew. The store has been there for approximately fifteen years so further renewals should not be a problem.

Reason for selling:

Owner wants to pursue different interests.

Support & Training:

Will train for 2 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Arturo Kalb

Murphy Business Brokers