This is an excellent opportunity to acquire a highly profitable, fast growing e-commerce/retailer. Located in a convenient location in Metro Vancouver, this Company services a specific recreational sport that is very popular in Canada and growing globally.
This business works with long-standing suppliers and carries a very diverse line of merchandise that supports a very passionate and loyal local customer base. In addition, the business provides a premium in-store service that is a competitive differentiator, and is able to attract in-store traffic for its merchandise business.
The premises is located in a high-traffic area, and attracts customers from across the Lower Mainland. The business has key store management in place, which would allow for a smooth transition for a new owner. The rapidly growing e-commerce site sells its diverse line of merchandise throughout Canada, the US, and worldwide.
The ideal buyer will have knowledge and passion for recreational sports, and ideally have experience in retail. Experience in e-commerce and digital marketing would be an asset.
Business Asking Price: $539,000
Type of Sale: Share Sale
Inclusions in Asking Price: Operational Balance Sheet Inclusive of Furniture, Fixtures, and Equipment; Goodwill; and Normal Net Working Capital of $335,000
There is opportunity for immediate and long-term growth.
More details available in a Confidential Information Memorandum.
Vendor will provide an agreed period of training and transition to the new owner.