Bead & Gemstone Business for Sale

Undisclosed Address, Vancouver, BC V6A 2P8
Business Opportunity for Sale
Catylist Listing ID: 30640568
Property Subtypes: Retail Stores
Building Size (RSF): 1,050 SF
Sale Price: $220,000
Name of Establishment: Confidential
Year Business Established: 1995
Gross Revenue: $530,000 (Annual)
Cash Flow: $130,000 (Annual)
Cash Flow Type: EBITDA
Relocatable Business: Yes
Sale Terms: Asset Sale
Last Updated: 9/12/2020

Overview / Comments

Perfect opportunity to purchase a well established bead and gemstones business with over 25 yrs of success located in Vancouver. Business sells beads and semi precious stones at both retail and wholesale level. Purchaser would not need industry specific experience, experienced staff handle day to day operations, Original owner retiring , will be available to stay for training.

Owner Operator Net income over $130,000/Yr with large revenue growth opportunity possible through on-line expansion. Current online sales at 5% only. Confidential Sale, NDA required before receiving any information.

Additional Details

Industry Segment: Independent Stores
Reason for Selling: Retirement
Value of Inventory Included ($): $180,000
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Mgmt/Training Support Description: yes
Growth/Expansion Opportunities: Online Sales
Seller Financing Description: none

Contact

Photograph of Listing Agent

Eugen Klein

Royal LePage Sussex Klein Grp
Commercial First Member
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