Specialty Gift Boutique
The Boutique offers a sophisticated assortment of merchandise from leading Canadian and international manufacturers of jewelry, high-end personal gifts, and tasteful home décor items appealing to affluent, style-conscious customers.
It has an excellent location in an upscale neighbourhood with plenty of foot traffic in a busy retail hub. The lease with its multiple renewal options ensures the business will remain in its prime location for many years to come.
Providing consistent financial results, being very nicely appointed and fully equipped, the new owner will be able to acquire this Boutique and capitalize on its proven business model with minimal additional investment.
Type of Sale: Share Sale/Stock Sale
Inclusions in Asking Price:
Operational Balance Sheet Inclusive of: Furniture, Fixtures, & Equipment / Goodwill / Normal NWC Inclusive of Inventory
Business Value (exclusive of Normal NWC): $ 206,000
Normal Net Working Capital (fluctuates with seasonality): $ 393,000
BUSINESS ASKING PRICE $ 599,000
Normalized Financial Summary
Revenues: $ 1,445,000
SDE*: $ 241,000
*SDE: Seller’s discretionary earnings
Listing ID: VANCOBC002-N477
Location: Metro Vancouver, BC
Industry: Specialty Retail
Business Entity: Corporation
Business History: Nearly a Decade
- Consistently profitable
- Established relationships with leading suppliers
- Fashionable assortment of merchandise provides year-round sales
- Long term lease in place in an excellent location
- Trained staff in place