Well Established Specialty Retail Business For Sale

Price: $1,500,000

Location: Southern Ontario

Industry: Retail - Foot wear and Clothing

Listing ID: EBB-RETAIL

Listing Description

This outstanding retail business opportunity located in Southern Ontario is now available!

This company has evolved from a modest family-owned niche sports related retail operation to a highly specialized footwear and clothing retail business over the past 50 years. It now commands a leadership position as a recognized Brand with a loyal and growing customer base. With significant growth opportunities available, this business is poised to continue with its outstanding tradition of quality products and growing revenues and profits.

Acquisition Highlights:

– Established 50+ years

– Specialized foot ware and clothing apparel retailer

– Premium product brand retailer

– Diverse client and vendor base

– Strong and growing multi-generational customer base

– Strong financial performance

– Low capital cost requirements

– Well maintained Inventory

Listing Details

Down Payment: $1,650,000

Total Sales: $1,410,000

Cash Flow: $360,000

EBIT: $276,000

EBITDA: $285,000

FFE: $30,000 (Included in Price)

Inventory: $450,000 (Included in Price)

Reason For Sale:

Retirement

Training & Support:

Seller will provide transitional training and support.

Location

Monthly Rent: $5,000

Type of Location: Retail

Square Footage: 7,000

Relocatable?: Yes

Facilities Information:

5,000 s.f. Retail space, plus 2,00 s.f. for warehouse.

Current facility can be leased from the Owners. They would also consider selling the premises

Second location is 1,200 s.f.

Summary

Owner Qualifications:

Retail business background would be advantageous.

Competition:

Approximately 6 retail competitors with mixed product offerings. 3 major competitors are 100 KM or more from the Seller’s location

Potential Growth:

Online Sales

Social Media campaign

Special Events sponsorships