Specialty Retail Store

Specialty Retail Store

Price: $1,025,000

Location: Saskatchewan

Industry: Retail - Speciality

Listing ID: REGINSK001-N77

Listing Description

For more than four decades, this business has prospered due to its well-earned reputation for delivering excellent product knowledge, quality products, service and peace of mind to its customers.  With a growing customer demographic the business is well positioned to benefit from increasing demand for the knowledge, products and service it is known for.

 

The owners enjoy a nice Business/Lifestyle balance knowing the business is in the capable hands of knowledgeable staff. The business generates consistent sales, profits and cash flow throughout the year and is well positioned for continued success!

Listing Details

Total Sales: $1,630,000

Cash Flow: $369,000

EBITDA: $294,000

(Included in Price)

Inventory: $200,000 (Included in Price)

Reason For Sale:

Retirement

Training & Support:

Seller will provide training and transition support. Existing employees are expected to remain with the business.

Operation

Year Established: 1975

Days & Hours of Operation: 9:00 to 5:30

Owner Hours Per Week: 32

Employees: 5

Managers: 1

Location

Lease Option: Lease runs until Nov. 30, 2021 with option to renew.

Type of Location: High traffic location strip mall.

Square Footage: 1,358

Summary

Competition:

Limited competition

Potential Growth:

Growing customer demographic lends itself to continued growth and success.



Broker Info

Barry Johnson, CPA, CMA, CBI

South Sunbelt Business Brokers

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Address:
109-845 Broad Street
Regina, Saskatchewan S4R 8G9

Phone:
3065307899

Fax:
3063527899

Email:
barryjohnson@sunbeltnetwork.com

Contact the Seller