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Businesses For Sale   >>   British Columbia Businesses For Sale Categories   >>   

Established Men's Wear Store

Location  British Columbia,Canada
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $960000
Net Profit / Cash Flow  $169000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1988
Number of Employees  4 - 5
Inventory  750000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  Yes
Reason for Sale  Retirement
Description  Great opportunity to acquire this prominent high-end men's wear store located in metro Vancouver. The business has been operating for over 25 years, and they service a very large and loyal client base. The store sells suites, neckwear, dress shirts, sportswear and shoes made by the top designers within the industry. They offer on-site tailoring which enables them to deliver the highest level of customer service. Over the years they have developed a strong and dependable supply chain for their products which would be hard to duplicate. They have a proven marketing system that targets their data base of over 2100 clients. The store has long-term staff in place, with extensive product knowledge and strong commitment to deliver exemplary client service. The store is well designed and it was recently updated to reflect the high quality products they sell. No industry experience is required as full training will be provided. The current owner is retiring after many rewarding years, which creates a special opportunity for someone to continue the legacy of this successful business. $650K of Inventory is included in the Purchase price
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