Outstanding Speciality Retailer
Location Saskatchewan,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $1037541
Net Profit / Cash Flow $141000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2006
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Post closing support and training available as required
Reason for Sale Owners wish to spend more time with their young children
Description Rare opportunity to acquire a profitable, rapidly growing market leader with substantial upside potential. Historical compound annual sales growth exceeds 22%. Regina, SK is booming with strong population, job and income growth underpinning anticipated continuing sales and profit growth.
Exclusive merchandise lines
High traffic strip mall location - below market rent through December 31, 2014
Limited competition - primarily independent operators
Substantial revenue and earnings growth achievable by way of simple operational changes
Review engagement financial statements
Ideal for husband & wife or existing retailer with complimentary products. Latter may be able to integrate business into existing premises upon lease expiration, reducing costs by over $85,000 per annum.
Asking 4x trailing EBITDA plus inventory at cost - CDN $695,000. Sellers will carry some financing for the right Buyer.
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