Listing Number: 021121-643850
Description
Explore the allure of this upscale boutique,
Operating for over 5 years, this beltline location benefits from a steady stream of nearby foot traffic. The current owner, eager to embark on new adventures, is dedicated to ensuring a smooth transition by providing support and training to the incoming proprietor.
While the business experienced a temporary decline in revenue during 2020 due to Covid restrictions, it has been on a recovery trajectory. The boutique holds untapped potential for further growth. Securing this opportunity is made even more appealing with a lease extending beyond three years at a monthly rate of $2,200, inclusive of basement space, with a 600 sq. ft. operational area.
In the last fiscal year, the business generated $96,646 in revenue. The asking price for this business is $250,000, which includes inventory valued at approximately $175,000. Seize the chance to own and elevate this boutique to new heights.
Listing Details
- Price: $ 200,000
- Down Payment: --
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 0
- Location: Alberta
- Inventory: $ 0
- FF&E: $ 0
- Employees:
- Reason for Selling: retirement
- Category: Clothing
