Back to Top

Add to Shortlist View Shortlist
Receive Email Alerts

Listing ID: 3205132

Arts, Crafts & Toys retailer in busy city center For Sale

Canada

CA$ 329,000

Revenue: CA$ 500k to 1m

Cash Flow: CA$ 100k to 250k

Business Description

Very well established retailer in the art, toy, and craft space, this company has been growing year over year without any real online presence. For the keen entrepreneur, we believe a focus on the online marketplace within Canada can add substantial value to the business, channels such as Amazon and Shopify, given several exclusive lines this company carries.

From a staffing perspective, there are approximately 10 full and part time staff required to run

Hours of operation:
10 am - 7 pm M, T, W, F
10 am - 8 pm Thurs
10 am - 5 pm Sat
11 am - 5 pm Sun

POS system is state of the art and fully integrated. We feel there is a strong opportunity for new management to scale back on some of the expenses this company has incurred over the years. We know some business owner choose to incur expenses for various reasons, without any expected return or real value to the business. Lets connect and discuss some of these instances.

Revenues have averaged close to $800K over the past three years, with 2019 expected to reach $900K.

Seller's Discretionary Earning have been growing every year and have averaged $130K over the past 3 years, and will reach $155K for 2019.

Your average annual return on investment will be approximately 55%, based on an anticipated purchase price, with your 35% down payment for the business and working capital, and considers the 2019 SDE, after mortgage payments and after paying yourself a $50K salary.

The company carries approximately $250K in inventory and increases up to $300K during the holiday season. In addition to the Purchase price of the business, there would be approximately $180K in working capital that will need to be acquired, via term loan and/or operating line of credit. Working capital is primarily Inventory and Accounts Payable and will be calculated and adjusted accordingly on sale.

** Seller's discretionary earnings are the pretax and pre-interest profits before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. In addition, SDE may require that expenses be adjusted if a new owner will necessarily need to take on a new expense.

Leased location:
- total space of leased location is approximately 2614, which approximately 1600 is the actual store. Balance is office and storage.
- rent includes everything except insurance, internet, and phone.

Exceptional location.

Price
$329,000 (Shares)
Minimum Equity Required
$130,000

Property Details

Property Type:

Lease

Other Details

Business Location:

Atlantic Canada

Contact this seller

Already a Member? login

Fields marked with a * are mandatory












CAPTCHA image
*Please enter the 5 digits as they appear in the image on the left.
 Yes I wish to receive the monthly newsletter and other emails directly from BusinessForSale.com
 I have read and agree with the Terms & Conditions & Privacy Policy

Listed by:

Related Businesses for Sale

Selling a Business?

Visit the page to Sell a Business in Canada

BusinessForSale.com

Copyright © 1997 - 2018 Dynamis Ltd and all subsidiaries.

Registered Address:
Dynamis Limited. Dynamis House, 6-8 Sycamore Street, London, EC1Y 0SW. United Kingdom.
VAT No. 747791385 Company
Registration Number: 3788210

MEMBER OF