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Listing ID: 3052317

European Antiques For Sale

Vancouver, British Columbia, Canada

CA$ 725,000

(Furniture / Fixtures included)

Revenue: CA$ 1,450,912

Cash Flow: CA$ 304,182

Business Description

BUSINESS FOR SALE – European Antiques

Asking Price:

Business: $725,000
Inventory: $400,000
__________________
TOTAL: $1,125,000

Vancouver, BC

CUSTOMERS: Homeowners, Designers, Collectors, and others

Retail | Consignment | Rentals

This is a great opportunity to acquire a well-established business with an enviable reputation and a loyal customer base. The niche industry is somewhat recession-proof, and the growth potential is phenomenal.

* $400,000 Inventory (all good and salable) - will sell in store for $1Million +

REVENUE
2018: $1,450,912
2017: $1,276,094
2016: $1,200,984

CASH FLOW
2018: $304,182
2017: $247,115
2016: $242,069

CASH FLOW
2018: 21.0%
2017: 19.4%
2016: 20.2%

* 10+ Years in Business.
* Owner not involved in day-to-day operations
* Great manager & staff in place.
* Inventory ($400,000 - all good and salable)
* Customer Deposits included.
* No need for capital expenditures.
* Simple business to operate.
* Multiple revenue streams.
* Extensive training offered to new owner.
* No industry knowledge required, but a passion for customer service is necessary.
* High quality products.
* Long-term repeat customers.
* Well established vendors & suppliers
* Convenient location.
* Good lease.
* High barriers for new competitors.
* Detailed financial information available.

Property Details

Property Type:

Lease

Inventory Value:

CA$ 400,000

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