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Listing ID: 560559

Orthotics Retail Store For Sale

Victoria, British Columbia, Canada

CA$ 109,000

(Furniture / Fixtures included)

Revenue: CA$ under 100k

Cash Flow: CA$ 51,000

Business Description

Established for over 20 years. Owner/operator, a qualified Pedorthist (not essential), makes orthotics with the latest technology, is looking to retire, so sales have slowed down. 2011 netted $51,000. Have over 5000 clientele, and approx. 20 referring doctors. New lease in place that can be extended for a longer period. Very centrally located in Victoria with easy free parking. Seller will help train new owner who needs to be a hands-on person who also understands the human foot.
Asking $109,000

Property Details

Size:

739 sq ft

Years Established:

21 years

Property Type:

Lease

FF&E:

CA$ 50,000

Inventory Value:

CA$ 5,000

Other Details

Business Location:

In Stadocona Shopping Centre at Fort and Oak Bay Ave.

Premise Details:

739 sq ft of remodelled retail space with a rear work space.

Competition:

No Othotic outlets nearby although there are a few in Victoria.

Expansion Potential:

Business needs to be promoted by a person with energy to build it back to where it was a few years ago with 2 outlets.

Operation Details

Employees:

Self

Trading Hours:

Currently only 9 - 5 four days a week.

Support & Training:

Seller will train for one month

Miscellaneous

Reason For Selling:

Owner wishes to retire

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