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Listing ID: 2408348

Specialty Lingerie Boutique For Sale

Mill Bay, Victoria BC, British Columbia, Canada

CA$ 99,000

(Furniture / Fixtures included)

Revenue: CA$ 302,000

Cash Flow: CA$ 65,000

Business Description

Recession proof full service boutique specializing in empowering a healthy body image to women. Easy to learn business with full training provided. Specialty bras, foundation wear, lingerie, nightwear and loungewear. In addition to the 'brick and mortar' boutique there is an online eCommerce site that adds to the general revenue with huge potential for growth.

Increasing annual revenue year over year. Discretionary owner's income over $65,000. Business established 11 years with very reasonable lease. Revenue has tripled under current ownership in the last 6 years.
Partial seller information available.

Located in an area of growing population of over 400,000 people.
Two primary competitors in the region.

Property Details

Size:

Under 1000 square feet

Years Established:

11 years in business

Property Type:

Lease

FF&E:

CA$ 41,000

Inventory Value:

CA$ 130,000

Other Details

Business Location:

Primary high traffic location at the Mill Bay Centre, MIll Bay, BC ~ Plaza includes over 200 shops and business. This includes 3 banks, 3 restaurants, a grocery store as well as Medical Clinics and other retail.

Competition:

Located in an area of growing population of over 400,000 people. Two primary competitors in the region.

Operation Details

Employees:

1-3

Trading Hours:

Monday to Saturday 10:00 - 5:00

Support & Training:

Free training up to 100 hours plus additional industry training though Business Coach as well as on-line certification.

Miscellaneous

Financing Available:

Yes
Partial seller financing available

Reason For Selling:

Retirement

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