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Listing ID: 3112034

Jewelry and Accessories - Storefront Trendy Boutique with Unique Offering For Sale

Truro, Nova Scotia, Canada

CA$ 129,000

Revenue: CA$ 251,000

Cash Flow: CA$ 63,000

Business Description

Trendy boutique perfectly located in Truro's downtown core.

If you have been dreaming of becoming your own boss and are passionate about fashion, or simply want to embark in a new venture with a solid foundation, traveling the world for business, buying and designing jewelry as you go, this is the perfect opportunity!

The current owner has designed the business with a specific and unique vision in mind and one that caught on immediately with the targeted clientele. Adding a retail storefront and wholesale to the original online business resulted in this company booming for the past 6 years and still, there is much room to quickly grow and expand the business for a Buyer who wishes to jump on the opportunity.
The Boutique's products can be found in retail stores throughout 6 Provinces and over 25 retailers carry its products in Nova Scotia alone. We believe expanding the social media presence, the online direct to consumer sales are just a couple of areas of growth which could propel this company on the National, and International market.

The owner will be happy to train and assist for a smooth transition to ensure the Buyer is fully capable of continuing to meet the demands of the clientele.

Presently 1 Full Time and 5 Part Time staff

Seller's Discretionary Earnings (SDE) has averaged over $63,000 over the past 3 years.
Revenues have been stable in the past 3 years and have averaged over $251,000.
Approximate inventory $50,000

Leased location in the heart of downtown: $1,750/month taxes and utilities included
Boutique: 1,080 square feet
Basement storage space: 2,080 square feet

Property Details

Size:

1080 + 2080 square feet

Years Established:

2013

Property Type:

Lease

Other Details

Business Location:

Truro, Nova Scotia

Premise Details:

1080 square feet/boutique + 2080 square feet storage/office

Competition:

No

Expansion Potential:

Social media presence - Online direct to consumer sales

Operation Details

Employees:

6

Support & Training:

Yes

Relocatable:

Business Relocatable

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