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71338- Upscale Apparel Boutique – Ebitda $340k

For Sale in CAN

Listing ID: 71338 | Broker Listing ID:

Financial & Assets Details

$3,488,000
$452,000
$150,000
$550,000
Yes

About the Business

1982
23 FT
Yes

Business Description

Successful, long-standing, well established retail chain with great brand recognition! Great opportunity!! With multiple locations in the premium areas of Vancouver, British Columbia this company offers high-quality fashionable female apparel and accessories. Its primary products include name brand European style tops, bottoms, and accessories targeting more affluent or mature women. The company's headquarter location features a large retail showroom. They have two other locations and an online presence. The company employs seasoned professionals who understand the products and their customers intimately. The company has a proven track record, supported by an excellent, trusting relationship developed over many years with its customer base. With a broad range of established brands, many of which are exclusive, the company’s marketing efforts focus on targeting the local community and tourists. Revenues have been increasing over the past 5 years, due to word-of-mouth referrals and an increase of internet traffic. Total revenue was $3,481,521 with an EBITDA of $340,036 last year with projections of $3.65M revenues this year. With a large customer base and solid reputation, they continue to attract new customers while maintaining its reputation.
Employees: 23, Seller Transition Time: Negotiable, FF&E: $100k to $150k, Inventory Turnover is Better than Average, Inventory is included, $500k or more (TBD at closing).

Seller Financing

Negotiable for the right buyer

Support & Training

Seller Transition Time: Negotiable

Listing ID: 71338

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