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Listing ID: 1531

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$375,000 CAD

RETAIL

3 Fashion Retail Stores (REDUCED) in Top Toronto Neighbourhoods

Toronto, ON

Independent

$375,000 CAD

RETAIL

3 Fashion Retail Stores (REDUCED) in Top Toronto Neighbourhoods

Toronto, ON

Independent

This successful mini-chain of womens fashion apparel has been in operation for 15 years in 3 of the most popular shopping destination areas of the city. The shop caters to creative professional women with business casual and casual merchandise and has become a favourite among 35-50 year-olds. The locations are in prime spots within 3 of Torontos trendiest neighbourhoods that feature high traffic and shoppers that are ready-to-buy. The leases are all secured for several more years and with its loyal customer base, expects to extend its steady growth for a long time. The extensive inventory of moderately price merchandise is all recently acquired and in-demand. The company also designs an in-house brand that enables higher margins to be achieved and differentiates the store from competitors. The friendly and experienced staff make all customers feel very comfortable and are very professional at encouraging sales. After several years of improving systems and procedures which yielded improved results, the founder and current owner is ready to move on to other ventures. This is an ideal opportunity for a young entrepreneur who has a keen interest in womans fashions.

Legal Body

Incorporated

Established In

2003

Proprietary Assets

In House Brand

Last Year of Completed Statements

2017

Gross Revenue

$1,000,000

Annual Earnings

$100,000

Land/Building Included

No

Rent/Lease Amount

$125,000

% of Business Selling

100%

Reason for Sale

Personal

Financing Available

No

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

BizON assumes no responsibility for the accuracy of any information shown.

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Annual Earnings:

$100,000

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

 

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