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Profitable Women's Clothing Boutique In SW Ontario For Sale

Ontario, Canada
Asking Price:
$250K - $500K (CAD)
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
$50K - $100K (CAD)

Profitable woman's clothing business in a mid-sized town in SW Ontario.
Established for over 25 years with 3 years remaining on a favorable lease.
Recently renovated store.
Business lines include clothing, lingerie, shoes and mastectomy/prosthesis.
Owner looking to retire.
Perfect for individual looking to move to small town with lower cost of living and great place to raise a family.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

Lease has 3 years remaining. Common area costs/taxes are extra Currently $2,100 / annum

Leasehold Rent:

$17,400 (CAD) per annum

Location:

Boutique is located in downtown area on main street.

Premises Details:

Recently renovated (2021)
Includes 3 changes rooms, Mastectomy room for clients, kitchen area and office area. As well there is storage on main floor and in unfinished basement.

Size in square feet:
2,000

Business Operation

Competition / Market:

Several clothing store ins downtown area but none sell lingerie or Mastectomy/Prosthesis products. Only store in area selling these.

Reasons for selling:

Owner retiring.
Value of business based on inventory value plus fixtures plus $50,000 for goodwill associated with Mastectomy/Prosthesis and lingerie client lists. Total cost will be approximately $300,000

Trading hours:

10:00 - 5:00 M - F
10:00 - 4:00 Saturday

Employees:
1 full time and 1 part time needed to run store
Years established:
1997

Other Information

Support & training:

Owner is willing to offer up to 3 months training as well as 3 month admin support for accounting, purchases etc.

Furniture / Fixtures value:
$25,000 (CAD)
Inventory / Stock value:
$225,000 (CAD)

Contact Seller

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