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BUSINESS FOR SALE - PROFILE #  80311801

Established Profitable Specialty Retail Business
Red Deer, Alberta

Asking Price: $850,000   Down Payment: $106,250  
Gross Revenue: $1,413,735   Adj. Cash Flow*: $344,515  
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Executive Summary
This is an excellent opportunity to own a successful and very profitable specialty retail store in Red Deer. This well-known business has established itself after more than 30 years serving customers throughout Central Alberta and won't be on the market for long. This is a rare turn-key opportunity as the staff is well trained and manage most of the day to day operations. The business has also increased sales over the recent downturn, which is a credit to their positive reputation with a loyal customer base and resulting word of mouth referrals. Included in the sale are all of the furniture, fixtures & equipment required to operate the business, in addition to $110,000 of current inventory at cost. The current owner is retiring and will provide any training and support necessary to ensure a successful transition. A full marketing package will be made available to qualified buyers and all reasonable offers will be considered.

Acquisition Highlights

  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1986 Inventory: $110,000 Included
Furniture, Fixtures & Equipment: $15,000 Included
Real Estate:
    Total Assets Included in Sale: $125,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Ryan Jorden
Phone:  (403) 808-7672
Fax:  (866) 301-6297
Other:  (403) 808-7672
E-mail:  ryan@vrcgy.com
VR Business Brokers Calgary-Bow Valley, Alberta,CA
1A, 4321-23B Street NE
Calgary, AB
www.vrcgy.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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