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Successful Gift Store

Listing ID:
EDMONAB001-N119

Confidential, Alberta, Canada

All Other Miscellaneous Store Retailers

Listing Status: Active

Sunbelt of Edmonton

Phone: (780) 471-4988
Fax: (780) 479-1052

The following broker is assigned to this listing:

Michael McCulloch

michael@sunbeltedmonton.com

Description

This business is located in one of the most desireable Malls in the city. It has been successfully operating in that location for thirty six years. It always features cutting edge gift and merchandise ideas, its highly trained and motivated staff are adept at creating individualized gift ideas for discerning shoppers. Knowlegable buying by the owner have kept this store ahead of the curve with merchandise  styles from around the world. Its continued offerings of quality, unique giftware over the years has kept customers coming back time after time to patronize the store. People come from all over the city to fulfill their gift and housewear needs. The longstanding and impecable track record make this business a very good acquistion for someone who wants to succeed in a retail setting.

Financials

Asking Price:$980,000
Revenue:$1,575,000
Cash Flow:N/A
Downpayment: N/A
Monthly Payroll: ON REQUEST
FF&E Asking Price:N/A
Inventory Asking Price: N/A
Financing Available?Yes

Property

Type:Leased
Building Size:1776 sq ft

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1976
Year Acquired:
Full-Time Employees:3
Part-Time Employees:7
Reason For Sale:Retirement