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#Business ID: 24794

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Used Clothing Business w/ Real Estate, Motivated Seller

Business Location: Nova Scotia, Canada

Asking Price: CA$ 420,000 Revenue: CA$ 283,000 Cash Flow: CA$ 63,000

[Furniture / Fixtures included]
[Real Estate Included]

Business Summary

We know how meaningful the decision of buying a business can be and the importance of getting it right. If you want to work with a professional who cares greatly about your success and delivering more value to you than any other, you have connected with the right team. We are not just a transaction company, we are an exceptional service company. Assisting you to obtain an unparalleled level of certainty and confidence is our priority.

Those buyers who qualify to work with us obtain access to:

1. Our buying and selling process that generates results upwards of 9x the industry average, saving you time, money, and delivering worthwhile outcomes faster.

2. Qualified motivated sellers of established profitable business that are bankable and have undergone a thorough valuation and due diligence on our behalf.

3. A financing success rate of nearly 100% for all businesses we represent.

4. World class business results training program that has proven to generate returns greater than 400%, every single time. Every one of the buyers who acquires a business with us is gifted with tools for growth.

"Your Success is Our Passion"

Location:

Nova Scotia, Canada

Description:

If stable and reliable income is what you're after, then this longstanding used clothing business is set up to deliver just that for you with its proven model, established suppliers, and experienced key staff. On top of this established business and attractive return on investment, a laid back rural lifestyle rounds out the offering. If you're an analytic with numbers, connect with us today to discover the ROI on your investment, we're certain you'll be excited to see the returns from both the real estate and the business. We believe there is upside income potential for a more active involved owner, through expense reduction as well increased sales to corporate clients.

Financial Information: (Canadian currency)
4 year average Revenue: $283,000
4 year average SDE: $63,000

* SDE - Seller's Discretionary Earnings are the pretax and pre-interest profits before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. In addition, SDE may require that expenses be adjusted if a new owner will necessarily need to take on a new expense. SDE is after mortgage payments and return on capital of 8% for the proposed real estate investment.

Minimum Equity Required
$145,000

Real Estate
1.13 acres with 2 buildings, well and septic included in purchase.

Main building is 1,800 square feet, constructed in 1989, had a new roof installed 13 years ago, and is equipped with a heat pump. Outbuilding of 1,450 square feet was constructed in 1997, upgraded in 2012. Large trailer for inventory storage also included. Property taxes $3,400 annually.

Price
$420,000

Please contact us for more details.

Property Details

Years Established:

31

Property Type:

Real

Miscellaneous Details

Financing Available:

Yes

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