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#Business ID: 23023

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Leslie's Finery - High Margin Lingerie Retailer

Business Location: New Glasgow, Nova Scotia, Canada

Asking Price: CA$ 249,000 Revenue: CA$ 613,430 Cash Flow: CA$ 116,389

[Furniture / Fixtures 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"

Leslie's Finery

If you have been dreaming of becoming your own boss and are passionate about fashion, or simply want to embark in a new venture with a solid foundation, this is the perfect opportunity!

The current owner has designed the business with a specific and unique vision in mind - Offering the highest quality undergarments, meeting the needs and comfort of women of all sizes.

Adding advertising, proper marketing, online purchasing....There is much room to quickly grow and expand the business for an ambitious Buyer who wishes to jump on the opportunity, dedicate the time and easily turning this already established and profitable business into a province wide, Maritime wide, nationwide and online massive business (i.e Etsy, Shopify, Amazon..). Furthermore, adding other clothing lines, opening more stores as the demand is definitely there, and possibility of franchising the store are just amongst so many possibilities with this business.

The Boutique also carries seasonal wear, elegant wear and bathing wear, adding to the primary source of revenue, the brassieres. We believe expanding the social media presence, the online direct to consumer sales are just a couple of areas of growth.

The owner will be happy to train and assist for a smooth transition to ensure the Buyer is fully capable of continuing to meet the demands of the clientele. All staff are extensively trained and certified specialty undergarment fitters.

Presently 3 Full Time and 2 Part Time staff.

Financial: Canadian Currency

2018 Revenues: $612,679
SDE: $88,614

2019 Revenues: $613,430
SDE: $116,389

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.

Minimum Equity Required

Real Estate
Leased space with past extensive improvements.
$2,000/month all utilities included.

$249,000 + Inventory

Property Details

Property Type:


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