Stationery and Furniture Retail Store in Nothern Alberta For Sale

Business description

This company is a successful "marketing savvy" stationery and office furniture operation serving a trading area near major oil sands development centers allowing for long-term economic opportunities. The business is long-established with well-trained and knowledgable staff. The company has "backed up" it's up-to-date computer based marketing initiatives with a reputation for excellent service and top quality products making a leading retailer in the region.
The revenues of the company have doubled in recent years as a result of product diversification, efficient up-dated facilities and professional sales friendly and service oriented staff. Management is continually expanding the market by exploiting internet marketing and product technology.

Property information

Lease terms:

Lease agreement to be negotiated with the new owner.

Location:

The main retail building is situated on the main street of a substantial Northern Alberta town.

Other information

Expansion potential:

The main retail building and the warehouse are well-suited for the present level of operations but could also accommodate expected growth up to as much as double the current sales volumes.

Competition / Market:

There is no direct competition in the region. Staples and Grand & Toy shipments of merchandise are noticed but in general the area is not really being serviced by any significant competitors. The company is constantly improving its product and service position to maintain the status of a leading retailer in Northern Alberta.

Support & training:

The seller agrees to stay on for a period of time after the closing to assist in the transition process, at a rate of pay agreed upon by both parties.

Reasons for selling:

The owners have achieved their business goals and wish to persue other non-competitive interests.

Trading hours:

8:30 to 5:30 + 9-3 on Sat.

Financing available:

Limited Vendor Take Back may be negotiated.

Furniture / Fixtures value:

$100,000

Inventory / Stock value:

$400,000