Unique Gift Store in Busy Lower Mainland Mall For Sale

Business description

Well established GIFT Store with PROVEN track record located in a MALL in a GROWING NEIGHBOURHOOD. Price reduced for a quick sale. This is an opportunity for serious buyer(s) to step into a turnkey operation with training available. Priced less than a franchise with no franchise fees. Get your investment back in 2 years.

Property information

Real Estate:

Lease

Lease terms:

5 years with additional renewal possible

Location:

Busy location in a popular Burnaby mall across from two major anchor tenants in a major shopping centre in the Lower Mainland with skytrain, apartment dwellings and student traffic

Other information

Expansion potential:

Approximately 10 - 15 new residential buildings have/will be constructed over next two years within a five block radius.

Proven sales track record since the inception of the business with consistent sales growth.

Effective inventory by utilization of major Point of Sale and back office software.

Generated significant goodwill with the Landlord, key tenants and local business organizations.

Competition / Market:

Established as one of the most popular Gift stores in the Lower Mainland over the last 15 years with strong repeat clientele. Developed a strong reputation over the Lower Mainland by providing a unique product mix including certain niche product lines. Superior inventory mix compared to other Gift stores as a result of vast connections with suppliers throughout Canada. Negotiated discounts with longer payment terms.

Support & training:

Will provide full support and training to our buyer. Will also include supplier list and introduce buyer to our key suppliers.

Reasons for selling:

Primary reason for selling is retirement. We have successfully operated this business for 15 years and wish to concentrate on family and health now.

Trading hours:

Mall Hours

Related documents:

• Document

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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