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Gift & Dollar Store - Southern Alberta
Location: Canada -> Alberta -> Lethbridge
Industry: Retail > Other Retail




Business Summary

This is wonderful opportunity to own a thriving, well stocked, unique store that stands alone with no competition situated on a main street in small town in Central Alberta. A major highway runs through town and many tourists and visitors are attracted by a number of diverse things to do in the Area.

The business is a turn-key operation and is set up such that a buyer already has future stock to draw from various holidays and seasons. Current stock consists of items that range from $3000 right down to $0.10. There is super selection of gift ideas; large and small fountains, figurines, wildlife, safari, terracotta, porcelain dolls, cherished teddies. Once the gift has been selected the customer can then purchase the gift cards, wraps and ribbons to complete the purchase. Camping supplies, souvenirs, flags, film, sunglasses and much, much more is available There is also a great selection of ladies apparel and accessories. Also generating steady income is the general store aspect. The current owners are marketing the inventory not only in the store bu also in a vast trading area. Contracts with Sears and Greyhound also generates steady a revenue to this business that has been successful for 14 years and certainly not slowing down.

It would be be an asset that you as potential owner have a good foundation in buying excess inventories and close-out sales. However, if necessary, the present owner will stay for negotiable period of time to assist and train.

The building is owned by the vendors and can either be leased from them or purchased separately.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $303,000
Cash Flow:   $99,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $300,000
Seller Financing:  Yes

About The Business

Year Established:  1999
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Full training and support will be provided as needed.
Reason For Selling:  Owner retiring.




Print Listing Id: 700221454


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Related Searches: Catalog and Mail Order Retail  >  Clothing and Footwear Retail  >  Computers and Electronic Equipment Retail  >  Convenience Stores Retail  >  Florist Retail  >  Health and Beauty Supplies Retail  >  Home and Garden Retail  >  Movie Rental  >  Wedding and Formal Rental  >  Other Retail  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Alberta Businesses For Sale > Alberta Franchises For Sale



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