968 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$325,385
Revenue$219,247 Established1989
Cash Flow$48,806 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
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
Ad #123670
Seller Reference #1217
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Tim Blais, BBA, CMEA
Gateway Business Brokers
1-855-537-0773
Name
Email Address
Message