Successful Apparel and Accessories Wholesaler

ASKING PRICE:
$199,900

LISTING DETAILS:

LISTING ID: 3491

TYPE OF SALE: Share

MLS CODE: Exclusive

INDUSTRY: Wholesale / Distribution

REASON FOR SALE: Retiring

TRAINING & SUPPORT: Yes

DESCRIPTION:

Very successful direct importer & wholesaler of apparel and accessories which includes: Activewear, winter wear and accessories, summer and winter footwear, souvenirs, and more! Business enjoys two streams of revenue (1) wholesale (2) custom promotional wear (B2B). Great profits and low overhead. Warehouse located in the GTA conveniently near highway 401. Warehouse boasts approximately 4,060 soft of space which includes an office, showroom, and cash and carry space. Large and active customer base (approximately 80% are repeat customers). Annual rolling contracts with the Canadian Tire Corporation, Extreme Retail Canada (Buck-or-Two), other Discount and General store franchises nationwide. All equipment and furniture included in the price and in great condition with no upgrades necessary great growth opportunity. Perfect for a family run business. Owner is retiring and ready to hand off the business to the next successful owner. Comprehensive training will be provided. Listing ID: 3491

COMPANY INFORMATION:

FRANCHISE: No

SQUARE FOOTAGE: 4,060 sq ft

MONTHLY RENT: $4,009 pm (incl TMI) + HST

FINANCIAL INFORMATION:

GROSS REVENUE: $604,000

SDE: $127,000

FINANCING/TERMS: Financing Can Be Arranged For The Right Candidate

FFE INCLUDED: Yes

INVENTORY INCLUDED: No

EBITDA: N/A

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DISCLAIMER:

The information in this listing has been provided by the business seller. Business Broker 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.