Summary
- Asking price:
-
$195,000
- Sales revenue:
- > $500k < $1.5m
- Net profit:
- < $500k
- Relocatable:
- This business can be relocated.
Business description
Personal Touch Floor and Window Fashions is a successful retailer of flooring and window coverings. The company's success is built with dependable staff trained in colour and design, a well established supplier base and reliable independent contractors. The exceptional financial results are based on a five day operating week, a lifestyle choice of the current owner. This business is listed with DTZ Barnicke Nanaimo Ltd.
Property information
- Real Estate:
- Lease
- Lease terms:
- The lease is in effect until November 2009 at a rate of $1,200 per month (base rent) for 2,000 sq, ft. of space.
- Location:
- The business is located in the downtown core of Powell River, British Columbia. This is a retail area marketed aggressively by the local business association. The street-level retail store front is entirely display window creating high visibility for the business. The lower level contains warehouse area and shipping access. The business has been a perennial award-winning business for its top sales volumes, customer service and business excellence.
Other information
- Expansion potential:
- There is strong potential for growth supported by development of new residential subdivisions, condominium projects and a community focus to develop in-migration with an affordable retirement lifestyle.
- Competition / Market:
- Powell River area has limited competition in floor coverings and window fashion retail. The trading area includes the entire Sunshine Coast of British Columbia.
- Support & training:
- Assistance and support through the transition of ownership, for a period of up to six months, is negotiable with the current owner
- Reasons for selling:
- retirement
- Trading hours:
- Monday through Friday
- Furniture / Fixtures value:
- $22,000