Summary
- Asking price:
-
$375,000
(Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $465,000
- Cash flow:
- < $500k
- Franchise opportunity:
- Yes
- Years established:
- 8
- Relocatable:
- This business can be relocated.
Business description
Well established business with excellent growth potential. Targets 40+ age group, ie the baby boomer generation who are focused on keeping active and foot healthy. Provides one stop shopping for those who need orthotics, supportive shoes for work, home or relaxation or other foot related products and services. Referals from medical community, physio/occupational therapists, general practitioners, chiropractors, etc. Great location and premises
Franchise terms
Potential owners will be approved by franchisor. $5000 franchise transfer fee payable
Property information
- Real Estate:
- Lease
- Lease terms:
- 3 years remaining on current lease with 5 year renewal option.
- Location:
- Centrally located in the TriCities of Metro Vancouver, on the border of Coquitlam and Port Coquitlam. Located at the intersection of Lougheed Highway and Westwood Street in a busy strip mall with great parking and visibility.
- Premises details:
- 1100 Square Feet in Westwood Centre Mall. Parking in front of store front. Other tenants include 2 womens wear stores, 4 restaurants, one of the busiest liquor stores in BC as well as other mixed retail and services.
- Size in square feet:
- 1100 Square Feet
Other information
- Expansion potential:
- Excellent growth potential for existing store with medical community. Current location is located adjacent to other potential locations for those who wish to expand.
- Competition / Market:
- Business is uniquely positioned as a one-stop location for orthotics, high quality supportive footwear and a wide variety of foot related products and services. Franchisor provides excellent training for owners and staff.
- Support & training:
- Excellent training and support provided by franchisor both at Foot Solutions headquarters as well as on-line.
- Reasons for selling:
- Current owners are retiring
- Trading hours:
- Two Full time (owners) plus two part time employees
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Furniture / Fixtures value:
- $30,000 (included in the asking price)
- Inventory / Stock value:
- $125,000 (included in the asking price)
- Website:
-
www.footsolutions.com/tricities
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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