Summary
- Asking price:
-
$225,000
- Sales revenue:
- < $500k
- Net profit:
- Available on request
- Years established:
- 3 1/2 years
- Employees:
- 4 f/t, 2 p/t
- Relocatable:
- This business can be relocated.
Business description
Established Benjamin Moore Paint store in growing community. Huge growth opportunity.
Property information
- Real Estate:
- Lease
- Lease terms:
- Lease ends in 2009 with a 5yr renewable option.
- Location:
- Spectacular seaside mountain community of Squamish BC is located in Howe Sound between Vancouver and Whistler. Dubbed the Outdoor Recreational Capital of North America. The business is located in a prime growth area in Garibaldi Village Mall right on the main highway.
Other information
- Expansion potential:
- Squamish is one of the fastest growing communities in BC. With a population of 17,000 and a steady growing community attracting a new wave of young families choosing Squamish for their future. With all the recent and future developments including Quest University, oceanfront developments, 2010 Olympics and the Sea to Sky highway upgrades- there is strong business opportunity in a growing home decor sector.
- Competition / Market:
- Benjamin Moore is the #1 trusted brand in Canada for paint. Competition is here- with Cloverdale Paint and other building supply stores but each are targetted more at the contractor market.
With the growing population a new owner/operator focussing on the growing community and using the Benjamin Moore brand and support would easily grow this market.
- Support & training:
- Training & support by owners and also provided through suppliers.
- Reasons for selling:
- This is a second store and needs an owner/operator who lives in the community to grow the business.
- Trading hours:
- Seven days a week, Monday - Thursday 8-5, Friday 8-6, Sat 9-6, Sun 11-5.
- Furniture / Fixtures value:
- $100,000
- Inventory / Stock value:
- $90,000