35 Year Old Clothing Store For Sale

Description

For sale: Men’s and women’s clothing store located in the heart of Montréal on one of the busiest retail streets.Established in 1991, the business has built a strong reputation over more than three decades and has earned 1,100 five star reviews.Asking Price: 770,000 CADKey Details:Inventory included: 120,000 dollars at costStore size: 1,800 sq ftRent: 2,850 dollars per month, exceptionally low for this prime areaElectricity: 120 dollars per monthBusiness taxes: 500 dollars per monthInsurance: 200 dollars per monthLease: 4 years remaining plus 5 year renewal optionLease transfer availableStrong long term supplier relationshipsNo ecommerce or online sales currently in place, creating significant potential for digital expansionPrime high traffic locationLoyal customer base established over 35 years3 weeks of training includedReason for sale: RetirementA Rare Opportunity:This is an opportunity to acquire a well established and highly reputable business with exceptionally low occupancy costs and a strong landlord relationship that supports long term stability.There is also substantial potential to increase revenue, as the business currently operates without ecommerce, online store capabilities, or digital sales channels, making it attractive for growth focused buyers.Financial Information:Financial statements, revenue figures, and profitability details will be disclosed after signing a Non Disclosure Agreement during an in person meeting with the owner.Serious buyers only.