With two established locations this retailer of apparel and sporting goods is regarded among the best in their industry. Ownership acquired this business as a side project in 2010 and saw a potential to expand this business, with hard work and dedication they have been able to establish themselves in a strong market position through exclusivity and quality products. With over 20 years in business, they pride themselves in customer service excellence, quality of inventory, and personalized service. They offer a wide variety of apparel including jackets, shoes, hats, hoodies, pants, and swimwear. Along with apparel they offer several product lines of snowboards, skateboards, scooters, and skis. There has been a new location established in the past 2 years that was meticulously researched to ensure its ongoing success
This represents an incredible opportunity for a motivated buyer to continue to expand the business. A contract was recently signed with a huge online and brick and mortar retailer Canada-wide which will continue to grow the sales of this business. This also represents a great option to grow or expand an already established brand.
WHY THIS BUSINESS:
• Well-known business, with great reputation and brand-name
• Excellent inventory
• Multiple locations
• Dedicated, knowledgeable employees
• Several product lines ensure year-round business
• Recently signed contract with a larger retailer
• Easily expandable; high growth-potential
• Exclusivity agreements in place with over 80 brands
• Leasehold improvements already made
• Established website and e-commerce capabilities
• Franchise possibilities
Note: Asking price includes assets, inventory will be sold be in addition and at landed cost
Note: Revenue and Earnings are based on annualized values of 9 months of 2022 fiscal year values
Note: Assets and Inventory are approximate and subject to change