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Skate And Snowboard Shop For Sale

Greater Edmonton Area, Alberta, Canada
Asking Price:
$1,200,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$1,765,657 (CAD)
Cash Flow:
$420,784 (CAD)

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

Property Information

Real Estate:

Real Property Included

Location:

Two locations in Alberta

Premises Details:

One location owned, one is leased

Business Operation

Competition / Market:

Over 80 exclusive brands

Reasons for selling:

Retirement

Employees:
7
Years established:
2001

Other Information

Support & training:

Available; to be negotiated

Financing available:

Negotiable

Furniture / Fixtures value:
$207,300 (CAD) - included in the asking price
Inventory / Stock value:
$524,879 (CAD)

Contact Alberta Business Sales inc

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