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Established Childrens Boutique In Edmonton For Sale

Edmonton, Alberta
Asking Price:
$500K - $1M (CAD)
Sales Revenue:
$1M - $5M (CAD)
Cash Flow:
Available on request

A highly profitable, well established family owned business operating in the heart of Old Glenora for the past 10 years. The store has a dedicated loyal following of thousands of customers.

We are known for our excellence in customer service and our outstanding collection of Children's quality items. We are leaders in Children's Footwear and Fashions in the Edmonton area with an exquisite, constantly changing offering.

We have formed solid relationships with hundreds of vendors over the years which has lead to preferred terms and discounts and select exclusivity.

The store has a transferable lease with renewal available in November 2020.

This business would be a perfect investment for anyone with a passion for children and retail operations. It would allow for the new owner to chart their own path moving forward utilizing their creativity and vision.

If you are searching for a retail business that delivers excellent and consistent returns year after year, please contact us. We will respond to serious buyers inquiries in a timely manner.

Please contact us on this page to receive a personal reply. Discussions and questions will only be answered by the owner via the contact seller form on this page in the first instance.

Property information

Real Estate:

Lease

Lease Terms:

The lease expires in November 2020 with options for extension by the landlord.

Living Accommodation:

not applicable

Location:

The location is prime within the High Street Shopping district of Edmonton. There are thousands of vehicles passing by the shop on a continual, daily basis. The boutique is in close proximity to many exclusive shops in High Street and also 124 Street. There is free parking for customers right outside the store which is highly convenient for customers with small children.

Premises Details:

The store is approximately 2871 square feet with beautifully created departments within. There are two washrooms on the premises and two changerooms. There is a separated stockroom/office and another room for storing fixtures. The store front is fully windowed allowing for eye catching merchandising and displays to attract customers. The interior is well lit (new LED) and bright. The store fixtures are in place and of high quality. The building has a newer facade and the exterior is very well maintained with the landlords occupying the upstairs.

Size in square feet:
2,871
Planning Consent:

Not applicable

Business Operation

Expansion Potential:

Expansion with new ownership is evident in establishing an online mirror store. There is also the new Edgar tower opening across the street in the very near future with thousands of new residents in the neighborhood. There are many untapped marketing potentials on social media and also the potential for increased networking with other businesses. There is opportunity to increase revenue through extended evening hours and opening Sundays and Holidays.

Competition / Market:

There are no other boutique stores in Edmonton that offer this wide and carefully curated selection of Childrens footwear and fashions. We are the one stop shop for children. With the high level of customer service that is provided, there is really no competition in this niche market.

Reasons for selling:

We are simply of retirement age and would like to pass this opportunity to a new owner to continue to enjoy the success and expand on the vision which we have so carefully built.

Trading hours:

Monday to Saturday- 10:00-5:30
Sunday-Closed

Employees:
5
Years established:
10 years

Other Information

Support & training:

The current owners want to see the new ownership continue to be successful. To such end, we would love to stay on and help with support and training to ease the transition.

Financing available:

We would prefer to sell the business by direct buyout. We also would prefer to sell the shares of the company in the sale.

Contact Information

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