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Reputable Home Furnishings Retail Business For Sale

Vancouver, British Columbia
Asking Price:
$320,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1M - $5M (CAD)
Cash Flow:
Under $50K (CAD)

Incorporated in 2009, this successful owner-operated retail business has built its name by offering high quality and select household goods & home decor to local consumers and destination shoppers.

The business is driven by in-store and online products and services, as well as B2B channels. The company is also a provider of wallpaper, furniture and lighting solutions to architects, interior designers and specifiers in Canada.

Merchandise are sourced from coveted producers from all over the world. The business is built on strong working relationships with venders and employees who are reliable and passionate, and products that are proven dependable, well-made and accessible to the mid to high-end clientele.

The business has appeared in numerous magazines, newspapers and online platforms. And has a prominent name in the industry.

Property information

Real Estate:

Lease

Lease Terms:

Flagship store: reached the end of our 10 year lease contract. Requires renewal.
2nd store: 4.5 years remaining
Office: 2 years remaining

Lease Rent:
per sq ft per annum
Location:

Two brick and mortar retail locations: One in Downtown Vancouver’s most vibrant areas for locals, visitors and tourists. The other in-between major retail corridors. We also lease an office near to our downtown location where our administration, marketing, purchasing team is stationed.

Premises Details:

Both commercial spaces are street front level and within stratified buildings, each with a secured underground parking included.

Size in square feet:
1500 (flagship), 713 (2nd store)

Business Operation

Expansion Potential:

Great opportunities for expansion through brick & motor and online.

Competition / Market:

The competitive considerations in Vancouver is moderate to high. There are a number of small, medium to large businesses within similar industry throughout Metro Vancouver. And as well online competition. Having said the above, what sets us apart from everyone else is our service, reputation and product dependability.

Reasons for selling:

Move onto new adventures

Trading hours:

Flagship Store: 10am-6pm (Mon-Thu), 10-7pm (Fri-Sat), 11-6 (Sun)*
2nd Store: Tue-Sat 10am - 6pm (Closed: Sunday & Monday)
Office: 10am-6pm (Mon-Fri)
*Summer hours

Employees:
11
Years established:
2009

Other Information

Support & training:

Support & training can be provided during the transition time.

Financing available:

None

Furniture / Fixtures value:
$45,000 (CAD) - included in the asking price
Inventory / Stock value:
$145,000 (CAD) - included in the asking price
Website:
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Relocatable:
This business can be relocated.

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