High Volume High Profit Retail Business – Central AB
Do not miss out on this high-volume retail business with promising sales up trending! Located in a growing Central Alberta city. Sales for the calendar year of 2020 came in at an already impressive $2.1 million. Calendar year to date for 2021, this retail business is showing a 65% sales uptrend over 2020. Last 12 months of sales are over 2 million! This was achieved through years of hard work and refining the business operation. The owner started this business in 2014 and has grown it in to the impressive operation that we see today. Your investment is secured as the barriers to entry are high; it is unlikely that another operator can enter the marketplace to compete. This is because the cost to secure inventory is high. In addition, manufacturing and access to inventory is limited. Though the owner of this operation has secured his access to stock. The lease rates are extremely low at approximately $8 per square foot for base rent with low common area costs/rent as well. The lease is secured through an option to renew. Total lease life takes you to 2030. A buyer is expected to require approximately $263,908 liquid capital and a strong net worth to secure funding on this acquisition. Please inquire with Team Hansen to review the full information package which includes all information you will require to make an informed buying decision on this outstanding business! Do not hesitate as this opportunity is not expected to last long on the open market.