Running and Profitable Convenience & Cosmetics stores, 25yo for Sale

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Running and Profitable Convenience & Cosmetics stores, 25yo for Sale

Asking Price: $292,000
Revenue: $480,000
Cash Flow: $25,000
EBITDA: $100,000
Reference # : 1
Business Category: Retail
Location: 9549 Boul Gouin O, Pierrefonds, QC Guoin
Montreal - Quebec
H8Y 1R2
Contact Number: (438) 528-9330
Views: 594
Description

A convenience store and a Cosmetics store in Pierrefonds - Montreal, at a price of $292,000, established since 1997, the two stores are actively working, large area with a warehouse and a parking, looking over a main road (intersection). High revenue (more than $40,000 per month), with the possibility to add other lines of business or rent out part of it (especially the warehous). The reason for selling is their owner desire to retire.

a comprehensive study about the investment opportunity, along with a video and photos are available for those who are serious and interested in this attractive opportunity, contact us to get it.

Market and competitive advantages: 

Prime location, very strategic with pleny of parking lots. 

very good relationship with the neigborhood, after 25 years of serving them. 

Additional Business Details
Real estate value/price: 
-
Real Estate Included in Price: 
N/A
Inventory value: 
$250,000
Inventory Included in Price: 
Yes
Value of business equipment: 
$110,000
Included In price: 
Yes
Length of lease: 
5years
Assets, Training & Support
List major assets: 

big cooling room in the basement, another cooling room in the main floor, regrigirators and fridges, coffee machine, screens, security system, forklift.... and most importantly, the merchandise (the goods) in the stores, which value more than 250k. 

Support & Training?: 
Yes
the owner is ready to sit with the new owner for 1 month to transfer all the knowledge, relationships, and knowhow he has. so to have a smooth management of the stores.
Reason for Sale

The reason for selling the two stores is their owner desire to retire. (he is +70 years old).

Business Details
Relocatable: 
N/A
a Franchise: 
N/A
Asset sale: 
Yes
Lifestyle Business: 
N/A
Homebased: 
N/A
Absentee run: 
N/A
Seller financing available: 
N/A
Other Details
Year established: 
1 997
Length of ownership: 
25years
Employees Full Time: 
2
Employees Part Time: 
0

Contact this Seller