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Retail Business For Sale in Nova Scotia, NS (Listing ID: 2212)

Retail

Established Smoke Shop in Busy City Centre

Retail Nova Scotia, NS

$134,900 CAD

Independent

One of Canada's leading Smoke Shop retailer and established in its current location for over 6 years, specializing in paraphernalia used for consumption of cannabis.
Prime location in high volume traffic downtown district with very little competition in the city.
Great online reviews, loyal customer base.
Amazing potential for higher revenues.
The present owner does not work at the store. With a hands-on owner and additional marketing and increased social media presence, a Buyer can have the opportunity to quickly grow and expand the business.
Easy operations. Presently 2 Full Time staff.
Approximately $80,000 in inventory at any given time.
Released from all franchise responsibilities.

Lease Agreement 10 years - 4.5 years remaining.
1,600 square feet at approximately $2,500 per month all included
Storefront, great pedestrian traffic.

2019 Revenues - $388,359
2019 SDE - $100,174
2020 Revenues - $360,372
2020 SDE - $74,135
Past 3 year average Revenues - approx. $370,000.

Minimum Equity Required
$55,000

Price
$134,900 Inventory

Nova Scotia, NS Retail Business For Sale Details

Legal Body

Incorporated

Established In

2014

Last Year of Completed Statements

2020

Gross Revenue

$360,372

Annual Earnings

$74,135

Land/Building Included

No

Rent/Lease Amount

$2,500

% of Business Selling

100%

Reason for Sale

Personal

Financing Available

Yes

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

Buy And Sell A Business assumes no responsibility for the accuracy of any information shown.

More From Seller (14)
Annual Return On Investment Calculator

Annual Earnings:

$74,135

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

 

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