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

Retail

Established Smoke Shop in Busy City Centre (under agreement)

Retail Nova Scotia, NS

$134,900 CAD

Independent

Established Smoke Shop in Busy City Centre (under agreement)

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.

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

Financial (CAD)

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

Seller's Discretionary Earnings are the pretax and pre-interest profits before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. In addition, SDE may require that expenses be adjusted if a new owner will necessarily need to take on a new expense.

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.

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Annual Return On Investment Calculator

Annual Earnings:

$74,135

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

 

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