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

Retail

Leading Canadian Head Shop Earning 60% ROI

Retail Nova Scotia, NS

$134,900 CAD

Independent

One of Canada's leading Head Shop retailer and established in its current location for over 6 years.
Prime location in high volume traffic downtown district with very little competition in the city.

A head shop is a retail outlet specializing in paraphernalia used for consumption of cannabis and tobacco.

The business is released from all Franchise commitments and royalty payments

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.

2 Full Time staff

Approximately $80,000 in inventory at any given time.

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

Average annual return on investment will be approximately 60%, based on your capital of $67k invested (business and inventory, with the balance financed) and considers the 2019 SDE, after mortgage payments and after paying yourself a $40K salary.

The Revenues have been steadily increasing

Nova Scotia, NS Retail Business For Sale Details

Legal Body

Incorporated

Established In

2014

Last Year of Completed Statements

2020

Gross Revenue

$388,000

Annual Earnings

$100,000

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 (9)
Annual Return On Investment Calculator

Annual Earnings:

$100,000

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

 

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