Leslie's Finery-High Margin Specialty Service and Retailer
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Retail Business For Sale in New Glasgow, NS (Listing ID: 2213)
Leslie's Finery-High Margin Specialty Service and Retailer
Leslie's Finery, located in New Glasgow, NS.
High Margin business with speciality services provided to ensure unparalleled satisfaction of its customers. The internet can not replace the human touch. This Boutique specializes in brassieres, as well as mastectomy fittings. The business also carries seasonal wear, elegant wear and bathing wear, adding to the primary source of revenue, the brassieres.
The owner will be happy to train and assist for a smooth transition to ensure the Buyer is fully capable of continuing to meet the demands of the clientele. Presently 3 Full Time and 2 Part Time staff.
Financial (Canadian Currency)
2018 Revenues: $612,679
SDE: $88,614
2019 Revenues: $613,430
SDE: $116,389
2020 Revenues $451,340
SDE: $60,868
* Seller's discretionary earnings are the pretax and pre-interest profits before non-cash expenses, one owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner will necessarily need to take on a new expense.
Minimum Equity Required
$240,000
Real Estate
Leased space with past extensive improvements. $2,000/month all utilities included.
Price
$249,000 Inventory
New Glasgow, NS Retail Business For Sale Details
Company Name
Leslie's Finery
Legal Body
Incorporated
Established In
2000
Last Year of Completed Statements
2020
Gross Revenue
$613,430
Annual Earnings
$116,389
Land/Building Included
No
Rent/Lease Amount
$2,000
% 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 Earnings:
$116,389
Liquid Cash Invested:
$
Borrowed Amount:
$
Interest on Borrowed Amount:
%