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Retail Business For Sale in New Glasgow, NS (Listing ID: 2213)

Retail

Leslie's Finery-High Margin Specialty Service and Retailer

Retail New Glasgow, NS

$249,000 CAD

Independent

Leslie's Finery-High Margin Specialty Service and Retailer

Retail New Glasgow, NS

$249,000 CAD

Independent

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 Return On Investment Calculator

Annual Earnings:

$116,389

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

 

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