Used Clothing Business w/ Real Estate
Back
Retail Business For Sale in Nova Scotia, NS (Listing ID: 2336)
Used Clothing Business w/ Real Estate
If stable and reliable income is what you're after, then this longstanding used clothing business is set up to deliver just that for you with its proven model, established suppliers, and experienced key staff. On top of this established business and attractive return on investment, a laid back rural lifestyle rounds out the offering. If you're an analytic with numbers, connect with us today to discover the ROI on your investment, you'll be excited to see the returns from both the real estate and the business.
Financials: 4 year average Revenue: $283,000 2020 SDE: $63,000 * SDE - 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.
Minimum Equity Required: $145,000
Real Estate: 1.13 acres with 2 buildings, well and septic included in purchase. Main building is 1,800 square feet, constructed in 1989, had a new roof installed 13 years ago, and is equipped with a heat pump. Outbuilding of 1,450 square feet was constructed in 1997, upgraded in 2012. Large trailer for inventory storage also included. Property taxes $3,400 annually.
Price: $420,000
Nova Scotia, NS Retail Business For Sale Details
Legal Body
Incorporated
Established In
1989
Last Year of Completed Statements
2020
Gross Revenue
$283,000
Annual Earnings
$63,000
Land/Building Included
Yes
% 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.
Annual Earnings:
$63,000
Liquid Cash Invested:
$
Borrowed Amount:
$
Interest on Borrowed Amount:
%