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Retail Business For Sale in Hamilton, ON (Listing ID: 3120)

Retail
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Annual Return On Equity Calculator

Annual Earnings:

$140,000

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

%

Award winning baby boutique, online and booming store front

Retail Hamilton, ON

$120,000 CAD

Independent

Retail

Award winning baby boutique, online and booming store front

Aug of 2020 was when we began as an e-commerce store. We created a business model that no one in Canada was doing. We created "drops" aka; creating urgency to purchase our products & in turn we double our sales every year. With over 15 000 Instagram followers, our store has very loyal and a boat load of return customers. We have turned into a consignment shop for other small businesses in Canada and there are approximately 50 in store now that pay our monthly rent plus a profit in rent each month as well as a comission from 90% of the consigners sales. The store front has a lease until September 15 2024 and has an option to renew. Rent is $2760/month after TMI and it's located on James street north which is the trendiest spot in all of Hamilton ON.

$120,000 CAD

Hamilton, ON Retail Business For Sale Details

Independent

Legal Body:

Sole Proprietor

Business Reg #

705201531RT0001

Established In:

2020

Proprietary Assets:

15 000 Instagram, we site that generates hundreds of sessions per day. 2 amazing staff members who basically run the entire business ($16/hr)

Last Year of Completed Statements

2022

Gross Revenue:

$ 203,000

Annual Earnings:

$ 140,000

Land/Building Included:

Yes

Rent/Lease Amount:

$ 2,760

% of Business Selling:

100%

Reason for Sale:

Personal

Financing Available:

No

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

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