See Remarks, BC V1V 1V1,Address not disclosed

$340,000

Est. payment /mo

$349,999

2.9%
Est.Price: ?

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Address not disclosed See Remarks, BC V1V 1V1

SOLD DATE : 08/09/2021

Key Details

Sold Price $340,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 872231

Sold Date 08/09/21

Rental Info Unrestricted

Annual Tax Amount $1

Tax Year 2020

Property Description

A rare opportunity to acquire a well-known women's retailer that is highly profitable and operated remotely. This local boutique has been in operation for well over a decade and has seen continued growth over the last 5 years. Great systems and inventory management in place reduce staffing and allow the owner to operate the business from out of town, while still earning great net profits for the owner. An owner-operator who chooses to work in shop hours and replace management can earn significantly more. The company has created an easy-to-use online store and its bricks-and-mortar location has an unbeatable location. The company has secured many brand exclusives making it a destination boutique on Vancouver Island.
Despite the pandemics' best efforts the business has continued to be profitable and recorded its highest ever January on record in 2021. NDA required for detailed information.

Location

State BC

County Capital Regional District

Area Sr See Remarks

Exterior

Parking On Site 1

Others

Ownership Freehold

Read Less

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Listed by Pemberton Holmes - Cloverdale
Bought with Island Realm Real Estate

Kirk Walper

Broker Associate | License ID: 160035

+1(250) 228-4275

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