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Sears CanadaDealer Store in Wetaskiwin, Alberta

Location: Wetaskiwin, Alberta  flag
Industry: Retailing Businesses, General Merchandise Stores

Very Rare Opportunity!
Asking Price
185,000
Annual Revenue
244,000
Annual Profit
80,000
FF & E
35,000
Inventory
Not Disclosed
Year Founded
1998
Number of Employees
1-10
Reason For Selling
Retirement
This business is not relocatable.
This business is not home based.

Description of Business

This is a rare opportunity to acquire a well established and very profitable Sears Canada Dealer Store! This 7,400 square foot location was established 10 years ago and just came on the market in March of 2008. With inventory in excess of $500,000 in merchandise (on consignment from Sears), 2007 sales were $2.8 Million. $1.6 Million was from showroom sales and $1.2 Million was from catalogue sales. The store is located in the historic downtown shopping area. This is a “Big Ticket” sales outlet specializing in major appliances, mattresses & bedding, home electronics, exercise equipment, patio furniture, lawn mowers and lawn tractors. This store operates Monday through Saturday from 9:30AM to 6:PM . . . No late nights or Sundays. The store generates their impressive revenues with the efforts of just the current owner, one other full time employee and two part-time employees. A successful purchaser of this business could extend the hours and/or open on Sundays should they desire to do so. The idea purchaser would be a husband/wife team or family that would be interested in continuing to grow the revenues of this very successful operation. The market area for this Sears store is the City of Wetaskiwin and its trading area population of approximately 30,000. The City of Wetaskiwin is located 72 km south of Edmonton and 100 km north of Red Deer. Information on this vibrant community can be found on their Web Site at: www.wetaskiwin.ca Contact us today for full details on this outstanding opportunity!

Property Information:

7,400+ square foot store.

Competition and Growth Potential:

Outstanding potential for continued growth!

Support and Training:

Seller will provide full operational training. Sears Canada will provide ongoing support.

Seller Details:

Orville Wright
888.6892378

Global Business Brokers International

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