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Equestrian Products Wholesaler And Retailer For Sale

Vancouver, British Columbia
Asking Price:
$999,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$1,530,000 (CAD)
Cash Flow:
$423,000 (CAD)

This is a wholesaler and retailer of equestrian related products to the farrier industry and individual horse owners. It has been a family owned and operated business for over 25 years and has become one of western Canada's best source of reliable quality products. Retail customers are responsible for 60% of sales and wholesalers for 40%. Approximately 90% of business comes from BC and 10% from Alberta.

The main product lines are: (1) horseshoes (2) horseshoe nails (3) feed supplements (4) hoof care products and (5) tools (such as anvils). (75% of sales are horseshoes). In short, the company supplies anything a farrier would need to do his job. The company has a solid account base of repeat customers and excellent relations with its suppliers some of whom they have worked with for over 25 years.

(A farrier is a specialist in equine hoof care, including the trimming and balancing of horses' hooves and the placing of shoes on their hooves).

Property Information

Real Estate:

Lease

Lease Terms:

Seller of the business owns the property and would be flexible on the lease terms a Buyer wants.

Leasehold Rent:

$48,000 (CAD) per annum

Location:

Vancouver area - good location for the business as many customers live nearby and it also provides easy access to Highway 1. The business does not, however, have to be based where it is and could be moved.

Premises Details:

Facility is 2,800 sq, ft. which contains the retail store, the office and warehouse (2/3). This is made up of two strata units (1,402 sq. ft. each). The Seller owns the property and would offer the buyer of the business a lease or would sell the property to them. The property would be rented out at an all-inclusive rent of $4,000 per month.

Size in square feet:
2,800

Business Operation

Expansion Potential:

Growth opportunities include: adding new complimentary product lines; developing an online ordering element to the business would add retail possibilities and do some outside sales and new business development.

Reasons for selling:

Retirement

Trading hours:

Business is open 9:00 am – 5:00 pm Monday to Friday.

Employees:
2 FT 3 PT
Years established:
1972

Other Information

Support & training:

Will be provided

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Would help finance the inventory

Furniture / Fixtures value:
$60,000 (CAD) - included in the asking price
Inventory / Stock value:
$600,000 (CAD)
Relocatable:
This business can be relocated.

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