Business for sale

11140 Confidential, Downtown VW, Vancouver

$125,000 or
Business for sale in Downtown VW, Vancouver, Vancouver West, 11140 Confidential, 224964743 | Realtylink.org
$125,000 or

Business for sale

11140 Confidential, Downtown VW, Vancouver

Features

Lifestyle
224964743 125000 /en/business~for-sale~downtown-vw-vancouver/224964743?view=Summary /en/business~for-sale~downtown-vw-vancouver/224964743/photos 49.2827300000 -123.1207400000 true
Floor Area
1,884 sqft
Building Type
Office Building
Zoning
COMM - BUSINESS
Major Business Type
Manufacturing
Minor Business Type
MF - Wholesale
Business Operating Since
1974
Confidentiality Agreement Required
Yes
100

Description

A turn-key, absent owner run business located downtown Vancouver. Established in 1974 and operating with the current owners for 10 years. The business wholesales (B2B) findings, settings, tools, equipment, boxes, displays, supplies and stones for Jewelry Manufacturers, Retailers, Wholesalers in Canada. There are four (4) employees (2 PT & FT). One employee manages the staff. Owners only work on-site if an employee is sick or on vacation. Owners work very few hours per week from their home office and are responsible for placing orders, accounting and payroll. Assets are valued at approx. $20k. Inventory is valued at approx. $160k (at cost). Approx. 15-20 suppliers in USA, Canada and Overseas. Lease is $7,200 per month for 1,844 sq. ft. The lease has another 4 years left. Business is currently breaking even due to little to no involvement from the Sellers. This is a great opportunity for an Owner/Operator or for an existing business to add products to their existing line.
MLS® Number C8059674

Listing REALTOR®

Valeria Lockwood, REALTOR<sup>®</sup>

Valeria Lockwood

REALTOR®

Royal LePage Sussex

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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