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$ 125,000
Est. payment | /mo
1,884 SqFt
$ 125,000
Est. payment | /mo
1,884 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,884 sqft
Price per Sqft $66
MLS® Listing ID C8059674
Originating Board Greater Vancouver REALTORS®
Property 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. (id:24570)
Location
Province BC
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by Royal LePage Sussex
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