Area: British Columbia
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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:44056)

Property Details

Full Address:
11140 CONFIDENTIAL, Vancouver, British Columbia
Price:
$ 125,000
MLS Number:
C8059674
List Date:
May 1st, 2024

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Finished Area:
1884 sq.ft.

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Valeria Lockwood Magee & Associates Royal LePage Sussex
 604-723-0857
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Listing Agent(s)

Listing: Valeria Lockwood
Royal LePage Sussex

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