11140 Confidential Vancouver, British Columbia V0V 0V0
$125,000
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:58554)
Business
BusinessType | Manufacturing |
BusinessSubType | Manufacturing/wholesale |
Property Details
MLS® Number | C8059674 |
Property Type | Business |
Building
SizeInterior | 1884 Sqft |
Land
Acreage | No |
ZoningDescription | Comm - Business |
https://www.realtor.ca/real-estate/26832391/11140-confidential-vancouver
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Valeria Lockwood
Magee & Associates
2397 Marine Drive
West Vancouver, British Columbia V7V 1K9