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Busy Gift Store On Granville Island For Sale

Vancouver, British Columbia
Asking Price:
$365,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Turnover:
$250K - $500K (CAD)
Net Profit:
$100K - $250K (CAD)

11 million visitors a year cannot be wrong! .......that's how many people visit Granville Island with the interest to shop, dine, see shows and chill out.
One of Granville Islands busiest stores is up for sale after almost ten years of busy soap, gifts and home goods item sales.
Organized and operational as a turn-key venture this shop checks all the boxes for continued success and profitability....

location---check!
traffic of buyers---check!
great landlords who make it easy----check!
product sales that move---check!
easy access and beautiful location---check!
simple operations----check!
instructions and vendor support for at least 6 months----check!
built in sales staff----check!
massive sales growth opportunities with website sales----check!

As we are going nowhere, because we also have the store right next door, the new owners will have expert help in operating the business, product manufacturing, staff assistance, vendor roster, formulas, equipment and supplies. It really is that easy!
We are simply downsizing from three businesses to two and this store in very desirable and the hard to get Granville Island location is both busy and has a great reputation from people around the world who come back year after year to arguably the busiest soap store in BC.
This store offers the new owners the opportunity to make as little product or as much as they want.
When first opened we made approximately 90% of the stock but now we only make about 40% of our favourites, our classic items and our must-have-or-we're-in-trouble-with-our-regulars items. The new owners will have options to make or simply sell other soap makers items.
We partner with other local soap makers providing a soaping CO-OP of sorts that has created a unique business model with 95% of our products being Canadian, locally made, focused in great ingredients.
Cash flow is fantastic with this store and would provide a family a wonderful living for another ten years at least!

If interested, please contact the seller through the form on this page.

Property Information

Real Estate:

Lease

Lease Terms:

2.5 years left on lease with 5 year option landlords are incredibly good to deal with

Leasehold Rent:

$51,255 (CAD) per annum

Living Accommodation:

No living accommodation

Location:

Granville Island . Very busy shopping and entertainment disctrict

Premises Details:

Store is in one of Vancouver's oldest buildings with tons of character and the best modern conveniences. Great and helpful landlords and very competitive rental rates.

Size in square feet:
980 sq ft approx
Planning Consent:

The landlords of the building are very easy to get along with are very helpful if renovations are needed which they are not.

Business Operation

Expansion Potential:

We have never done a website....simply because we are too busy so the potential is another 80 to 100 thousand in sales per year. Seasonal Christmas and spring fairs and doing farmers markets also add another 60+ thousand in revenue not listed in the current sales package.... the return is fantastic. truly.

Competition / Market:

Basically there is little or no competition for this particular type of business as it is a business model quite unlike others. The style and business model is perfect for this area.

Reasons for selling:

Heading for retirement

Trading hours:

10-5 in winter 10-6 in summer

Employees:
4
Years established:
9 years

Other Information

Support & training:

New owner will benefit from complete training, vendor and ordering information, product making if desired and all aspects to operate for several weeks plus the added benefit that we also have another store right next door so there is always training support or questions that need answering, tips and help...... its all available.

Furniture / Fixtures value:
$15,000 (CAD) - included in the asking price
Inventory / Stock value:
$30,000 (CAD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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