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$125,000
Est. payment /mo
1,884 SqFt
Active
11140 CONFIDENTIAL Vancouver, BC V0V 0V0
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UPDATED:
11/08/2024 08:34 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,884 sqft
Price per Sqft $66
Subdivision Downtown Vw
MLS Listing ID C8059674
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.
Location
Province BC
Community Downtown Vw
Area Vancouver West
Zoning British Columbia Default Zone
Region Greater Vancouver
City Region Greater Vancouver
Building
Dwelling Type Business
Listed by Royal LePage Sussex
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