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11140 CONFIDENTIAL
Downtown VW Vancouver V0V 0V0

$160,000
Business

Status:
Active
Prop. Type:
Business
MLS® Num:
C8059674
Bus Major:
Manufacturing
Bus Minor:
MF - Wholesale
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. 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.
Sale Type:
Asset
Sublease:
No
Major Bus Type:
Manufacturing
Minor Bus Type:
MF - Wholesale
Bus Op Since:
1974
Minimum Divisible Area:
1,844 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
COMM - BUSINESS
Listed by Royal LePage Sussex
Data was last updated June 20, 2024 at 04:05 PM (UTC)
Mark Cumming
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