Listing ID: MSI-10032016

Confidential – Athabasca, Alberta

Business Advisor: Neil Gerritsen
(Contact Mr. Gerritsen)

Direct: 780-919-1107

Business Type

Retail

About This Business

This exciting and diversified company began as a home based Stamping and Scrapbooking business in 1996, expanding to include screen-­‐printing and embroidery in 2000, and growing into the dynamic business that it is today.
This business carries hundreds of products used for scrapbooking and card making, with monthly classes available. A user friendly website allows customers the option to browse for specialized items.
This  business  extends  into  the  embroidery  services  and  promotional  products  industry.  Utilizing  the  most  modern  technology and creative techniques, they can apply a company or team logo onto virtually any garment, sports bag, jacket, hat  or  fabric  desired.    They  have  over  45,000  stock  designs  at  their  disposal,  offered  at  very  competitive  pricing.  Additional services include Screen Printing, Heat Transfers and Graphic Design services. Inspiring staff is on hand for customer  assistance.  They  stock  a  variety  of  promotional  items  including  mugs,  hats,  pens,  T-­‐shirts,  hoodies,  etc.  With  such a great selection it is easy to outfit an entire team!
To round out their services, this business has incorporated a consignment sales section featuring local artisans displaying knitted and wool products, furniture made from reclaimed barn wood, one of a kind cards, original paintings and other designer crafts.
In order to fill customer’s requests they have added a picture-­‐framing sideline to their repertoire. This business has the added benefit of being the only picture framer in the area.
To fully utilize the space afforded this business, and fill a niche in the community, the company has incorporated a Dry Cleaning drop off and pick-­‐up station into their business.

Why This Business?

  • Well diversified, incorporating a variety of crafts and services
  • Great location and facility, with limited competition
  • Knowledgeable staff willing to stay on with the new owner
  • Reputation for quality workmanship and creative design
  • Turn key operation
  • Well established in the community, with many repeat customers
  • Profitable and well managed, room for growth
  • Up to date technology and equipment

Are the current owners the founders? Yes      How long? 21 Years
Is this a Franchise Business? No
Owner Support/Training: Negotiable
Reason for Sale: Retirement

Business Premises and Location

Does the Vendor own the premises? Yes
Is the premises part of this sale? No, however it is available under separate cover
What is the cost of the lease? Available Upon Request

This main street business is located in a 6,088 sq. ft. unit, a beautifully designed and well laid out retail facility. The building is just 4 years old with many upgrades. The site boasts a huge retail area with a mezzanine, supporting office space, staff room, and small teaching area.
This shop space may be leased or purchased as a single unit.
Alternatively, this strip mall (3 units) is available for sale under separate cover. Details available upon inquiry.

Documents Available For Review

Business Sales Memorandum, Financial Statements, Lease Agreement 

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Operational Summary

Snapshot

Annual Revenue: $ 232,229 – 3 yr. avg.

Discretionary Earnings: Not Disclosed

Assets: Not Disclosed

Information

  • Year Established – 1996

  • # Of Employees – Owner operated and 2 Part Time Employees

  • Asking Price – $  309,000.00 

  • Inventory – $106,058 (2016)

  • Selling Financing – N/A

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