Listing ID: MS 22012018

Location: Edmonton, AB

Business Advisor: Neil Gerritsen
(Contact Mr. Gerritsen)

Direct: 780-919-1107

Business Type

Shoe Store


Business Overview

This locally owned and operated, modern day shoe boutique offers clients premium selections for one-of-a-kind footwear, handbags, jewellery, accessories and clothing. The owners take great satisfaction in presenting quality brand name products with a wide variety of styles to choose from. This shop is located in an ideal location and offers customers a comfortable and inviting environment to shop in, with helpful and experienced staff members to assist. Shoppers may also take advantage of the store’s on-line shopping network, with free delivery on certain priced orders.

Why This Business

  • Licensing Opportunity
  • Established customer base
  • Turnkey operation
  • Full training and support of the Vendor
  • Experienced staff members willing to stay on with a new owner
  • Great location with plenty of customer parking
  • Lease in place with reasonable rates
  • Price includes $80,000 in leasehold improvements

Are the current owners the founders? Yes      How Long? Original owners at this location.
Is this a Franchise Business? No
Owner Support/Training: Offered by the vendors
Reason for Sale: Family transitioning

Business Premises and Location

Does the Vendor own the premises? No
Is the premises part of this sale? No
What is the cost of the lease? Transferable lease in place until August 2025 at $36.p/sq. ft. plus taxes. Building is 1300 sq. ft.

Documents Available For Review (Subject to Offer)

Business Sales Memorandum, Financial Statements, Inventory & Asset List.

Operational Summary


Annual Revenue: $ 282,170 (2017)

Discretionary Earnings: $ 15,054. (2017)

Assets: $ TBD


  • Year Established – 2015

  • # of Employees – 4 Part Time, 2 Owners

  • Asking Price – $ 179,000.00

  • Seller Financing – Not Available

  • Inventory -$25,000.00 (2017)

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