About the Business: • Established reputation: Our brand is well-known for its trendsetting styles and quality urban apparel. check out our website www.ersado.ca • Diverse inventory: We offer a wide range of clothing items, from streetwear to casual wear, catering to diverse tastes and preferences. • Established Ecommerce network: Our business has established strong online presence. • Location: Strategically located in a bustling urban area, our store attracts a steady flow of foot traffic and loyal customers at Yorkgate Mall, North York, ON. A TTC station is going to be operational nearby soon, increasing the footprints in near future. Key Highlights: • Lucrative revenue streams: Benefit from multiple revenue streams, including retail sales, Ecommerce distribution, and online sales. • Strong online presence: Our e-commerce platform provides a convenient shopping experience for customers worldwide, contributing to significant online sales. • Growth potential: Tap into the growing demand for urban fashion by expanding the product line, exploring new markets, and enhancing marketing efforts. Business Details: • Asking Price: $120,000 • Type of Sale: Asset Sale • Reason for selling: Early Retirement due to health reasons • Years Established: 2013 Details of Assets: Inventory: $70,000, Goodwill: $40,000, Website & Furniture: $10,000 • Yearly Revenue: $120k-$200k • Expansion Options: Expand Retail Items, Relocate to Central • Turnkey operation: The business is fully operational with established suppliers, and an efficient website in place. • Scalable model: With the right vision and investment, there's immense potential to scale the business further. • Transferable lease: The store premises are secured under a favorable lease agreement, providing stability and continuity for the new owner. Why Invest? • Thriving industry: Urban fashion continues to be a lucrative market, driven by evolving trends and consumer preferences. • Established brand: Benefit from the goodwill and recognition associated with our established brand, offering a competitive edge in the market. • Entrepreneurial opportunity: For aspiring entrepreneurs or seasoned business owners looking to diversify their portfolio, this acquisition offers a promising venture with room for growth and innovation. Act Now! Don't miss out on this rare opportunity to own a thriving urban clothing retail and Ecommerce business. Serious inquiries are invited for further discussion and negotiations. Contact us today to take the first step towards becoming the proud owner of this exciting venture! Business Consultant & Point of Contact Najia Habib, CPA
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