Profitable retail business & historic building (5,700sq.ft) for sale

  • Sales Prospectus pg2 inside pic
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  • Sales Prospectus pg2 inside pic
  • PXL_20240426_043010245
  • PXL_20240426_042541138
  • PXL_20240426_042650915
  • PXL_20240426_042716792
  • PXL_20240426_042934476
  • PXL_20240426_043120776
  • PXL_20240426_043033613
  • PXL_20240426_043057633
  • PXL_20240426_043237570
Details Request for Listing

Ref # : 6740

For Sale By Owner $ 1,080,000

Description

FOR SALE:

Profitable Office, Art, and School Supply Retail ‘brick & mortar’ store, full digital Print Shop, and historic (un-listed) building, consisting of 3 stories approximately 5700 ft² / 530 m² on a 0.126 acre / 500 m² lot.

 

The office supply/stationery store has been in continuous business for over 50 years. Incorporated in 1979, the current owner took over in 2005. Since that date, the store has increase the range of its retail products and services, expanded the print shop capabilities & products, and significantly increased the gross revenue.

The building that houses the store is situated on the main shopping street in Golden, BC, Canada. A high foot-traffic area for residents and visitors. The store provided services and supplies integral to the residents of Golden. The business supports many local organizations with a focus on youth, active participation, the vulnerable & under-privileged.

 The business is ripe for expansion with the development of on-line sales (current pricing structure is competitive with e-stores), enhancement of account management/sales, and a more cohesive marketing policy.

The ground floor level of the building provides the space for the retail store, print shop, warehousing, and receiving. The upper 2 floors are ready for development into residential apartments (approximately 4), or a combination of expansion of the retail space and residential apartments which would dramatically increase the revenue stream.

The staff are long-term employees (>10 years), highly capable, & knowledgeable. If required, the owner is willing to continue to be present for training & support for a to-be-agreed period in the transition of business to new owner(s) to ensure a seamless succession.

The business is situated in the heart of the British Columbia mountains, in the town of Golden which lies at the junction of the Trans Canada Highway (Hwy 1) and the Kootenay-Columbia (Columbia Valley) highway (Hwy 95) there is easy transportation access to all nearby major centres, international airports (YYC 2hr 50min drive - 281km), and the USA (3hr 20min drive- 329km). Supplier shipping can have a one day turnaround from order to delivery (from Vancouver, Calgary, & Edmonton), depending upon supplier. Supplies from Eastern Canada or the USA can take 5-7 working days.

Golden is not only a mecca for adrenaline sports but also a place of great beauty in the midst of 5 of Canada’s most iconic mountain National Parks (Banff, Jasper, Yoho, Kootenay, & Glacier) at the top of the stunning Columbia Valley. There is virtually endless opportunity for enjoying outdoor activities. The Columbia Valley is a major migration path for birds and animals. There are more hiking trails and routes than you could walk, or run, in a lifetime; Golden itself has over 200km of mostly single-track trails. Golden boasts a large network of premier mountain bike trails (cross-country & downhill), and is host town of the Mount 7 Psychosis. If that’s not enough, there are also wonderful trails in Revelstoke, Invermere, Radium, Dry Gulch (Juniper Heights), Fairmont, Cranbrook, & Fernie. Golden is home to one of the best downhill skiing resorts in North America (Kicking Horse Mountain Resort). It is near Rogers Pass for some of the world’s best backcountry skiing. There are numerous backcountry lodges in all directions. It is near the Bugaboos for world-class climbing of granite spires. There’s an endless list of mountaineering, climbing, and ski-mountaineering objectives in the surrounding mountains. Golden has a spectacularly scenic 18 hole, par 72 championship golf course. The Columbia Valley has over 18 championship golf courses, all of them incredibly scenic. There is a lovely river-side trail that circumnavigates Golden offering lovely and scenic evening strolls. The town of Golden is situated at the confluence of the Kicking Horse and the Columbia rivers providing ample  opportunity for everything from the intermediate to intense white water of the Kicking Horse to majestic canoe floats on the Columbia. If you enjoy lakes, Windermere Lake (4000 acres /16 km² with 36km of shoreline) is 1hr drive. Another 30 min will take you to the quieter, more pristine Columbai Lake (6350 acres /25.7 km²).

PRODUCTS & SERVICES

  • Office Supplies, office furniture, & some electronics
  • Printer inks, toners & drums
  • Art supplies (oil, acrylic, watercolour, inks, markers, colour & graphite pencils, block printing, papers, pads, blocks, and more)
  • Back-to-School supplies & packs (for each grade & school in the area)
  • Custom rubber stamps (in-house and out-sourced)
  • Full digital print shop
      • Photocopy services up to 13x19"
      • Scanning (to email, to file including photos & slides)
      • Photo printing
      • Full production digital printing & post-production service from business cards, promotion cards, art cards (we print 10s of thousands for local artists), posters, 2pt/3pt custom invoice/sales/etc. books, numbered event & raffle tickets, to bound manuals, full-colour full-bleed promotion booklets, and waterproof/weather-resistant custom booklets for ski-patrol, etc.
      • Post-Production services include cutting, trimming, creasing, perforating, hole-punching, stapling, cornering, laminating (up to 25" wide), coil & twin-wire binding, square-bound stapled booklet creation, and other stuff.

FINANCIAL HIGHLIGHTS

  • Gross Revenue in the region of $500k
  • Gross Margin in the region of 55%
  • Net Working Capital in the region of $120k
  • Operating Cash Flow in the region of $30k pa median over the past 5 years

SALE DETAILS

  • Business sale included fixtures, fittings, and all equipment owned by the company
  • The digital production printer is leased from Xerox, incl. service & supply agreement
  • Value of inventory, to be assessed at the time of sale, is not included in the price.
  • The building is approximate 5,700 sq.ft / 530 m² on a 0.126 acre /500 m² lot on the main retail street
  • Employee parking - 4 spaces

REASON FOR SALE

  • Owner considering retirment to spend more time playing in the mountains and on the rivers & lakes

BUSINESS OPERATION

  • Employees 3 (3+) - incl. owner
  • Years established >50
  • Business hours currently Mon-Fri 9am-5pm (with 3+ staff 9am-6pm, & Sat 10am-4pm)
  • Owner works 3 days/wk.

 

Additional Details

  • Business Information
  • Contact Phone : 2503446414
  • For Sale By : Owner
  • Hours of Operation :

    Mon-Fri 9am-5pm

  • Contact Details
  • Contact Name : Stephen Dykes
  • Contact Email : djspaperplace@gmail.com

Features

Location

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