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Main Photo: 11140 CONFIDENTIAL in Vancouver: Downtown VW Business for sale (Vancouver West)  : MLS®# C8059674
Photo 1: 11140 CONFIDENTIAL in Vancouver: Downtown VW Business for sale (Vancouver West)  : MLS®# C8059674
Photo 2: 11140 CONFIDENTIAL in Vancouver: Downtown VW Business for sale (Vancouver West)  : MLS®# C8059674
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. Lease is $7,200 per month for 1,844 sq. ft. The lease has another 4 years left. 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
Name of Complex/Subdivision:
# Other Units:
Total Floor Area:
1,884 sq. ft.
Minimum Divisible Area:
1,844 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
COMM - BUSINESS
Roof:
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 11140 CONFIDENTIAL in Vancouver: Downtown VW Business for sale (Vancouver West)  : MLS®# C8059674
    Photo 1 of 2
  • Photo 2: 11140 CONFIDENTIAL in Vancouver: Downtown VW Business for sale (Vancouver West)  : MLS®# C8059674
    Photo 2 of 2
Listed by Royal LePage Sussex
Data was last updated January 5, 2025 at 08:10 AM (UTC)
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