SOLD! – Retail Hobby Shop – $200k

soldRetail hobby store located in North Vancouver. Stockists of well known brands of radio controlled cars, trucks, helicopters and planes. In addition model railroading, scalextric, die cast cars, bikes and planes, accessories, paints, glues and a full range of spares. The owner operates the store full time, with assistance by a casual on Saturdays. There is very little advertising as it is word of mouth amongst hobby enthusiasts who promote the store, which has been in existing for 21 years. The present owner is looking to retire and does not have the desire or energy to take the business into the on-line world where additional opportunities exist.

Price: $200,000(Excludes Inventory of $120,000)

EBITDA $78,000

Revenue: $675,000

Location: North Vancouver, BC

Lease: Expires in 2017

Reason for selling: Retirement


Posted in All Posts, Articles, BC, North Vancouver, Retail, Sold

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