202-70 Commercial Street

For Sale | Businesses | ± 1,500 SQFT | $60,000
Overview

A highly reputable local lingerie and bra boutique is up for sale! After nearly 17 successful years in Nanaimo the Owner is ready to step away from the industry and allow new ownership to continue on and grow the business. My Undies has built an impressive reputation for excellent selection of sizes and leading brands, as well as knowledgeable and friendly customer service. The business offers over 1900 followers on social media with excellent reviews. The business also offers a database of over 940 past clients which new ownership can connect with for promotional purposes and to book in for private consultations. Customers greatly appreciate the opportunity to book appointments where they can be catered to. If you are social, love fashion and want to earn a great income while helping local ladies out then this business could be for you!

The store is on a high exposure corner location connected to the exterior of the conference center and offers great exposure from hotel, tourist, business and other foot traffic. There are several marketing activities that the new owner can perform activities which can grow the business even further such as increasing store hours, creating a customer loyalty program, and taking part in the summer night market for example. Due to higher margins, this business has even been successful during the last 2 years. The list price includes goodwill, an assignable lease at a good rate, equipment and furnishings. The cost of inventory is extra.

Details
Status

For Sale

Address

202-70 Commercial Street, Nanaimo,
Canada

Size

± 1,500 SQFT

Type

Businesses

Price

$60,000

Location

This beautiful retail store is located right in downtown Nanaimo, at 202 - 70 Commercial St. It is close to the Vancouver Island Library, several other retail stores, and connected to the the Vancouver Island Conference Centre.

Transit
This business is easily accessible by transit with many bus stops located within close walking distance.


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This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.