Business Location: South Central Ontario Postal Code: L4N Relocatable: No
Business Categories:
Retail Stores & Trade Consumer Goods & Services
BUSINESS FEATURES
Large 10,000 sq ft dollar/discount store for sale by franchisee. Store has been operating since 2003 in a well established outdoor plaza in Newmarket,Ontario -45 minutes north of Toronto. The plaza is anchored by other major retailers and superstores.
(Note: A second Buck or Two Store that has been operating since 2000 in Barrie, Ontario at 11,500 sq ft is also available for sale by the same franchisee at $399,000 plus inventory).
Buck or Two is a 100% Canadian owned and operated chain of specialty retail stores offering quality everyday items with an ever changing mix of seasonal and extreme value products and specialty deals.
FINANCIAL INFORMATION
-Both are Proftable stores that have been established with strong customer loyalty
- Gross Sales: Over $1 Million per year
-Royalties: 6% of Gross Sales
-Franchise Fees: $12,500 every 5 years
-Currently the business has an experienced Sales Manager & 2 Supervisors. New owners can therefore transition themselves easily into the business. The store operates with well established processes & procedures and is supported by an online ordering system & a wealth of suppliers .
MARKET & COMPETITION
The majority of the 100+ stores across Canada are managed and operated by franchisees who often have more than one store and are supported by the Franchisor .
Although many products retail at $1 and $2, there are also higher price points for extreme value inventory
Both Barrie and Newmarket are regions experiencing population and commercial growth. Both stores are in central plazas that are achored by major retailers.
INCLUDED, EXCLUDED & OPTIONAL
- INCLUDED in the Price -
•Security systems & cameras ( capability to monitor stores from home)
•All shelving, gondolas, pegs, counters, displays and signage
•An Optional 2nd store is available for sale by the same owner
•The 2nd store is 11,500 sq ft and has been in operation since 2000
•The 2nd store price is $399,000 plus inventory of $90,000
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The Buyer should contact the Seller directly and verify
the accuracy of all information to his own satisfaction.
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