Located in Eastern-Canada, for over 30 years, this well-established footwear company has built a solid reputation as a trusted supplier of shoes sold under its own proprietary brands, as well as a select number of third-party labels. Its products are distributed to more than 300 retailers across Canada and, to a lesser extent, in the United States—many of whom have been loyal clients for decades. The company sources its collections from long-standing manufacturing partners in Europe, South America, and Asia, who produce footwear to its specifications under its house brands. It is supported by an experienced and committed team that ensures smooth day-to-day operations and consistent customer service. The current owner, now ready for retirement, is seeking a buyer to take over and continue the company’s legacy of quality, reliability, and enduring relationships.
Financial Information
$1,295,000
Asking Price
$341,000
Cash Flow
$3,130,000
Gross Revenue
N/A
Down Payment
Yes
Financing
$251,000
Adjusted EBITDA
Business Location
City:
Eastern canada
State:Quebec
Financing Comments
TBD
Reason for Sale
Eventual retirement planning
Detailed information
Year Established:1992
Home Based:No
Franchise:No
Relocatable:Yes
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 5
Part-Time Employees:N/A
Contractors:5
Owner Worked Hours/w:40
Inventory Included: Yes
Inventory Value:
$225,000
Monthly Rent:
$73,800
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
$0
Building Size: 6000
FF&E Included?: Yes
FF&E Value: On request
Training/Support
The seller is committed to remaining involved for as long as necessary to ensure a smooth and effective transition to new ownership.
Facilities
The building includes approximately 1,500 square feet of office space in the front, which includes three offices, a showroom, a reception/office area, and two washrooms. The warehouse area has a surface of approximately 4,500 square feet and features two ground-level garage doors. The facility is in good condition, providing an efficient workspace.
The buyer is free to stay in the current premises or to relocate.
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