Some of you may have heard that European Importers will be closing down their business, as the warehouse and surrounding land has been allocated to another building project. I just found out that this will be the new St. Hospital Building: https://vancouver.ca/home-property-development/new-st-pauls.aspx at 1002 Station St.
I went by their today to talk to the owners and asked them outright: Would you be opening to selling your business (inventory/name) to someone else? I was very surprised to hear a “YES.” What would the cost be? At this moment, they told me around $300,000.
The new store owners would not be able to sell their products out of that building, but there are a lot of retail stores available. Or several new owners could partner up and expand their inventory to include selling these German products that so many people would miss if they were gone.
So, there you have it! Are you interested in opening a new business? Expanding a new business? Taking advantage of CETA – the Comprehensive Economic and Trade Agreement between the EU & Canada, where approximately 98% of all tariffs between Canada and the EU will be eliminated once CETA is provisionally implemented as early as July 1, 2017, with another 1% to be phased out over a period of up to seven years?
If no one does anything, the store will close sometime in January 2018 or when they run out of inventory – hurry and visit them soon. For those who have never been there before, here are the contact details:
The European Specialty’s Importers Ltd. Warehouse is located in the heart of downtown Vancouver, BC.