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A Rugs Business With A Stellar Reputation For Sale

Abbotsford, British Columbia, Canada
Asking Price:
$25,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$100K - $250K (CAD)
Cash Flow:
Under $50K (CAD)

A Rug store with an impressive pedigree and a lengthy history. The owners of this rug business have been in the business for decades. The Rug Shop is situated in a highly visible area, with a retail space and administrative offices in the front and storage and delivery areas in the back. The selling of either shares or assets is possible. Selling shares is encouraged for immigration reasons. Owners can get by without hiring help, and there's room to grow in this industry. There is plenty of storage space in the warehouse for new products. The selling price does not include the cost of inventory.

Property Information

Real Estate:


Lease Terms:

Lease is till April 2025 and then there is an option to extend for 5 years

Leasehold Rent:

$14 (CAD) per annum


In the heart of the warehouse and distribution centre, with excellent exposure to the major highway, HWY 1.

Premises Details:

Industrial warehouse, with front is showspace with storage at back

Business Operation

Expansion Potential:

The existing seller has not tapped into the online platform.

Competition / Market:


Reasons for selling:


Trading hours:

Mon-Sat, Mon-Fri business working hours

Years established:

Other Information

Support & training:

4 weeks with 20hrs each week.

Inventory / Stock value:
$55,000 (CAD)
This business can be relocated.