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Established Award Winning Flooring Business In British Columbia For Sale

Kelowna, British Columbia, Canada
Asking Price:
$699,000 (CAD)
Sales Revenue:
$2,650,000 (CAD)
Cash Flow:
$244,000 (CAD)

• Over thirty (30) years in business with a long-standing reputation.
• Large showroom (9,779 sq.ft.) displays various flooring products.
• Highly skilled, knowledgeable, and professional staff provides personal service.

• Since its inception in 1994, the retail location has catered to just about every home and many Commercial small and large properties in the area and has been thriving through times.

• The client base is huge, with many repeat customers.

• Located near a busy highway with easy access and great visibility.

• This business provides a wide range of flooring products, quality installations, and specialized maintenance services to commercial and residential customers.

• The business is able to handle any size project, specializing in the installation and servicing of tile, laminate, wood, carpet and other floor products.

• Clients include major builders and residential/commercial property projects, insurance Clients, and new bid opportunities inbound due to reliable service and quality of work.

• The team includes an operations manager, three sales personnel, and a bookkeeper.

• Being a part of a large buying group allows scalability when it comes to advertising, merchandising, and unprecedented buying power.

Facilities:
This location has a retail store of 9,779 square feet with a total monthly rent of $12,000 plus GST.

Growth/Expansion:

The insurance business could grow.
New construction, commercial contracts and residential retail can be grown.

Property Information

Real Estate:

Lease

Location:

Okanagan

Size in square feet:
9,779

Business Operation

Reasons for selling:

Retirement

Employees:
5
Years established:
1993

Other Information

Furniture / Fixtures value:
$143,000 (CAD)