Well established with builders, renovators and custom home clientele. Exclusive distribution patented product standard in residential and commercial buildings. Clientele list since 2000. Existing lease renewal July 31 to extend or terminate. Owner retiring or will partner with experienced construction person or business owner. Opportunity to expand sales to existing clients with newly signed agreement of product established in US & Europe. Will respond to inquiries from interested buyers indicating ability to purchase, construction experience, and to sign a confidentiality and non-disclosure agreement.
- Asking Price:
- $250K - $500K (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $500K - $1M (CAD)
- Cash Flow:
- $50K - $100K (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Renewable July 31st or can terminate. Negotiable for 1 year to 5 years plus option for 5 years.
- Leasehold Rent:
-
$68,000 (CAD) per annum
- Location:
-
Centrally located in GTA
- Premises Details:
-
Business has reception and showroom area, business offices, warehouse, plenty of parking for clients and staff. Lease is renewable or termination possibly July 31st.
Business Operation
- Expansion Potential:
-
If purchaser also supplies and installs products to new home builders and renovators, the business could easily be expanded to the clientele list for each company. Also a newly signed distribution agreement for an innovative product already established in the US and Europe, just recently available in Canada. Owner retiring due to age and recognizing that new owners looking for a business with substantial upside and opportunity will be able to step into an establshed and well run business unencumbered, continuing to develop two of the most exciting products available in the building industry.
- Competition / Market:
-
Patented product ensures best in industry for warranty, after sales service, newest innovation now preference with all home owners, builders and renovators for convenience and time saving for custom home owners. Competition sells on lower price if possible or discounting.
- Reasons for selling:
-
Retiring due to age and a family business in another city that needs my assistance part-time. Also the timing is right for the best opportunity for a new owner to take advantage of a new distribution agreement added onto our existing business.
- Trading hours:
-
Store open Retail hours 6 days/wk Mon - Sat.; service in home 5 days/wk
- Employees:
- 3
- Years established:
- 27
Other Information
- Support & training:
-
Established service manager, warehouse manager, bookkeeper & sales person. Training from owner available.
- Furniture / Fixtures value:
- $20,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $130,000 (CAD) - included in the asking price
- Relocatable:
- This business can be relocated.
