The Company has been providing a rural, North-western Ontario area with a wide range of furniture, appliances and electronics products for ~75 years. The Company operates from a ~12,500 sq. ft. facility supported by an additional warehouse facility located ~1 block away, providing ~5,000 sq. ft. of storage, collectively totaling ~17,500 sq. ft. of space.
The Company belongs to an industry-leading franchise which provides buying power and brand recognition, among other advantages. The Company owns the real estate in each respective location, included in the sale, which offer ample room for future growth (~$1,400,000). The Company has established a loyal customer base and has a team of well-trained employees and management that are trusted, knowledgeable and proven capable to operate the Company when the Owner is absent. The Sellers are looking to retire and will ensure support, training, and knowledge transfer for an agreed upon transition period.
