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Listed by:

vbs group

High Profit Unique Furniture Store For 70 Years In Toronto For Sale

Toronto, Ontario, Canada
Asking Price:
$725,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$2,297,526 (CAD)
Cash Flow:
$516,737 (CAD)

We help buyers seek financing with a minimum of 10% cash required.

Very profitable, unique furniture store franchise for sale. Parent business was founded over 70 years ago and enjoys a unique position in the higher end furniture business.

They provide contemporary furniture based on Scandinavian design principles with customization options covering material, component, configuration, size, and finish. All their products are renowned for their modularity, functionality and uncompromising quality.

This store has an excellent location and has a very experienced full time Manager who will stay on, so the new owner does not have to be hands on.

The store enjoys high profits, stable revenues and is on auto pilot for the new owners.

The existing owner has invested in marketing that generates significant referrals and repeat business and this store has been around since 2011.

There is full support from the Franchisor, who provides an online university that can be accessed from any computer. In addition, franchisor is willing to send people to train new owner and/or staff.

Founded in 1952 with 300 stores in 70 countries, this is a very strong brand that is well established in Toronto.

Accepting offers up to April 31st or first acceptable offer.

Property Information

Real Estate:

Lease

Location:

4500 sq. ft. store in an ideal location

Business Operation

Reasons for selling:

Retirement

Employees:
5
Years established:
70

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

3 months training provided by owner. Franchisor has online university and willing to send people to train new owner and/or staff.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Yes.

Furniture / Fixtures value:
$100,000 (CAD) - included in the asking price
Inventory / Stock value:
$200,000 (CAD)
Business closed / Asset sale:
Yes