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Industrial And Construction Supplies In Alberta For Sale

Alberta, Canada
Asking Price:
$250,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$1,037,200 (CAD)
Cash Flow:
$133,249 (CAD)

This business was established in 2014. The operation is very successful with sales increasing on a monthly bases. This sales are being achieved with one sales person in the field (which is the owner) plus one person located in the store full time and two part-time people 3 days a week. The businesses year end is march 31st sale for past year where 1,037,200. With the economy increasing in Alta this would be an excellent time to purchase this business. This is currently operated under a Franchise agreement and had a limited area. The Franchise agreement has now been terminated effective September 2019 so now the purchaser could expand to include the whole Province if they so wanted too. The current operation is still working in an area from Edmonton to south of Red Deer. However with a larger sales team this could be expanded. With the approval of the pipeline to B.C. now the demand or the supplies provided will be increasing.

Property Information

Real Estate:

Lease

Lease Terms:

The initial lease was for five (5) years but is now on a annual bases. There should be little problem in signing a new lease for a least 5 years with the current landlord.

Leasehold Rent:

33,300 plus common area per annum

Location:

The business is located in lease premises in a small strip mall. most of the sales are shipped direct to the customer by various means. So the premises are mostly used for storage on inventory.

Premises Details:

The premises are located in 2304 sq. ft. with a small area for customer to entry. The major item is ability to ship products quickly to the clients as requested. The lease is on a one bases but can be increased should the Buyer want to with the current owner of this business. However a new lease could be obtain for what ever period of time needed.

Size in square feet:
2304 sq. ft.

Business Operation

Expansion Potential:

The owner covers most of his customers on a weekly bases but there are some small communities he has not yet visited or established a customer base with. This business has the potential to be expanded to a much larger area however this would likely require more sales staff to achieve.

Competition / Market:

There are 5 other competitors in this type of business in the area.

Reasons for selling:

The owner has another business which was in operation before he started this one and now with the growth he is not able to run both. The other business is not related in any way to this operation.

Trading hours:

7.30 am - 4.30 pm Monday to Friday closed weekends and holidays.

Employees:
2 full time (including owner) 1 part-time three days a week maximum
Years established:
2014

Other Information

Support & training:

The Buyer will receive 4 weeks training from the owner.

Financing available:

This business can be purchase as assets or Shares which ever works best for the Buyer. There are not a lot of fixed assets in this sale. So financing will depend on the strength of Buyer.

Furniture / Fixtures value:
$70,000 (CAD) - included in the asking price
Inventory / Stock value:
$200,000 (CAD)

Contact Information

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