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Industrial Equipment Service And Wholesaler For Sale

Victoria, British Columbia, Canada
Asking Price:
$440,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,000,000 (CAD)
Cash Flow:
$200,000 (CAD)

Chinook Mergers, Acquisitions and Business Brokerage is proud to offer a unique opportunity to purchase a profitable business in Greater Victoria. The business specializes in supplying and servicing products and tools to Victoria’s booming construction industry and has been in continuous operation by the original owners since 1999.

The business operates out of a bright newer 2600 square foot building with lots of parking. The assignable lease has almost five years remaining on it with options for another term. The business has been consistently profitable since inception almost 20 years ago and today boasts revenues of more than one million dollars and an adjusted SDE of $200,000.

No special training is required for a new owner to take on this business. If you are interested in learning more about this exceptional opportunity, please contact Keith MacKenzie at Chinook Mergers, Acquisitions and Business Brokerage.

Property Information

Real Estate:

Lease

Lease Terms:

Year 1 of five year lease with option.

Leasehold Rent:

$49,200 (CAD) per annum

Location:

The business is located on the West Shore but services all of Victoria.

Premises Details:

2600 square foot, newer building with plenty of parking and good access.

Business Operation

Expansion Potential:

Opportunity to expand through adding products, services or adding a new location.

Competition / Market:

limited local competition

Reasons for selling:

Retirement

Trading hours:

7:30 to 5:00 Monday to Friday

Employees:
2 FT, 2 PT
Years established:
20

Other Information

Support & training:

As required

Furniture / Fixtures value:
$50,000 (CAD) - included in the asking price
Inventory / Stock value:
$80,000 (CAD) - included in the asking price

Contact Information

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