This business is a very profitable, established, award-winning manufacturer, importer, distributor and installer of proprietary outdoor flooring and shades products.
Its operating structure is a lean business model with minimal overheads.
The owners have developed the business and positioned it for its next stage of growth supported by an established supply chain network, B2C and B2B client portfolio and highly systemized operations.
An incoming owner will benefit from a turnkey business acquisition with minimal investment required to continue operations at this level.
- Asking Price:
- $975,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $1,020,000 (CAD)
- Cash Flow:
- Available on request
Property Information
- Location:
-
100% virtually operated company.
Business Operation
- Expansion Potential:
-
According to (Canada Mortgage and Housing Corporation) and CondoNow, there are an estimated 2,500 condo corporations that are occupied with over 1,000 new condos being constructed that are earmarked to be occupied by its owners within 48 months. These figures represent a 40% growth in this company's target market, presenting a strong potential for expansion for the business.
In addition, there are ample growth opportunities including deepening its market reach and penetration by expanding geographically, unlocking the franchising model, expanding its product and service range to include pavers, design services and indoor condos
renovation services respectively.
The company grew its Seller’s Discretionary Earnings by 216.5% from F.Y. 2019 to F.Y. 2021. An
85.5% increase in Revenues was also experienced within the same timeframe. This growth is expected to continue.
- Competition / Market:
-
The business has established its market niche and successfully differentiated its product and service offerings. While a few competitors have attempted to replicate its products, the business model is novel. It offers popular proprietary products exclusively and cultivates the developer channel to market its products rather than focusing on the traditional retail and B2C channels.
- Reasons for selling:
-
The owners have achieved their strategic business goals and wish to pursue real estate and commercial investments.
- Trading hours:
-
Mon-Sat, 9am-5pm
- Employees:
- The number of staff members changes throughout the seasons, especially with regard to installers. However, the business has well-placed systems, processes and compensation structures to easily expand or contract according to the seasonal changes and cash flow.
- Years established:
- 10
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
Owners are willing to help to transition a new owner in any way they can. They had already developed their company for Franchisees and this training could easily be adapted for the new owner. They would also make themselves available for any other support that may be needed and are open to suggestions and terms. They are invested in ensuring that the new owner is well prepared to take their company into the future and prosper.
- Furniture / Fixtures value:
- $30,000 (CAD) - included in the asking price
- Home based:
- This business can be run from home.
- Relocatable:
- This business can be relocated.
