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Market Dominating Home Improvement Centre For Sale

North of Toronto, Ontario, Canada
Asking Price:
$1,299,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,700,000 (CAD)
Cash Flow:
$505,000 (CAD)

This is a well-established and very profitable home improvement centre.

It operates out of two retail locations with showrooms. It offers products at competitive prices (kitchens, counter tops, vanities, toilets, showers, tubs, doors, flooring, etc.) with focus on DIY customers (B2C) and contractors (B2B). It also offers services of project management and execution for non-DIY customers (B2C).

The business is great on working capital with majority of sales derived from product sales where payments are due on pick-up (retail model). For services, a favourable deposit structure is in place with payment milestones.

There is a manager in place, thus minimizing owner's involvement needed in day to day operations.

The owner is retiring and ready to transition the business.

No seller financing is expected to be provided.

CIM will be made available only to pre-qualified buyers with an executed NDA.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Retirement

Employees:
10
Years established:
20+

Other Information

Financing available:

Priced as a cash deal

Furniture / Fixtures value:
$85,000 (CAD) - included in the asking price
Inventory / Stock value:
$150,000 (CAD) - included in the asking price
Website:
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