Rare opportunity to acquire and operate a proven and stable business in one of busiest retail nodes in the Waterloo Region. Established, long-term clientele including significant home builders, renovators, decorators and designer businesses throughout the Waterloo area.
- Asking Price:
- $699,000 (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,518,893 (CAD)
- Cash Flow:
- $250,125 (CAD)
- Real Estate:
- Premises Details:
Retail showroom and a warehouse component that includes shipping/receiving 5,134 sq ft. The lease expiration is May 31, 2024, with options to extend. The tenant has enjoyed a 34+ year relationship with the Landlord.
- Expansion Potential:
The expansion of store hours and online shopping options offer potential growth opportunities. The owner will provide four weeks of hands-on training to assist with a smooth transition.
- Competition / Market:
Providing friendly service, great selection and competitive pricing since 1972.
- Reasons for selling:
Retirement after providing lighting solutions in Waterloo Region for over 35 years.
- Trading hours:
Mon-Thurs 9:30am–6pm; Fri 9:30-5; Sat 10am-2pm
- 4 FT/6 PT
- Years established:
- Franchise opportunity:
- Support & training:
Will train for 4 weeks @ $0 cost.
- Furniture / Fixtures value:
- $4,062 (CAD) - included in the asking price
- Inventory / Stock value:
- $360,646 (CAD) - included in the asking price