UNDER ACCEPTED OFFER - This well established and successful specialty retail business has been in operation for over 50 years, selling parts & accessories. The company has a strong group of suppliers and customers, with lots of repeat business. The owners now wish to sell so that they can retire. The business includes Working Capital of $275,000 and all equipment, customer data, website, name, etc.. This will be a share sale. The owner would consider a sale of the building if a buyer wants to purchase the building, but will also entertain a 3-5 year lease at market rental rates. The owners will provide a training and transition period. Two year average annual sales of $1.1M per year and two year average Sellers Discretionary Earnings of $208k.
- Asking Price:
- $449,000 (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,089,878 (CAD)
- Cash Flow:
- $171,357 (CAD)
Business Operation
- Employees:
- 4
- Years established:
- 54
Other Information
- Furniture / Fixtures value:
- $25,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $275,000 (CAD) - included in the asking price
