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Sucessful Power Equipment Marine Tool Rental Business For Sale

Port Hardy, British Columbia, Canada
Asking Price:
$2,100,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,200,000 (CAD)
Cash Flow:
Available on request

Long term business for sale. Owner retiring. Power equipment, marine outboards, logging supplies, small equipment rentals, work clothing. 10 plus staff with 3 over 20 years, including an excellent manager. Owner will stay on with the business for a year at no charge to conduct an orderly transition. Business has a good track record of profitability and owner currently takes a low 6 figure salary.
Pictures available on our website. Financials available.
9400 sq ft building included in the asking price.
This will be a share sale so as such, the building, property, inventory, assets are all included in the sale. The asking price is essentially the wholesale value of all the above.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

There is a 900 sq ft apartment attached to the building.

Location:

Downtown

Premises Details:

The business operates in a 8500 sq ft building and a 900 sq ft attached living apartments. This includes repair bays, retail space and warehousing.

Size in square feet:
250' x 200'
Planning Consent:

The property is properly zoned for any further expansion and the local government is very forward thinking in growth of the commercial part of the town.

Business Operation

Expansion Potential:

The building is on an acre of property with expansion potential.

Competition / Market:

There is no direct competition to our complete business, and only one competitor in the marine sales part of the business.

Reasons for selling:

The owner started the business in 1978. After 41 years he is retiring.

Trading hours:

Monday to Saturday

Employees:
12 full time, 2 part time
Years established:
41

Other Information

Support & training:

We have good staff and good management. The owner will stay on for up to a year, at no charge, to ensure an orderly transition.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

The owner will finance up to 25% of the business at 5% interest to a maximum of 10 years.

Furniture / Fixtures value:
$200,000 (CAD) - included in the asking price
Inventory / Stock value:
$1,200,000 (CAD) - included in the asking price
Website:
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