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Thriving Furniture And Appliance Retailer With Real Estate For Sale

Nova Scotia, Canada
Asking Price:
$679,000 (CAD)
Sales Revenue:
$1,201,000 (CAD)
Cash Flow:
$290,000 (CAD)

The "I love local" movement is strong and healthy and this is especially evident with this small town business. Their purpose to supply the local communities with household furniture and appliances more effectively than any of the big box suppliers. With direct relationships with many manufacturers, including names like Whirlpool, Amana, Maytag, Dreamstar, and McGregor, this operation has been able to set itself up independently of any buying group or franchise. The market for this business is strong and the business is on an uptrend since the owner moved back to the area and began working in the business in 2019.

This business has been set up to operate with simplicity and no frills. There is no web-site, no financing options, or warranty options available. There are no glossy, radio, or internet advertising programs, just community bulletins, word of mouth, and Facebook. There are no complex systems, just good old pen and paper + Simply Accounting. The focus is simple, supply quality product and excellent service at low prices without any strings attached.

Total Staff: 3 - 4 part time. (Administrative, sales, and delivery + Owner)

Reason for selling: Retirement (late 60's). The Owner has owned the business since 2004, moved out of Province in 2009, returned to area in 2019 and had been hands on since.

Inventory to be adjusted at closing. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most all of your questions. The sale is structured as a sale of 100% of the authorized and issued share capital of the company. Working Capital shall be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most all of your questions.

Property Information

Real Estate:

Real Property Included

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