Well established flooring business in a growing market.

Asking Price$200,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$600,000

Inventory$50,000
Included in asking price
FF&E$100,000
Included in asking price
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Well established flooring business in a growing market.


Asking Price$200,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$600,000

Inventory$50,000
Included in asking price
FF&E$100,000
Included in asking price

Seller Financing Available
Business Description
A great little business in a growing market. This is an excellent opportunity to own a turn-key business that is well established but requires dedicated focus that the existing owner is not able to provide at this time. Priced to sell with minimal fuss. Truly a walk-in and run business with excellent potential for growth.
About the Business
Years in Operation
33
Employees
12 (2 Full-time, 10 Contractors)
Facilities & Assets
Turnkey operation, freshly renovated in a growing market with excellent traffic. The store was added to an existing business and it can go back to its original operating name which is well entrenched in the market. Lots of growth potential in this area as its growing quickly. Business has territory protected rights to distribute certain well established brands, has all samples and displays and is truly turn key and ready for an owner that is in the store daily. The value of the distribution of the brands in this market is highly sought after. Offering a low price to transact quickly with minimum fuss.
Market Outlook / Competition
Current owner has invested zero in marketing and its been growing. The area itself is identified as one of Canada's fastest growth areas with considerable demand in the entire area. The Bruce Nuclear site is seeking an additional 15,000 high pay union jobs as a result of its expansion. Low acquisition cost for a well established operating business in a growth market.
Opportunities for Growth
Growth opportunities include basic marketing and attention to the market.
Opportunities to sell more services (window coverings, paint and other building materials and services).
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
7,680
Rent
$4,957.00 per month
Lease Expiration
6/1/2027
About the Sale
Seller Motivation
To focus on our main location that is 45 mins away. Owner wants to slow down a
Transition Support
Existing staff would likely remain in place. Owner can remain active for a short period of time.
Financing Options
50% down, balance over 2 years at 10%
Listing Info
ID
2501542
Listing Views
Attached DocumentsAttachment Disclaimer

Confidentialty agreement - Meaford Interiors DRAFT.doc


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Business Listed by: John Mealey

Listing ID: 2501542 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.