Price: $755000
Location: Metro Vancouver
Province: British Columbia
Industry: Retail Stores (Small Specialty)
Listing ID: VANCOBC002-N544
One of Western Canada's leading dealerships specializing in outdoor home living products, this company is an authorized dealer for several well-known, made-in-Canada brands.
The business has grown rapidly, as consumers continue to turn their focus and dollars towards improving lives at home. Demand for the company's products has risen to the point that there is an order book of several months' sales awaiting delivery, which would pass to a new owner.
Operating out of a conveniently located showroom on a major shopping street in a fast growing area of Metro Vancouver, this business is ready to be taken to the next level by a buyer able to consolidate and grow its market position. The seller has extensive proprietary knowledge of their products and market, which they will transfer to ensure a smooth transition to new ownership.
Business Asking Price: $755,000
Type of Sale: Share Sale
Inclusions in Asking Price: Operational Balance Sheet Inclusive of Furniture, Fixtures, and Equipment; Goodwill; and Normal Net Working Capital of $114,000 (Inclusive of Inventory)
Total Sales: $2,575,000
Cash Flow: $331,000
Reason For Sale: The Seller is looking to pursue other interests.
Training & Support: The Seller will provide an agreed period of training and transition to the new owner.
Potential Growth: There is opportunity to grow by geographical expansion.