Price: $1325000

Location: Southwest Ontario

Province: Ontario

Description

This business is primarily involved with the design and installation of cabinetry for residential and commercial applications. It also works closely with new home contractors. Future revenue and profitability are assured given the strong backlog of work orders and growing demand in the marketplace. The Real Estate includes both the building (which houses the showroom, warehouse, and offices) and ample parking. It is located near the centre of this thriving Southwest Ontario town. The current owners have built a great reputation in the region since 1994, and established long lasting relationships with customers, homebuilders, suppliers, and contractors. This business has room for expansion and is positioned for future growth; however, the current husband and wife owners are looking to retire. A new motivated owner has many growth opportunities in this already successful business.

 

Do you like completing beautiful projects that your clients love? Then this may be the opportunity for you!

 

Other highlights of this business and building sale include:

  • Suitable either for a new owner/operator, or a couple, or as an add-on acquisition to an existing business.
  • Many loyal repeat clients and experienced staff who are willing to stay with the business.
  • Winner of many industry awards – recognized as the top-rated home pros and most popular designs.
  • Building is in excellent condition and appraised by an independent third-party.
  • An exclusive distributorship agreement with a premier cabinet manufacturer.
  • Industry reports suggest continued demand given the region’s housing shortage and strong economy.
  • Changing behaviours such as remote working and aging-in-place continue to drive demand.
  • Showroom, contents, and inventory are included.
  • Financing options are available.
  • Located in a pleasant and relatively affluent town.

 

For more information about this exciting business and building opportunity, and for an evaluation of what business ownership can mean for your future financial well being, please contact the Broker.

 

LISTING DETAILS

Total Sales: $1,678,037

Cash Flow: $259,343

EBITDA: $174,694

Accounts Receivable: $8,806

Accounts Receivable Included: Yes

FFE: $13,577

FFE Included: Yes

Inventory: $120,953

Inventory Included: Yes

Operation

Year Established: 1994

Year of last Acquisition: 1994

Employees: 4 F/T and 2 P/T

Location

Real Estate: $800,000

Real Estate Included: Yes

Monthly Rent: 5077

Square Footage: 3984

Summary

Facilities Information:

Showroom plus Offices plus Warehouse

Reason For Sale:

Retirement

Training & Support:

Available

Historical Summary:

This business is primarily involved with the design and installation of cabinetry for residential and commercial applications. It also does kitchen installations for new home contractors. Future revenue and profitability are assured given the strong backlog of work orders and growing demand in the marketplace. The Real Estate includes both the building (which houses the showroom, warehouse, and offices) and a significant parcel of land located near the centre of this thriving Southwest Ontario town. The current owners have built a great reputation in the region since 1994, and established long lasting relationships with customers, homebuilders, suppliers, and contractors. This business has room for expansion and is positioned for future growth; however, the current husband and wife owners are looking to retire. A new motived owner has many growth opportunities in this already successful business.

 

Do you like completing beautiful projects that your clients love? Then this may be the opportunity for you!

 

Other highlights of this business and building sale include:

  • Suitable either for a new owner/operator, or a couple, or as an add-on acquisition to an existing business.
  • Many loyal repeat clients and experienced staff who are willing to stay with the business.
  • Winner of many industry awards – recognized as the top-rated home pros and most popular designs.
  • Building is in excellent condition and appraised by an independent third-party.
  • An exclusive distributorship agreement with a premier cabinet manufacturer.
  • Industry reports suggests continued demand given the region’s housing shortage and strong economy.
  • Changing behaviours such as remote working and aging-in-place continue to drive demand.
  • Showroom and inventory are included.
  • Financing options are available.
  • Located in a pleasant and relatively affluent town.

 

For more information about this exciting business and building opportunity, and for an evaluation of what business ownership can mean for your future financial well being, please contact the Broker.

 

LISTING BROKER

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