Price: $795,000

Location: South West Ontario

Province: Ontario

Industry: Floor Covering Store

Description

Excellent opportunity to own this turn-key profitable Flooring Business providing top quality Canadian made products for over 25 years.
This well-established business has over 7,300 sq. ft. of Showroom and Warehouse space and is located in an excellent location in the Kitchener/Waterloo/Cambridge area.
The business is a one-stop flooring supply and installation shop for retail customers, general contractors, and restoration companies. Their large Inventory includes an extensive selection of carpet and area rugs, exotic hardwoods, laminates, and ceramics.
The company is an Insurance Claims Collaborative (I.C.C.) preferred vendor for insurance companies, which ensures year-round cash flows.
The company’s success comes for a solid customer base, experienced and knowledgeable staff, and certified installers.
The Seller is looking to retire and is willing to train to ensure a smooth transition.

LISTING DETAILS

Total Sales: $2,500,000

Cash Flow: $235,000

Accounts Receivable Included: Yes

FFE: $100,000

FFE Included: Yes

Inventory: $150,000

Inventory Included: Yes

Operation

Year Established: 1999

Year of last Acquisition: 2013

Employees: 7

Summary

Reason For Sale:

Retirement

Training & Support:

Available

LISTING BROKER

Jack Elias

Jack Elias
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