Price: $795,000
Location: South West Ontario
Province: Ontario
Industry: Floor Covering Store
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.
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
Year Established: 1999
Year of last Acquisition: 2013
Employees: 7
Reason For Sale: Retirement
Training & Support: Available