Building Renovations Supply Store
Building Renovations Supply Store
Price: $375,000
Location: Stoney Creek
Listing ID: 20240122
Listing Status: New
This well-established supplier offers a unique combination of competitive pricing, a diverse building renovation product portfolio, and a loyal customer base, making it a prime investment and acquisition opportunity for entrepreneurs.
It is a turnkey operation in an open-concept showroom and warehouse facility.
Total Sales: $730,451
Cash Flow: $193,698
FFE Included: Yes
Reason For Sale:
Retirement.
Training & Support:
The owner is willing to provide one-year training for new owner(s).
Year Established: 2014
Owner Hours Per Week: M-F 9:am - 6:pm | Sat 9:am - 5:pm | Sunday & Holidays Closed
Employees: Owner and one part time sales employee
Monthly Rent: $3,377
Type of Location: Located in a high-traffic area with good visibility.
Square Footage: 3700
Facilities Information:
3,700-square-foot open-concept warehouse facility
Historical Summary:
The business owner, who is passionate about providing excellent customer service and dedicated to growth, is looking for a buyer to continue the business legacy and unlock its untapped potential. The business was founded in 2014 as a branch of a chain but the owner dissolved that relationship in late 2018 and changed the name. To ensure a seamless transition, the owner is willing to provide extensive training to the new buyer (s) so they can build upon the established customer base and take the business to the next level.
Potential Growth:
This business aims to capitalize on the booming Canadian home improvement market, which is expected to reach CAD 92.2 billion by 2025.
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