Location
Contact Person
Alex Shteriev
Phone
+1 416-228-1200
Annual Revenue
$ 994,000
Price
$ 249,000
Cashflow
$ 105,000
Category
Building & Construction
Year Established
N/A
Employees
1 F/T
The business specializes in the sale and installation of cork flooring products as well as vinyl flooring, linoleum flooring, laminate flooring, bamboo flooring, hardwood flooring, carpets, rugs and window coverings. The business has an excellent and long standing reputation for providing superior quality flooring and window covering products and services for over 30 years and it has established a strong and extremely loyal customer base. The facility is conveniently located at a busy intersection surrounded by a dense population of high-end homes and businesses. The business serves a wide customer base comprising of homeowners between the ages of 30 to 60 years old. Staff is very knowledgeable in their field and the business has been able to establish a distinguished reputation in its market niche. Owners are looking to retire and are looking for a motivated and energetic buyer with an interest and passion for the flooring business to take it to the next level. Proper training and transition are to be provided to purchaser. Financial numbers provided are weighted averages for the last 4 years.
BUSINESS HIGHLIGHTS:
• Excellent reputation for providing superior quality flooring and window covering products
• Well established market niche in the cork flooring area
• Extremely loyal customer base
• High customer referral and retention rates
• Located on a highly trafficked road in a densely populated area
• Growth opportunities exist in increasing business development through marketing activities and expanding storefront, as well as expanding product and service offerings
• Motivated Seller looking to retire
Summary Financials:
Revenue: $994,000
Seller’s Earnings: $105,000
Employees: 1 F/T
Assets (included in sale): $10,200
Inventory (included in sale): $20,000
Asking Price: $249,000
Market Conditions & Competition
N/A
Financial Summary
N/A
Training & Support
N/A
Reason for Selling
N/A