Business Overview:
The Company is a family-owned and operated floor coverings business that supplies and installs carpet, vinyl, ceramic tile, hardwood, high pressure laminate flooring, cork flooring, and vinyl composition tile.
Now seeking retirement, the current owners established the business in July, 1987. The Company was built on honesty and integrity which support its commitment to excellent service, value, and workmanship.
Over the years, this has fostered its superior reputation in the industry for customer satisfaction which drives its growing revenue base entirely through referrals and repeat business. The Company enjoys a resilient and sustainable business model which sources its sales from insurance/restoration, commercial/contract, and residential renovations. The Company has virtually no exposure to the cyclical nature of new construction markets. New ownership with energy would be well situated to capitalize on the Company’s enviable market position and stellar reputation to elevate the business to new levels.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Approximately 5,170 square feet at ground level. Divided approximately equally between administrative/showroom and warehouse. On-street and rear parking available. Ground floor loading dock. Current term expires February 28, 2009. Basic rent of $6 per square feet (annual) plus GST.
Market Competition and Expansion:
Excellent growth opportunities.
Reason for Selling:
Retirement.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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