Profitable and Proven Retail Business

Not Disclosed, Ontario

Waterloo Region


Asking Price: Annual Revenue:
$699,000 $1,518,893

Retail: Home Furniture & Furnishings


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RE: Profitable and Proven Retail Business Broker: Greg Wood

Quick Facts

Asking Price: $699,000
Annual Revenue: $1,518,893
Net Profit: Not Disclosed
Cash Flow: $250,125
Total Debt: Not Disclosed
FF&E: $4,062
Real Estate: Not Disclosed
Year Established: 1972
Employees: 10
BBN Listing #: 70644955
Broker Reference #: 9112-17143

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Business Overview:

Rare opportunity to acquire and operate a proven and stable business in one of busiest retail nodes in the Waterloo Region. Established, long-term clientele including significant home builders, renovators, decorators and designer businesses throughout the Waterloo area.

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Property Features and Assets:

Retail showroom and a warehouse component that includes shipping/receiving 5,134 sq ft. The lease expiration is May 31, 2024, with options to extend. The tenant has enjoyed a 34+ year relationship with the Landlord. Assets = $373,740

Market Competition and Expansion:

Providing friendly service, great selection and competitive pricing since 1972. The expansion of store hours and online shopping options offer potential growth opportunities. The owner will provide four weeks of hands-on training to assist with a smooth transition.

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 a franchise resale opportunity.

Relevant Links:

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