Well-Established Profitable Flooring Business f...

Kitchener, Ontario


Asking Price: Annual Revenue:
$795,000 $2,500,000

Retail: Sporting Goods, Recreation


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RE: Well-Established Profitable Flooring Business f... Broker: Philip

Quick Facts

Asking Price: $795,000
Annual Revenue: $2,500,000
Net Profit: Not Disclosed
Cash Flow: $235,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1999
Employees: 7
BBN Listing #: 126364710
Broker Reference #: GUELPON001-51704

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Business Overview:

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.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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