Leading Retailer of Furniture, Mattresses and Accessories in Southwestern Ontario
In Business for over 18 years this company is an established retailer of better quality higher end furniture, accessories and mattresses.
Leading Retailer Of Furniture, Appliances, Mattresses, And Accessories
Southwestern Ontario
In Business for over 18 years this company is an established retailer of better quality higher end furniture, accessories and mattresses.
Asking Price: Upon Request
Sales: ~$2,000,000
Cash Flow: $150,000
Number of Employees: 5
Store Size: 10,000 sq.ft.
Building: Leased
Location: Southern Ontario
In Business for over 18 years this well regarded business carries leading North American and Import brands serving one of the Urban southern Ontario market along the 401 corridor. This is a turnkey operation. Ownership is seeking to sell the business as they plan for retirement.
The Opportunity
- Servicing a market of over 500,000 people in an above average median income market.
- The owner is seeking a buyer to acquire the business as a going concern and willing to stay on during a transition period.
- A Confidential Information Summary describing the opportunity with more specifics is available upon execution of a confidentiality agreement.
Key Investment Highlights
- Strong name and reputation within in the market with over 18 years of success
- Desirable retail location within proximity to competitors and in a heavy traffic power centre
- History of stable and profitable financial results. Revenues and EBITDA have averaged approx. $2million and $150,000 thousand respectively. And tracking similar results in 2021
- Premiere suppliers and relationships with established and known industry suppliers and brands
- Favourable lease with over 5 years remaining
- Other pertinent information…