Market Dominating Home Improvement Centre
Sold
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Listing details
Sold As listed until it sold, kept for reference.
Figures as reported by the seller. What is SDE?
Highlights
- Established in 2001
About this business
As the seller described it while it was for sale.
This is a well-established and very profitable home improvement centre.
It operates out of two retail locations with showrooms. It offers products at competitive prices (kitchens, counter tops, vanities, toilets, showers, tubs, doors, flooring, etc.) with focus on DIY customers (B2C) and contractors (B2B). It also offers services of project management and execution for non-DIY customers (B2C).
The business is great on working capital with majority of sales derived from product sales where payments are due on pick-up (retail model). For services, a favourable deposit structure is in place with payment milestones.
There is a manager in place, thus minimizing owner's involvement needed in day to day operations.
The owner is retiring and ready to transition the business.
No seller financing is expected to be provided.
CIM will be made available only to pre-qualified buyers with an executed NDA.
The owner answers
As the owner answered while it was for sale.
- Why are you selling?
- Retirement.
Business details
| Detail | Information |
|---|---|
| Business model | Traditional |
| Legal body | Incorporated |
| Established in | 2001 |
| Financing availableCSBFPThe Canada Small Business Financing Program. A federal program that helps lenders offer loans to small businesses by sharing part of their risk. What it can pay for is set by the program, so ask your lender. | No |
| Reference # | 3301-272979-WH |
| % of business selling | 100% |
Premises
| Detail | Information |
|---|---|
| Property | Land and building not included in the sale |
Buyer requirements
Buyer does not need to have experience owning & operating a business or franchise.
Buyer does not need specific industry experience.
Location
Toronto, ON, Canada
Listed by Waldemar Halek
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