Market Dominating Home Improvement Centre

Toronto, ON, CanadaConsumer ServicesBusinessSold

Sold

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Listing details

Sold As listed until it sold, kept for reference.

Revenue (TTM)
$3.7M CAD
Cash flow (SDE)
$505K CAD

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

DetailInformation
Business modelTraditional
Legal bodyIncorporated
Established in2001
Financing availableNo
Reference #3301-272979-WH
% of business selling100%

Premises

DetailInformation
PropertyLand 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

Listed June 10, 2022 · Last updated January 3, 2023 · Listing ID #3111

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Listings are written by the seller or their broker. Verify everything before you sign.

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