Presenting an outstanding opportunity to acquire a distinguished furniture and appliance retailer located in Eastern Ontario. With over 30 years of successful operation, this business has established a strong reputation and a loyal customer base within an hour's drive. Specializing in high-quality home furniture and appliances, the store is renowned for its exceptional customer service, treating each client with a personal and professional approach. The business has seen consistent sales growth for the past six years, reflecting its robust brand recognition and market presence.
The retailer operates six days a week with a dedicated team of five employees, ensuring efficient and effective service delivery. Included in the sale are the real estate, a company vehicle, and other valuable assets, providing a comprehensive package for the new owner. Its smooth operations and solid foundation offer a significant opportunity for modernization. The current owner, seeking retirement, is committed to ensuring a seamless transition and is willing to provide the necessary support to the new owner.
With a strong market position and significant growth potential, this business is well-positioned for expansion into new markets and increased revenue streams. This is a rare opportunity to acquire a reputable, profitable business with a proven track record of success. For more information and to explore this opportunity further, please contact Jim Nairn at [email protected].
Business ID: KING0048
Business Category: Furniture and Home Furnishings Stores
Location: Ontario, Eastern Ontario
Financing: Available
Asking Price: $ 2,100,000
Gross Revenue: $ 1,925,545
SDE: $ 277,786
FF&E (included): On request
Inventory: On request
EBITDA: On request
Down payment: On request
Occupancy Cost: On request