Increasing Revenues and SDE through Pandemic. Urban Plumbing and Renovation, Heating and Water Treatment Business.

Business Description

The revenues of this business have grown significantly in the last five years and its SDE exceeded $700,000 in 2019. Throughout the COVID-19 pandemic business has benefitted from customers’ increasing demand for home renovation and improvement. Detailed financial information is available to June 2020. This established business operates from two retail/ showroom locations; in a prime urban and a busy suburban area. For customers within 100 km, it is a go-to business for heat pumps and central heating systems, vast selection of plumbing supplies, bathroom renovations and water treatment sales and service. Its reputation for customer service and competitive pricing is paramount. Financing is available.

Details

Business ID: NBRU0007
Business Category: Furniture and Home Furnishings Stores
Location: New Brunswick, Greater Fredericton
Financing: Available
Status: Available

Company Information

Year Established: 1972
Franchise: No
Number of Employees: 8

Financial Information

Asking Price: $ 2,799,000
Gross Revenue: $ 3,100,000
SDE: $ 743,000
FF&E (included): On request
Inventory: On request
EBITDA: On request
Down payment: On request
Occupancy Cost: On request

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