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Multiple, Strong Revenue Streams: Restaurant Supply; Sales & Install of Heating, Cooling Systems

Financial Information

  • Asking Price: $2,200,000
  • Gross Revenue: $1,290,000
  • Cash Flow: $183,000
  • Down Payment: ON REQUEST
  • FF&E (Not Included): ON REQUEST
  • Inventory: $300,000
  • Financing: Yes

Business Location

  • Confidential
  • Prince Edward Island
Primary Business Category: Wholesale Trade

This established business consistently flourishes with projections for continued growth. An Atlantic Canada leader in restaurant supply and design; the business also has strong and growing revenues in the sale and installation of recognized heating and cooling systems AND top-quality propane fireplaces. Servicing both the commercial and residential markets, the business benefits leading participation in major buying groups. Located in Prince Edward Island, it services all of the Atlantic region. Asking price includes the business, inventory and real estate which is valued at $1.2 million.


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1993
  • Franchise: No
  • Year Acquired: 1993
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: N/A
  • Real Estate Asking: $1,200,000
  • Fulltime Employees: 10
  • Part time Employees: N/A
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: ON REQUEST
  • Building Size: 5000 sq ft
  • Monthly Rent: N/A

Contact Business Broker

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Business Listed by

Sunbelt Saint John, New Brunswick

Contact: Mike Byrne
Office Phone: 1-866-766-1566
Mobile Phone:
Listing ID: STJOHNB001-N36

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