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Business Listed by

Sunbelt Toronto North/East

Contact: Robert J Jones
Office Phone: 647-875-2150
Mobile Phone: 416-624-8871
Listing ID: TOR02ON001-N241

Profitable Flooring Retailer

Financial Information

  • Asking Price: CAD $550,000
  • Gross Revenue: CAD $1,076,453
  • Cash Flow: CAD $191,838
  • Down Payment: NEGOTIABLE
  • FF&E (Included): $63,700
  • Inventory: $15,000
  • Financing: Yes

Business Location

  • Confidential
  • Ontario
Primary Business Category: Floor Covering Stores

Created in 2005 to bring quality flooring and great service to the residents of Simcoe County, this company provides a wide variety of floor covering, in current styles, at affordable prices. A one-stop-shop for all home flooring needs providing expert advice for DIY customers who want to install it themselves or providing professional installation for the DFM (Do-It-For-Me) customers. Every aspect of the business has been thoughtfully planned from the moment a customer walks into the showroom. This business is set up perfectly for the new owner to step in and take over and grow! Contact us today for detailed information.


Competition Description


Growth / Expansion overview

A national quality brand and a turnkey business model that is primed to be scaled locally, duplicated in other markets, and/or launched as a franchise model. Staff is trained and experienced. There are 2 full-time employees including the owner, 2 part-time employees, and a stable of several contracted installation teams


Support / Training Comments

To assist in the success of the new owner, the current owner is prepared to stay on for a negotiated period of time to provide business continuity, training, and other knowledge transfer as required. This training period will be provided at no cost to the owner.


Financing Comments

Owner is willing to carry a small VTB for the right buyer


Reason For Sale
The owner moved from to the Simcoe area over 20 years ago seeking and education and work. He now wants to return to his roots in Northern Ontario to be closer to his family and friends.
  • Home Based: No
  • Year Established: 2005
  • Franchise: No
  • Willing to Train: Yes
  • Relocatable: Yes
  • Required Licences:

  • Is Property Leased: Yes
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Real Estate Asking: $1,299,000
  • Days Open: 7
  • Hours Open: M-F 9am -8 pm Sat 9am-5pm Sun 11am-5 pm
  • Fulltime Employees: 2
  • Part time Employees: 2
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 2600 sq ft
  • Parking: 8 Spots
  • Monthly Rent: $4,333

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