Primary Industry:Building Material & Hardware Stores
UNDER ACCEPTED OFFER. This well established retail sales and installation business focuses mainly on flooring, and to a lesser extent window fashions. They are focused on higher-quality products and do a lot of commercial work with repeat clients. The business provides exceptional customer service and delivers seamlessly on the timing for installation they provide to their clientele. The owner works full time in the business managing both sales and installation. His spouse works part time in a sales / admin type role. The business is strong and ownership expects growth in sales again in 2026. They are only open Monday to Friday, so there is no weekend work, though a buyer looking to further grow the business could open on Saturdays or some evenings, and could also look at bringing on a commissioned full time sales rep to drive further sales growth. They are only one of two licensed suppliers/installers of a specialized flooring product system in Southern Saskatchewan that offers strong growth opportunities for the business. The current owners are the second owners of this successful business that has been operating for over 35 years in the market, and over 15 years under the current ownership. The current owners have decided to retire and are willing to help train and transition new ownership into the business. They have 5 staff including themselves, and multiple independent installers that work for them. The real estate is owned by the sellers, and their preference is to sell the business and lease the building. The building is ideally suited location wise (central) and in very good condition, with lots of room for client parking. Sale will include W/C of $50k (includes inventory of approx $24k).
Financial Information
$447,000
Asking Price
N/A
Cash Flow
$1,397,784
Gross Revenue
N/A
Down Payment
Yes
Financing
$117,573
Adjusted EBITDA
Business Location
City:
Confidential
State:Saskatchewan
Financing Comments
Seller may be open to vendor financing for the right buyer and based on the right deal structure & terms
Reason for Sale
Retirement
Detailed information
Year Established:1990
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 5
Part-Time Employees:N/A
Contractors:5
Owner Worked Hours/w:45
Inventory Included: Yes
Inventory Value:
$50,000
Monthly Rent:
$5,000
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 5000
FF&E Included?: Yes
FF&E Value: $75,000
Training/Support
Owners will provide a couple months of transition support and training. The seller may also stay on longer term as a consultant or in a reduced capacity role to assist should the buyer want that.
Facilities
5,000 sf building - lots of parking, in very good condition, central location, fenced compound
Real State Description
Building will be a standard triple net lease at $60,000 per year + additional rents (taxes, opcosts, common area, mgt).
Founded over 20 years ago, this well-established Idaho construction company specializes in turnkey outbuilding solutions for agricultural, residential, and light...