Highly Profitable Home Improvement Solutions Provider for Sale in Eastern Ontario
Custom cabinet and closet solutions provider for sale in Eastern Ontario. This business designs and installs custom premium quality cabinets and closets and provides related services to organize spaces in home and garage. Taking advantage of a high demand, the company had a stellar revenue and profits growth in the last few years which is expected to continue. Being part of a reputable large franchise, it has a well-tuned processes, low royalties and operational costs, and stable suppliers. The business has established, self-sufficient, reliable, and skilled employees making this a true “turnkey” opportunity. Therefore, experience in the industry is not essential for successful ownership of this business. Excellent reputation for results and quality work results in exceptional customer reviews online and high referral rates. Included are $154,000 worth of equipment and $12,500 of inventory. Some financing and plenty of training will be provided by the current owner to ensure a smooth transition of ownership.
Financial Information
- $699,000 Asking Price
- $381,651 Cash Flow
- $1,102,581 Gross Revenue
- $500,000 Down Payment
- Yes Financing
Business Location
- City: Eastern ONtario
- State: Ontario
Financing Comments
- $100,000, for 36 months, at 7%
Reason for Sale
- Focus on other businesses.
Detailed information
- Year Established: 2009
- Home Based: No
- Franchise: Yes
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 3
- Part-Time Employees: 1
- Contractors: N/A
- Owner Worked Hours/w: 40
- Adjusted EBITDA: $321,651
- Inventory Included: Yes
- Inventory Value: $12,500
- Monthly Rent: $1,375
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Building Size: 1000
- FF&E Included?: Yes
- FF&E Value: $154,592
Training/Support
- Will train as needed.
Facilities
- Commercial business unit.
Market Outlook/Competition
- Great demand exists for these products / services in Eastern Ontario going forward.
Business Listed by
Chris Skowronski
Sunbelt of OttawaOTTAWON001-51698
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