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Wholesale / Retail - Home Renovation Industry
Location: Canada -> Manitoba -> Winnipeg
Industry: Retail > Home and Garden Retail




Business Summary

Selling a retail/wholesale business servicing the new home renovation industry. We have been in existence for 40+ years and have strong financials dating through recessions and building cycles.

Discretionary earnings average 350k. Asking price $800k for share sale with $250k retained equity and $150k value depreciated capital.

Good lease terms for long term security. Owner will stay 6 months to train. $400k unencumbered required. Bank financing ready to be put in place. Email, text 204-227-5453 or call.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,850,000
Cash Flow:   $350,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $400,000 - $500,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1972
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  6 months or greater
Reason For Selling:  Retirement




Print Listing Id: 700216848
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Related Searches: Catalog and Mail Order Retail  >  Clothing and Footwear Retail  >  Computers and Electronic Equipment Retail  >  Convenience Stores Retail  >  Florist Retail  >  Health and Beauty Supplies Retail  >  Home and Garden Retail  >  Movie Rental  >  Wedding and Formal Rental  >  Other Retail  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Manitoba Businesses For Sale > Manitoba Franchises For Sale



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