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Industrial & Construction Supplies
Location: Canada -> Alberta
Industry: Wholesale and Distribution > Wholesale and Distribution




Business Summary

This business was established in 2014. The sales are continuing to increase on a monthly bases. The sales for this business should be over 1 M by the coming year end (March 31st 2019). The sales for the previous year end were $ 864,146.00. This is currently a Franchise operation which can be purchased with out the Franchise should the buyer want to which would expand the sales area and in turn the sales. The royalties are in the area of 2% of sales would not have to be paid should the Buyer want to operate as an independent. These sales are being achieved with one sales person (owner) one person who works in the premises and two part-time people working about 3 days a week each.
Now is the time to purchase this business with the sales increasing and the economy in Alta starting to grow. The premises are currently on a one lease but a new lease could be obtained for a longer term is needed to the satisfaction of a new owner for what ever time period they would require.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,037,200
Cash Flow:   $133,249
Cash Flow Type:  EBITDA
Inventory:  $70,000
Seller Financing:  No

About The Business

Year Established:  2014
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  4 weeks from removal of conditions on the offer
Reason For Selling:  The owner has a second business he had established before this one and does not have the time to handle both.




Print Listing Id: 700324104
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Related Searches: Wholesale and Distribution  > 

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



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