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Listing ID: 2551993

Cabinet & Painting Co For Sale

Edmonton, Alberta, Canada

CA$ 1,425,000

(Furniture / Fixtures included)

Revenue: CA$ 1m to 5m

Cash Flow: CA$ 475,000

Business Description

Located in Edmonton, this well established, profitable business operates out of a store front design center with warehouse attached and offers 14 years of success using procedures developed by the owners.

Inventory /consumables are low 6 figures. Cabinet sales are “semi”-custom with a customer deposit required prior to ordering, this means faster delivery (2-3 weeks), lower on-hand inventory and reduced cash flow requirements.

Financial statements and equipment list are available for qualified buyers.

Accounts receivable has no bad debts and all receivables listed have deposits and dates of delivery or installation.

There is a low economic impact on Sales due to targeting a specific mid to high income niche market and offering only high quality products & services.

Several websites are included that have had top #1 position organic ranking for more than 13 years.

Included,
• trucks/trailers & installation equipment; maintenanced & good working order
• retail displays, racking, office furniture
• warehouse racking, equipment, forklift
• websites, established name, domain names, trade marks
• computers, server, phones and software, alarm equipment
• vendor, supplier, customer lists
• proprietary unique delivery system
• policy & procedure manual

Property Details

Size:

currently, 12,000 sq ft

Years Established:

Est 2004

Property Type:

Lease

Other Details

Business Location:

Edmonton

Premise Details:

Building is leased, expires late 2017, transferable & available to new owners.

Competition:

There are no comparable “full-time” competitors in Edmonton.

Expansion Potential:

Growth potential has been achieved and demonstrated when increasing staff using the same infrastructure; sales numbers follow staffing changes. There are also additional markets to enter with same vendors that the current owners have not.

Operation Details

Employees:

5

Trading Hours:

M-F

Support & Training:

Employees are excellent with years of training and can be asked to stay. Owners are selling because they are ready to retire. They will stay for a reasonable, agreed time (for same wage) to train for new owners.

Miscellaneous

Reason For Selling:

ready to retire

Contact this seller

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