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Listing ID: 2002081

Well Established,Profitable, 'Turnkey' Family Business For Sale

Ottawa, Canada

CA$ 350,000

(Furniture / Fixtures included)

Revenue: CA$ 500,000

Cash Flow: CA$ 120,000

Business Description

Well established,profitable,'turnkey' family business for sale in Eastern Ontario & Quebec markets.

Colour Restoration of log homes, cottages, house siding, decks & fences. Most deck companies refer us to finish their decks.

We make and resell our own stain and stripping products as well!.

Includes all 'client lists', maintenance plans in place, fleet of 6 'all equipped' trucks and contracts. Owner retiring but will assist first season. Top Management, sales staff and current employees happy to work for new owner.

Financing and full training available.

Available immediately. Call to view and discuss.
A+ BBB Rating
50% Financing Available to right Candidate
Canada's largest and oldest 'wood colour restoration' firm for houses,cottages,log home, decks & fences.

Property Details

Size:

1000 sq feet warehouse and large yard

Years Established:

25 years in Business. A+ BBB Rating

Property Type:

Real & Lease

FF&E:

CA$ 50,000

Inventory Value:

CA$ 5,000

Real Estate Value:

CA$ 350,000

Other Details

Premise Details:

Yard, large garage, storage and office and house (sold seperatly I of desired) $350,000

Competition:

A well established (25 years) and has no serous completion excepting small 'man with truck' operators. It has its own unique stain, Maintenance Program and 'system' to ensure repeat annual revenue from thousands of past and existing customers.

Expansion Potential:

Company is packaged & branded to Franchise easily across Canada if desired or add "Licensed Contractors' and sell our own exclusive stains and products to them.

Living Accommodation?

Yes
Yes, if property purchased seperatly.

Planning Consent:

National 'Licensed Contractors' is easily doable. Seller would like a 5% override on annual gross sales for a 10 year period on this as part of sale.

Operation Details

Employees:

10 seasonal Spring to Fall

Trading Hours:

April 1st to November 1st

Support & Training:

Full support and training, consulting and guidance by retiring owner. General manager (17 yrs) and sales staff (6 yrs) will stay on with the new owner.

Miscellaneous

Financing Available:

Yes
Seller will consider financing up to 50% over 3 years on a VTB to the right candidate. Simple 1%mo/12% annual interest.

Reason For Selling:

Owner Retiring

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