Summary
- Asking price:
-
$950,000
(Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $616,887
- Cash flow:
- $109,000
- Years established:
- 22
- Employees:
- 5 full-time, 1 part-time
- Home based:
- This business can be run from home.
Business description
This “For Sale by Owner” countertop company has been providing homeowners, builders, contractors and designers solid surface and Corian products for 22 years. They have a solid reputation for quality products and workmanship, and they are in good standing in the community. Two major retail chains use this company exclusively by contract, for all Corian work on the island. It is anticipated that 4800 new homes, two new Home Depots and the largest Wal-mart in Western Canada are to be built. This speaks of long term economic growth and stability and population growth for the island. Contact now for details on this great business opportunity.
Property information
- Real Estate:
- Real Property Included
- Living accommodation:
- The 1.8 acre property and housing set up is an ideal situation. There are premises on site for the owner/manager that are currently undergoing $150,000 in renovations.
- Location:
- Owned/Included in the sale.
The 1.8 acre property and housing set up is an ideal situation. There are premises on site for the owner/manager that are currently undergoing $150,000 in renovations, rental income from the shop, rental income from the downstairs suite and possibly more rental income from the upstairs shop, making the location/set-up excellent for a home based business. Detailed property information
Other information
- Expansion potential:
- The upper floor of the shop is used as storage now but could be rented out for increased cash flow. The upper floor could also be converted into work space to enhance productivity of the existing countertop business thereby increasing sales. A satellite operation into the North Island would be a good opportunity to expand the business.
- Competition / Market:
- There is very little competition in this area.
- Support & training:
- Owner agrees to stay through a reasonable transition period.
- Reasons for selling:
- Other interest
- Financing available:
- There is no owner financing available.
- Furniture / Fixtures value:
- $50,000 (included in the asking price)
- Inventory / Stock value:
- $30,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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