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Asking Price$1,200,000
Revenue$2,592,000 Established1987
Cash Flow$234,000 Employees5 full, 2 part
FF&E$250,000* FranchiseNo
Inventory$450,000* RelocatableNo
Real Estate$450,000 Home-basedNo
* Included in Asking Price
Profitable, established business for sale in Timmins providing large product offering including building materials, lumber, and hardware to contractors and DIY retail customers. The business is part of a well-known buying group to take advantage of purchasing contacts and a strong market brand. Current owners have been preparing for retirement and recently invested significant amount of time and money improving systems and implementing strong management. The asking price includes $450,000 in Inventory.The real estate is also available and is comprised of a 3,500 sq ft retail location as well as 33,000 sq ft of warehousing space. Discretionary Earnings calculations below are after deductions for FMV Rent of $63,000 that a new buyer could put towards a mortgage/loan.
Training/Support:Training will be provided to ensure a successful transition
Seller Financing:Seller financing available
Sale Reason:Retiring, will provide training to ensure successful transition
Ad #85829
Seller Reference #NORTHON001-N49
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Steve Renelli
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