Established Canadian businesses - For Sale by Owner - in Canada
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Listing # 44903003
Business For Sale
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Building Supplies and Lumber Distributor in high growth area
$4,650,000.00 (Cdn)
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Business Location: South Central Ontario
Postal Code: L
Relocatable: No
Business Categories:
Building Materials & Hardware
Construction & Renovation
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The business is a superb opportunity for a community focused entrepreneur to follow in the footsteps of the current owner. Three generations of this family business prospered in the same location. Very consistent sales and excellent bottom line.
The Central Ontario location in a downtown retail area is extraordinary and new lease arrangements can be concluded with the owner's family. The current owner will stay for a suitable transition and give serious consideration to a VTB or earn out process. Motivation is retirement. Leased property includes: 13,000 sq ft main building and additional space in out buildings. 5 Acre lot with outside storage and easy access.
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The company has little or no debt and very well managed. The staff is expected to stay.
Price includes inventory of approx. 1.5 m. Working capital and assets.
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The market is diverse. Supplying to the construction of New Custom Homes and Cottages, Renovation and Commercial projects. The location is in a high growth area. The business enjoys a long list of long-term contractor clients and retail customers including in the hardware department. This success story is very transferable to new ownership. And the lifestyle is great! Normal working hours...no nights or Sundays, the town is a great place for families with excellent schools and family services.
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INCLUDED, EXCLUDED & OPTIONAL |
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- INCLUDED in the Price - |
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- All working assets
- Inventory 1,000,000 plus
- Working Capital
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Owned by the same family for three generations, this building supply company is located in a high growth area and enjoys a downtown location with retail exposure. Outside storage on a 5 acre site in midtown. 5200 sqft. plus of retail plus accessory buildings on site. Outside accessory storage permitted. Management will stay for a transition. No debt. Property is currently leased.
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- OPTIONAL & EXTRAS - |
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New terms available. Purchase of land possible.
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