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Long Established and Profitable Furniture Business

Listing Number: 3301-274769

Listing Details

Long Established and Profitable Furniture Business
Price: CA$1,500,000
Location: KWC Region, Ontario
  • Down Payment: CA$800,000
  • Sales: CA$3,031,094
  • Seller's Discretionary Earnings: CA$380,073
  • Inventory: CA$0
  • Furniture, Fixtures, and Equipment: CA$0
  • Employees: 10
  • Year Established: 50+
  • Reason for Selling: Retirement

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Business Description

For years, this proudly Canadian furniture retailer has grown into a well-recognized and respected name in the industry. Specializing in both classical and contemporary styles, the business offers an impressive selection of Canadian-made furnishings alongside select imported items. Each piece can be customized to meet individual tastes, ensuring a unique and personal shopping experience.

Key Features:
- Product Range: Extensive array of furnishings and home decor, with a strong focus on customized solutions.
- Sales Channels: Products are available both in-store and online, catering to a diverse clientele.
- Design Expertise: In-house sales and interior design team help customers navigate the multitude of options and personalize their choices.
- Competitive Edge: Known for competing effectively against larger brands through targeted marketing, excellent customer service, and a varied product lineup.
- Financial Health: Consistently strong financial performance backed by well-established management practices.

Opportunity: This is a prime opportunity for an investor or competitor in the furniture industry.

Next Steps: Interested parties must complete a Non-Disclosure Agreement (NDA) and Buyer Profile (BP). Qualified buyers will be invited to an introductory call before receiving the Confidential Information Memorandum (CIM).

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