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Central Vacuums Distributor In Toronto For Sale

Greater Toronto Area, Ontario, Canada
Asking Price:
$400,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$545,000 (CAD)
Cash Flow:
Available on request

This company offers central vacuum solutions for every type of home or business including condos with limited or no storage space and builders incorporating central vacuum systems into their construction.
The company distributes Central Vacuum systems for a manufacturer of high-quality products, established in 1945 and a leader in the tubular products and central vacuum industries.
Its professional installation specialists follow ASTM standards to ensure every system is installed correctly, the first time, and Professional Service specialists attend to all in-home service-related needs, or vacuum equipment may be brought to the shop for repair.

Property Information

Real Estate:

Lease

Lease Terms:

Current lease has expired and is presently on a month-to-month basis. The company has leased from this Lessor for 20 years and there is a very good existing relationship. The Landlord would be prepared to deal with new owners for a 3, 5 year or longer lease.

Location:

Centrally located close to the 401 highway and convenient for accessing major highways – 401, 404, 407, 400 and 410.

Premises Details:

2900 square feet in a very established strip mall with 30 businesses, many of which have been located in this area for 20 – 30 years. The space has a reception area and showroom for retail sales and meeting with clients 6 days a week, sales office, accounting office, owner’s office with meeting table, kitchen, men’s and women’s washroom, and the warehouse area is at the back with a loading dock. Inventory can be received 5 days a week so very substantial growth can take place without increasing costs as more warehouse or sales space is not necessary.

Size in square feet:
2,900 sq. ft

Business Operation

Expansion Potential:

Homeowners, including condos, or commercial locations all require vacuum systems.
Builders are increasingly incorporating vacuum systems into their construction.
Expansion can be done with service in homes, marketing more aggressively with modern technologies such as Mailchimp or Constant Contact to the company’s large software client base with 11,000 email addresses of existing clients and/or quotes for new business.

Competition / Market:

Central vacuum brands are numerous. ALL have the same system.
This company has the reputation for offering the best central vacuum systems from very small, inexpensive systems that are quiet, require very little space with no exhausting of dust into indoor environment, to the dual motor, top of the line vacuums for penthouse installations.

Reasons for selling:

Retirement Planning.

Trading hours:

Monday – Friday, 8am – 5pm
Saturday 9am – 4pm Sunday Closed

Employees:
2 plus Contractors for installations. Ideal for husband/wife team.
Years established:
14

Other Information

Support & training:

The Seller will train a new owner and this can be discussed and provided.

Relocatable:
This business can be relocated.

Contact RE/MAX Real Estate Centre inc., Brokerage

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