Very Busy Flooring Company For Sale

Property Information

Real Estate:

Lease

Lease Terms:

Five year lease. Price only includes base rent and TMI, building maintenance and utilities paid by my company.

Leasehold Rent:

$2,250 (CAD) per annum

Location:

Property is located in Vaughan main office, we do primarily commercial construction and most projects are in or surrounding Toronto area, but we have travelled occasionally.

Premises Details:

Office and warehouse is located in Woodbridge approximately 1500 square feet. 600 square feet office 900 square feet Warehouse. Contains two private offices, reception area, Lobby, kitchen area, eating area, bathroom

Size in square feet:

1,500

Business Operation

Expansion Potential:

Expansion is very easy to do this is why I'm looking for an operation partner, I've had no interest in expansion for the last several years, under my guidance revenues were double and triple within five years

Competition / Market:

Other flooring installation companies such as sterling tile, global tile, adler tile.

Reasons for selling:

To free up more time for myself to explore other avenues in the near future.

Trading hours:

Primary office hours are from 8 to 4 Monday to Friday, our installers will work as our contractors need which could be any part of the day, including weekends and holidays. Depending on the construction schedule or whatever job we're on.

Employees:

Sub trades goes from 10 to 30 depending on slow season I'm busy season

Years established:

2010

Other Information

Support & training:

I will train the new working partner until the date I see this person can take control of the company. Approx 1 year

Furniture / Fixtures value:

$40,000 (CAD) - included in the asking price

Inventory / Stock value:

$10,000 (CAD) - included in the asking price

Website:

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Home based:

This business can be run from home.