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Very Busy Flooring Company For Sale

Greater Toronto Area, Ontario, Canada
Asking Price:
$850,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1M - $5M (CAD)
Cash Flow:
$250K - $500K (CAD)

Flooring installation and sales company for partial sale, leading to majority buyout . 90% commercial work 10% residential work. 750K in signed PO for 2022 so far with more every week.

Over 11 years in operations. Located in Vaughan, serving primarily Ontario. But have completed jobs throughout Canada. Major clients include most retail Mall stores and most fast food restaurants.

Lease 5 years 2250 a month. I am looking for a working partner, I would like to take a step back and become more of a silent partner in my business over the coming years, you must have construction management experience or considerable business experience (preferably contracting )you must own a vehicle, you must be able to read, speak, write in English fluently, you must have a high intellect and be able to react fast and make quick decisions.

Company profit half million year consecutive for past 7 years .

For more information, please contact us by using the form below.

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.

Contact Seller

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