Retailer of Fireplaces & Accessories

Undisclosed Address, British Columbia
Business Opportunity for Sale
Sale Pending/Contingent
Catylist Listing ID: 30351109
Property Subtypes: Retail Stores
Status: Pending/Contingent
Building Size (RSF): 13,000 SF
Sale Price: $1,950,000
Gross Revenue: $3,900,000 (Annual)
Cash Flow: $484,000 (Annual)
Cash Flow Type: EBITDA
Last Updated: 12/17/2018

Overview / Comments

Great opportunity to take over well established retail business specializing in fireplaces, bbqs and other heating accessories. Out of their 5,000 SF showroom that has been on the same location for nearly 40 years, the business has successfully grown to became one of the largest fireplace dealers in the Fraser Valley and Lower Mainland. The business carries premier products of all the major brands including Regency, Valor, Enviro, Town & Country, Pacific Energy.

Additional Details

Industry Segment: Independent Stores
Reason for Selling: Retirement
Value of Inventory Included ($): $1,500,000
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: New lease available or property can be purchased for $2,500,000
Employee/Labor Description: Management and experience staff in place. Owner is absentee.
Mgmt/Training Support Description: The vendor will provide a suitable transition

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Contact

Photograph of Listing Agent

Delon Cheung

Personal Real Estate Corporation
NAI Commercial Commercial First Member
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