Specialty Flooring Distributor in Lower Mainland

Undisclosed Address, British Columbia
Business Opportunity for Sale
Catylist Listing ID: 30214745
Property Subtypes: Wholesale and Distribution
Building Size (RSF): 5,700 SF
Sale Price: $750,000
Gross Revenue: $875,000 (Annual)
Cash Flow: $105,000 (Annual)
Cash Flow Type: EBITDA
Relocatable Business: Yes
Last Updated: 7/16/2018

Overview / Comments

A family operated business wholesaling a wide range of specialty flooring to floorings dealers across BC and the construction industry. Operating from their warehouse in the Lower Mainland, the business imports a variety of flooring including engineered hardwood, vinyl, bamboo and laminate.
The transaction includes $500,000 of working capital of which $400,000 is inventory.

Additional Details

Industry Segment: Wholesale and Distributors
Reason for Selling: Retirement
Value of Inventory Included ($): $400,000
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Employee/Labor Description: Owner plus one part time employee. Owner's wife helps with book keeping.


Contact

Photograph of Listing Agent

Delon Cheung

Personal Real Estate Corporation
NAI Commercial Commercial First Member
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