Profitable Kootenay Flooring Business

Business Opportunity for Sale
Catylist Listing ID: 30197503
Property Subtypes: Retail Stores
Building Size (RSF): See Agent
Sale Price: $595,000
Name of Establishment: NuFloors Creston
Business Website Address:
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Relocatable Business: Yes
Sale Terms: Vendor will finance a qualified buyer
Last Updated: 8/17/2018

Overview / Comments

The long time owners of NuFloors Creston have decided to sell their very profitable and well established business to semi-retire. The business offers a wide range of flooring and window covering products along with installation. This is the first time this business has been offered for sale. The business is very well located in attractive premises which the owners will lease back to the purchasers on a triple net basis. The sale includes equipment, displays, samples but does not include inventory which averages approximately $300,000. Both sales and net profit have shown consistent growth over the past four years with sales well exceeding 1.0M dollars. This is a very well established business which competes very strongly in the Creston Valley. The owners will provide extensive training to a buyer. They will also assist with financing for a qualified buyer.
This is a turn key opportunity which is very profitable.

Additional Details

Nearest CMA: Cranbrook
Regional District: Central Kootenay
Industry Segment: Other Retail Stores
Reason for Selling: Retirement
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0


Photograph of Listing Agent

Ronald Palmer

Fair Realty Commercial First Member
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