Increasing Revenues & SDE through Pandemic. Urban Plumbing & Renovation, Heating & Water Treatment

Listing ID:
FTONCAN001-N63

Confidential, New Brunswick, Canada

Retail Trade

Listing Status: Active

Sunbelt of Fredericton

Phone: 1-866-766-1566

Description

The revenues of this business have grown significantly in the last five years and its SDE exceeded $700,000 in 2019. Throughout the COVID-19 pandemic business has benefitted from customers’ increasing demand for home renovation and improvement. Detailed financial information is available to June 2020. This established business operates from two retail/ showroom locations; in a prime urban and a busy suburban area. For customers within 100 km, it is a go-to business for heat pumps and central heating systems, vast selection of plumbing supplies, bathroom renovations and water treatment sales and service. Its reputation for customer service and competitive pricing is paramount. Financing is available.

Financials

Asking Price:$2,799,000
Revenue:$3,100,000
Cash Flow:$743,000
Downpayment: ON REQUEST
Monthly Payroll: ON REQUEST
FF&E Asking Price: ON REQUEST
Inventory Asking Price: N/A (Included in Asking Price)
Financing Available?Yes

Property

Type:Leased
Building Size:N/A

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1972
Year Acquired:1972
Full-Time Employees:8
Part-Time Employees:N/A
Reason For Sale:Retirement