Multiple, Strong Revenue Streams: Restaurant Supply; Sales & Install of Heating, Cooling Systems

Listing ID:
STJOHNB001-N36

Confidential, Prince Edward Island, Canada

Wholesale Trade

Listing Status: Active

Sunbelt of Saint John, New Brunswick

Phone: 1-866-766-1566
Fax: 1-506-658-6444

The following broker is assigned to this listing:

Mike Byrne

mike.bryne@sunbeltcanada.com

Description

This established business consistently flourishes with projections for continued growth. An Atlantic Canada leader in restaurant supply and design; the business also has strong and growing revenues in the sale and installation of recognized heating and cooling systems AND top-quality propane fireplaces. Servicing both the commercial and residential markets, the business benefits leading participation in major buying groups. Located in Prince Edward Island, it services all of the Atlantic region. Asking price includes the business, inventory and real estate which is valued at $1.2 million.

Financials

Asking Price:$2,200,000
Revenue:$1,290,000
Cash Flow:$183,000
Downpayment: ON REQUEST
Monthly Payroll: ON REQUEST
FF&E Asking Price: ON REQUEST
Inventory Asking Price:$300,000 (Included in Asking Price)
Financing Available?Yes

Property

Asking Price:$1,200,000 (Included in Asking Price)
Building Size:5000 sq ft

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1993
Year Acquired:1993
Full-Time Employees:10
Part-Time Employees:N/A
Reason For Sale:Retirement