Listing Number: 3301-176250
Description
For over 45 years, this proudly Canadian furniture retailer has grown into a well-recognized and respected name in the industry. Specializing in both classical and contemporary styles, the business offers an impressive selection of Canadian-made furnishings alongside select imported items. Each piece can be customized to meet individual tastes, ensuring a unique and personal shopping experience.
Key Features:
- Product Range: Extensive array of furnishings and home decor, with a strong focus on customized solutions.
- Sales Channels: Products are available both in-store and online, catering to a diverse clientele.
- Design Expertise: In-house sales and interior design team help customers navigate the multitude of options and personalize their choices.
- Competitive Edge: Known for competing effectively against larger brands through targeted marketing, excellent customer service, and a varied product lineup.
- Financial Health: Consistently strong financial performance backed by well-established management practices.
Opportunity: This is a prime opportunity for an investor or competitor in the furniture industry.
Next Steps: A Confidential Information Memorandum (CIM) will be available to select buyers upon execution of a Non-Disclosure Agreement (NDA) and completion of a Buyer Profile.
Listing Details
- Price: $ 1,800,000
- Down Payment: --
- Sellers Discretionary Earnings: $ 391,000
- Total Sales: $ 3,333,000
- Location: Waterloo Regional Municipality, Ontario
- Inventory: $ 0
- FF&E: $ 0
- Employees: 10
- Year Established: 45+ years ago
- Reason for Selling: Retiring
- Category: Furniture Retail
