Business Overview
- Specialized direct supplier of custom mill work and flooring products, established in 2008, with significant growth potential.
- Operates a large manufacturer supply chain, offering products through well-established online platforms and installations in Halifax area.
Financial Highlights
- Revenue: Demonstrated steady growth with $1.79M net in 2022 and nearly $2M for 2023.
- Profitability: Strong gross margins with SDE of $305K for 2022 and $378K for 2023.
- Assets: Business comes with over $100k in equipment and $150K in inventory
Human Resources
- Efficient operational structure with a skilled team, including 4 employees, ensuring high productivity and low overhead.
Unique Selling Proposition (USP)
- Acquisition Opportunity: Ideal for buyers looking for a turnkey business with growth potential.
- Recession-Proof Sector: Demonstrated ability to thrive even in economic downturns.
- Direct importing plans set to significantly boost profit margins by cutting out intermediaries.
- Customer Satisfaction Focus: High retention rates indicative of outstanding service quality.
- Business sells product across Canada with warehousing in Nova Scotia, Ontario and BC.
Client Portfolio
- Broad customer base with consistent acquisition of 75 new clients monthly, showcasing strong market demand and brand reputation.
- Diverse revenue sources with a focus on multiple products, reducing reliance on any single market segment.
Transition & Future
- Flexible Sale Terms: Open to discussing seller financing under favorable conditions.
- The seller is looking to sell majority stake in the business while transitioning and helping the buyer acquire the whole business.
