Very profitable building supplies business established in Barrie since 2005

Normalized seller discretionary earnings of $230K in YE 2020; Average revenue over $1M in last 4 years

Business sells high end building material that is not found in regular and national chain stores

Also provides installation services through subcontractors

Provides great customer service to its clients and has become go-to building supplies store for property owners, property managers, restoration companies and small businesses in Barrie and Simcoe area

Business has won many awards and has over one hundred five-star reviews and ratings on third-party websites like Google,  Facebook etc.

Low cost of operations, maintains very low inventory of only 10K or less

Staff of 2 employees and between 4 and 5 subcontractors capable of running business with low owner involvement.  Manager works on a commission structure and is incentivized to produce results for the business

Huge potential to grow business by leveraging the current brand, increasing advertising spend and venturing into e-commerce space or entering into other geographies

Currently operates from facility owned by the seller however business will need to be relocated before end of 2022

Seller works 20-25 hours a week in the business and spends rest of his time on other business ventures and is willing to stay as a consultant for a negotiable period of time