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Semi-Absentee Owner - Building Supplies Business For Sale In Barrie - Ref # 40359

  • 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

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