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Under LOI

Retirement - Building Supplies Wholesale Business For Sale

Revenue:

$2,900,000

Ref #:

1522

Location:

Greater Toronto Area

* Very profitable building supplies wholesale business established for more than 25 years

* Revenue of $2.9M in fiscal YE 2021 and average of $2.6 in revenue over past 4 years

* Average discretionary earnings of $535K over past 4 years

* Approximately $1,500,000 inventory included in the business price

* Business provide replacement parts to the clients of few major retailers across Canada

* Business has nearly 5,000 customers in its database, approximately 90% revenue comes from repeat B2B clients

* Provides great customer service to its clients and has become go-to wholesaler for trade contractors within its niche market

* Maintains inventory on hand for some of the products that are not easily available in the marketplace to provide one-stop procurement and delivery to its clients

* Business has earned many five-star reviews and ratings on third-party websites like Google

* Staff of 12 FT employees in place, some of whom have been with the business for nearly a decade

* Huge potential to grow business by implementing e-commerce platform, entering into other product lines whilst leveraging on the current client relationships and entering into US market

* Owner’s role in the business is to manage employees, finances, inventory management etc.

* Owner is past the retirement age, however, is willing to stay for up to a period of one-year to assist the buyer