Office Furniture Retailer

Category: Retail
Address:
City: Calgary
State: AB
ZIP:
Full Price: $970,000
Down Payment: $970,000
Annual Gross Sales: $2,400,000
Adjusted Annual Profit: $350,000
Status: Sold

Additional Features:

Inventory: $170,000 Furniture, Fixture and Equipment: $10,000

Chinook Business Brokers is proud to offer for sale a high growth, profitable new and used office furniture retailer housed in a 24,000 square foot warehouse / showroom in the City of Calgary. The company grossed over 2.5 million in 2013 and is on track to increase revenues to over 3 million this fiscal year. In addition to great annual sales figures, the firm boasts impressive margins. The company booked over $400k in pre-tax profits in 2013 and shows a stellar 350k EBITDA. The showroom / warehouse was built to suit for a furniture company with 2 loading docks and numerous storage racks. The owners have negotiated a fantastic lease rate of only $7.25 / square foot with good renewal options in place. The majority of the stores customers are Calgary based corporations, many are repeat clients with long standing relationships with the firm. The company maintains a customer database with over 3000 names.

The staff is long term and well trained, making this a great opportunity for a new owner from within or from outside the office furniture industry. The company is riding the wave of the booming Calgary commercial market in both the new and used office furniture space. This is a truly great opportunity to take over a well-managed firm in a growing industry in a thriving city.


Do you want more information about this opportunity?

The Seller knows that to sell the business he will have to share information with the Prospective Buyer that otherwise he would prefer kept away from both the public and the other stakeholders such as employees, suppliers or customers. Because of this, we insist that any confidential information is only shared with prospective purchasers who are genuinely interested in procuring a business. To maintain the level of confidentiality necessary to complete a transaction of this nature we require that prospective buyers complete a non-disclosure agreement. By clicking agree below, you, the prospective purchaser, agree not to share anything you learn about the business with anybody other than your lawyer, accountant or other professional advisors; and you also warrant that these people will also be bound by this agreement.

You also agree that you will not approach the business owner, staff or management without the express consent of the Broker. You understand that you, the Prospective Buyer, will be held accountable for any damages to the Seller arising from the disclosure of information to any other party contrary to the agreement.

If you prefer not to complete the webform below, we understand, and ask that you download, complete, sign and forward the completed PDF document to info@chinookbusinessbrokers.ca or fax to 888-812-4109 attention Keith MacKenzie.

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