Description

Profitable, established business for sale in Timmins providing large product offering including building materials, lumber, and hardware to contractors and DIY retail customers. The business is part of a well-known buying group to take advantage of purchasing contacts and a strong market brand. Current owners have been preparing for retirement and recently invested significant amount of time and money improving systems and implementing strong management. The asking price includes $450,000 in Inventory.The real estate is also available and is comprised of a 3,500 sq ft retail location as well as 33,000 sq ft of warehousing space. Discretionary Earnings calculations below are after deductions for FMV Rent of $63,000 that a new buyer could put towards a mortgage/loan.

Posted Jun 1, 2016

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