45+ Years Well-Established Furniture Retailer

Waterloo Regional Municipality, ON
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Asking Price:$1,800,000
Gross Revenue:$3,333,000
Cash Flow:$391,000
Established Year:1979
BUSINESS DESCRIPTION

Profitable business with growth opportunities

For over 45 years, this proudly Canadian furniture retailer has grown into a well-recognized and respected name in the industry. Specializing in both classical and contemporary styles, the business offers an impressive selection of Canadian-made furnishings alongside select imported items. Each piece can be customized to meet individual tastes, ensuring a unique and personal shopping experience.

Key Features:
- Product Range: Extensive array of furnishings and home decor, with a strong focus on customized solutions.
- Sales Channels: Products are available both in-store and online, catering to a diverse clientele.
- Design Expertise: In-house sales and interior design team help customers navigate the multitude of options and personalize their choices.
- Competitive Edge: Known for competing effectively against larger brands through targeted marketing, excellent customer service, and a varied product lineup.
- Financial Health: Consistently strong financial performance backed by well-established management practices.

Opportunity: This is a prime opportunity for an investor or competitor in the furniture industry.

Next Steps: A Confidential Information Memorandum (CIM) will be available to select buyers upon execution of a Non-Disclosure Agreement (NDA) and completion of a Buyer Profile.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
15,000
Employees
10
Support & Training
4 weeks
Reason for Selling
retiring
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Mohammad
Shafi
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Mohammad Shafi