Exceptionally Positioned Retailer of Therapy Products

Price: $1,199,000

Annual Revenue: $1,450,000

Minimum Equity Required: $500,000

SDE: $445,000

Location: Nova Scotia

Industry: Retail, Services

ID: 1413

Status: New

Description

With over 40 years of providing quality products and services, this well established retail business offers a focused range of products and services focused on the backyard therapies many desire and enjoy.

Located in a high-traffic area of HRM, a growing and loyal customer base, this business and industry is known for a few highs and lows in revenues over the last decade years. This business provides its owner with consistent profit margins and meaningful net profits in the 30% range.

There are ample opportunities for growth and diversification, for those who may be into outdoor furnishings, landscape construction, pool construction, hardscaping, renovations, etc....or, simply stay focused on the current product line and leverage your sales and/or marketing skills to grow the customer base. Regular training programs provided by dealers/suppliers support the staff to provide experienced and knowledgeable service to its customers.

The seller is tired and has not been putting the effort and energy into the business as has been done in many years past. With some new energy and commitment to delivering a meaningful service experience, your acquisition of this reputable brand in this specialty industry will start out on solid foundation with meaningful growth potential.

The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.

By completing the NDA and becoming adequately qualified, you will be be sent a full Offering Memorandum that will answer most, if not all, of your questions when the listing becomes live.

Financial Information

Financial Information with year end December 31:

Revenue COGS
$ 1,282,000 2023 53%
$ 2,002,357 2022 53%
$ 1,634,646 2021 52%
$ 1,430,333 2020 48%
$ 1,054,000 2019 53%
$ 1,666,000 2018 57%
$ 1,085,000 2017 56%

Average: $ 1,450,619 & COGS 53%

* Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.

** Please refer to our Minimum Equity requirements. Our expectations are for a buyer to be "capable" of making a minimum 35% down payment on the final negotiated purchase price, to be considered truly qualified. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

Operations

The business operates from a highly visible 5,200 ft.² ground floor showroom and storage + 900 ft.² Office Mezzanine, where the local community and all those travelling by are able to easily recognize and patronage the operation. There is more than enough space for additional products to be displayed. Building serviced by on-site septic and water.

* Gateway Business Brokers operates as an independent contractor and is not an agent, employee, partner or broker of the Seller, Buyer or any other party and does not owe fiduciary duties to prospective Buyers. If the business Purchase involves a transfer of real estate, of any kind, the Buyer/Purchaser shall obtain the services of a licensed lawyer for the conveyance and land or lease transfer element(s) of the transaction.

For more information on this listing, please complete our Non-Disclosure Agreement

For more information on this listing, please complete our Non-Disclosure Agreement

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