North Vancouver Island, British Columbia, Canada, ID 149040
Here’s an exceptional opportunity to acquire a well-established flooring business with over 20 years of profitable operations on Vancouver Island. This turnkey company operates from a professionally designed, high-exposure 6,880 sq. ft. retail showroom (leased) with warehouse access, ample customer parking, and an additional owned storage unit. The business offers a full range of floor coverings, including hardwood, carpet, vinyl plank, tile, and laminate, supported by in-house design services and a curated showroom experience. Affiliation with a leading national buying group provides pricing advantages, exclusive supplier terms, centralized billing, and national marketing programs. Multiple revenue streams, including retail, builder, and insurance clients, ensure diversified and consistent cash flow. A skilled team of staff and long-tenured subcontractors is already in place, allowing the owners to operate efficiently. The current owners are willing to remain post-sale to ensure a smooth transition, and one silent partner continues to provide installation services as a sub-contractor. This business is ideal for a hands-on operator or a regional player seeking growth through acquisition. Annual revenue ranges from $2.4M to $2.7M, with discretionary earnings of $250K. Inventory is sold separately at landed cost at closing.
