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The Brick Franchise Store In Cottage Country For Sale

Southwestern Ontario, Ontario, Canada, ID 204373

The Brick Franchise Store In Cottage Country For Sale 1
The Brick Franchise Store In Cottage Country For Sale 1
Asking price:
CAD$1 295 000
Cash Flow (per year): $262 000 cad
Sales Revenue: $2 700 000 cad
Owner
Owner's representative

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Description

Business type: furniture, mattress, appliance and home electronics retail franchise

Franchise brand: The Brick

Location: Southwestern Ontario

Trading history: more than 15 years

Current status: established operating franchise

Financial information

Projected annual revenue: more than $2,700,000

Projection basis: seller-provided estimate

Asking price: business only

Products

  • Furniture
  • Mattresses
  • Appliances
  • Home electronics
  • Home furnishings
  • Home décor

Customers and market

Customer base: established

Repeat customers: established

Destination retail traffic: established

Market setting: cottage country near Lake Huron

Customer draw: surrounding communities

Franchise

Exclusive territory: established

Protected territory: established

Nearest competing franchise location: more than 1 hour away

Head office marketing support: available

Centralized supply chain management: established

Inventory management model: flexible

On-site inventory requirement: reduced through franchise supply chain

Staff and operations

Experienced sales staff: in place

Home furnishing product knowledge: established

Delivery times: stated as shorter than local competitors

Operating systems: established

Technology

  • Point-of-sale devices
  • Mobile inventory tools
  • Digital signage systems

Property

Building size: approximately 12,000 sq. ft.

Land size: approximately 2 acres

Building: available for purchase

Land: available for purchase

Business and property: may be purchased together

Property purchase price: not included in the stated business asking price

Building lease: may be negotiated if the property is not purchased

Long-term lease arrangement: possible

Broker assistance with lease negotiation: available

Further information

Listing status: confidential

Business broker contact: required for inquiries

Direct business contact: not permitted

Direct owner contact: not permitted

Details

Real Estate: Lease
Equipment cost: 14 172
Employees (ppl): 8
Reason for selling: Retirement
Support from seller: Full transition support from seller
Square m2: 1114
Asking price: 1 295 000 cad
Cash Flow (per year): 262 000 cad
Sales Revenue: 2 700 000 cad

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