Diversified Vacuum Retail and Service Business

Greater Toronto Area, ON (Relocatable)

Diversified Vacuum Retail and Service Business
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Asking Price: $550,000

Cash Flow: $250,000

Gross Revenue: $802,000

EBITDA: $175,000

FF&E: N/A

Inventory: $75,000

Established: 1985

Diversified Vacuum Retail and Service Business

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Business Description

This is one of the largest pure play retailers of vacuum cleaners and accessories in the greater Toronto area. The business has a diverse product offering and sells central and canister vacuums, floor polishers, accessories, carpet cleaning products and more. In addition, the business does installations and generates recurring revenue from servicing. Through 30 years of experience, the business has built a strong brand image and an extensive vendor network of over 25 brands including Panasonic, Electrolux, Canavac, Eureka and more. The business has a loyal customer base and generates new business from referrals and word-of-mouth advertising. In addition, the business has a professional website which has helped boost online sales. The business has performed well financially with overall revenue growth over the last five years. The business has diversified revenue streams with no seasonal trends. Moreover, the business has a five year average EBITDA margin of 14%.

The consumer electronics and household appliance retail industry in Canada is in its mature stage. Going forward the industry is forecast to experience modest growth driven by increasing consumer discretionary income and an increasing percentage of Canadians opting for individual housing.

This is an ideal opportunity for an individual buyer seeking to acquire a retail business with an established vendor network and client base and a strong brand image across the GTA.

Transaction Information:

Asking Price: $550,000
Revenue (2018): $802,000
Normalized EBITDA (2018): $175,000
Normalized Seller’s Earnings (2018): $250,000
Inventory: $75,000
Employees: 2

Detailed Information

Inventory:
Included in asking price
Employees:
2
Support & Training:
Will be provided as required
Reason for Selling:
Retirement
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Beacon Brokerage

Business Listed By:
Mohor Hatalkar

Beacon Corporation, Brokerage

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