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The Brick Franchise Store in Cottage Country for sale in CAN

CANADA (CAN)

Asking Price: Gross: Cash Flow:
$ 1,295,000 $ 2,700,000 $ 262,000

Furniture and Fixtures Value:
$ 14,172 (included in the asking price)

Inventory Value:
$ 243,000 (included in the asking price)

Real Estate:
(included in the asking price)

Business Summary:
THIS IS A CONFIDENTIAL LISTING: PLEASE CONTACT THE BROKER AND NOT THE STORE OR FRANCHISORThis is a rare opportunity to acquire an existing location of The Brick. With the closest franchise store being over an hour away, enjoy the exclusive territory this location has to offer. Friendly, experienced sales staff are experts on the ins-and-outs of home decor and will allow for a smooth transition of ownership. With a wide selection of available items and shorter delivery wait times than the local competitors, The Brick brand and pricing can’t be matched in the surrounding competitive market. The Brick’s quick and easy financing program allows customers to be approved for up to $20,000 in financing in minutes, allowing a more customers to purchase products with ease.For over 50 years, Canadians have trusted The Brick to furnish their homes. They are known nationwide for selling high quality household furniture, mattresses, appliances and home electronics at great prices. This particular location has been open for over 15 years with a loyal repeating customer base. You’ll have the benefit of being a destination store many people travel to, right on the shores of Lake Huron. In addition to all the benefits of this particular location, you will have the advantage of having access to The Brick’s advanced supply chain system allowing for easy, organized operation. With The Brick’s flexible inventory model, the franchisee does not need to house inventory, maximizing building space and streamlining costs.The Brick has embraced the latest technology throughout their stores, providing innovative and interactive experiences for customers. With point-of-sale iPads, iPhones for inventory management, digital signage with up-to- date price tags, and touchscreen shopping, the ease of ordering on both the customer side and employee side is unmatched.The owner wishes to sell both the business and the building together. If the buyer does not buy the building as well, it will be sold separately and the broker will assist the buyer to negotiate a long-term lease for the building. This industrial building is 12,000 square feet situated on 2 acres of land. The asking price only reflects the price for the business.Franchise Highlights: On track to achieve $2,700,000+ in Revenue. Exclusive territory in South Western, Ontario. Destination store in Cottage Country brings many customers to you. Cutting-edge supply chain management organized by head office. Advanced integrated technology systems to allow for easy operation and inventory management Best-in-class marketing support from head office 12,000 sq ft building to lease or buy. 2 Acres of land Loyal, repeat customer base.

 

   
Year Business was Established: 1987
   
Number of Employees: 8  
   
Reason for selling: Retirement  
   
Seller Reference Number: P010
BusinessMart.com Listing Number: 307495
 

 

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For more info contact:

Robert Mitchell

Premium Mergers & Acquisitions
519-820-9043

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