The business is a member of a very well-known retail group since 1990. The business is located in a town of about 800 people and in an area bordered by oil country on one side and cottage country on the other. The oil industry continues to expand into the area and cottage developments continue to thrive. The business has no local competition with the nearest competitor some 50 kms away. The owner is nearing retirement age.
The company offers a full line of both hardware and building products. The company employs 6 full time employees (including the owner) and 2 part time employees. The company owns the land and buildings that house the complete operations.
The shares of the company are being offered for sale. Over the period 2007-2011 the company saw average sales of about $2.23 million and EBITDA of about $240,000.
For more information please contact:
Michael Grace at mgrace@sasktel.net
Kingsmere Capital Advisory
Tel: 306 227-6989