Hydroponic and Indoor Gardening Specialty Retailer

Hydroponic and Indoor Gardening Specialty Retailer

Hydroponic and Indoor Gardening Specialty Retailer

LISTING DETAILS

Listing ID: 3214
Type of Sale: Asset
MLS Code: Exclusive
Industry: Food / Beverage / Agriculture
Reason for Sale: Personal
Training & Support: Yes
Asking Price: $179,000

ASKING PRICE
$179,000
DESCRIPTION

A great opportunity to own a turnkey and established specialty wholesaler/retailer of hydroponics and indoor gardening equipment and supplies, Operating successfully for over 17 years, Has a profitable online store and retail storefront located in a prime location of North York, Toronto close to Major Highways, Business is well-positioned to grow in the new legal cannabis market (for hobbyists and commercial sales), Since 2017 has been selling selected products through its Amazon store, Warehouse/storefront is 2,500 sq.ft and is modern and well-maintained with no upgrades required, All furniture and equipment in excellent condition, Very large database of loyal and active customers of 15+ years, Excellent suppliers and a competitive advantage from buying power that stems from long-term relations with leading industry wholesalers and manufacturers, Stellar profits that are steady and GROWING with year-round demand, Increasing customer demand with new Government Regulations

COMPANY INFORMATION

Year Established: 2003
Days & Hours of Operation: Mon, Tues, Thur-Fri 10am-5pm | Sat 11am-5pm

Franchise: No
Square Footage: 2,500 sq ft
Monthly Rent: $2,900 pm (incl TMI) + HST

FINANCIAL INFORMATION

Gross Revenue: $323,000
SDE: $105,000

FFE Included: Yes

Inventory Included: No

Financing/Terms: Financing Can Be Arranged For The Right Candidate

DISCLAIMER

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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