Premium Natural Stone Supplier

$870,000

Sale of Business in Toronto, ON

Listing Details

Financial Details

About the Business

Competition:

Operating in a prime location among Ontario's leading marble establishments, this business has established a strong reputation and loyal client base since 2023. With a consistent growth trajectory and substantial profit potential, this business is well-positioned to maintain its market share and continue to thrive in the competitive stone industry.

Growth and expansion potential:

- Monthly sales exceeding $80,000 with a low cost of goods sold (16%) - Asking price includes a substantial inventory valued at approximately $400,000 - Expansive 2,850 sq ft showroom-gallery with state-of-the-art equipment - All equipment valued over $130,000 included in the asking price - Manageable monthly expenses, including wages ($4,300), utilities ($380), phone and internet ($45), and business insurance ($178)

Support and training for new ownership:

- One week of extensive training and support - Comprehensive overview of business operations, systems, and procedures - In-depth review of financial management, sales, and marketing strategies - Introduction to key suppliers, customers, and industry partners

Reason for selling:

The owner's relocation and pursuit of new ventures, combined with the dissolution of a family partnership, have created a distinct acquisition opportunity.

Description

A rare and exciting chance to own a premier natural stone wholesaler in North York, specializing in high-end materials such as marble, granite, onyx, and travertine. With an extensive selection of over 300 unique stone slabs, this esteemed business has built a loyal client base since 2023, demonstrating consistent growth and a strong reputation in the industry. Strategically located among Ontario's leading marble establishments, the business operates from an expansive 2,850 sq ft showroom-gallery, boasting an impressive 18-foot height clearance and efficient stone handling facilities. The facility is equipped with a new 5-ton rail-mounted gantry crane and a convenient truck level shipping door, ensuring seamless operations.

Location & nearby

This listing is located in Toronto, ON M3N 1X3

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