Well-established water specialty store

$329,900.00

Kitchener  Southwestern Ontario,  N2A

Contact Information

katiejor@gmail.com

Business Type

Franchise

Business Category

Retail    Health & Beauty

Sales Revenue

$397,406.00

Cash Flow

$69,408.00

Main Description

Award-winning water specialty retail franchise, with solid top and bottom-line growth over last 5 years. We specialize in water problem-solving.

General Information

There are optional extras as part of this sale, which are negotiable: desks (2), file cabinets, kitchen fixtures, book shelves, server and second workstation (recently upgraded), business software, 2 ergonomic office chairs, persian rug, shop vac, step stool, outdoor letter board with double letter set, trade show signage, laminator, spare stainless steel transfer pumps for water room (2), washroom supplies, u-fill cabinet and towel supply, Lamotte water test kits (2),shopvac,Persian rug

Financial Information

available on request- confidentiality agreement completion required

Included in Sale

Numbered company share sale- NOT an asset sale. Included: inventory, sales literature, branded product line, supplier lists and established credit limits, fully trained employees (4), leasehold improvements, detailed customer database with e-mail addresses, sales processes, training materials, home office support, complete commercial 7000 gallon/day water room, established social media sites, 2005 Dodge Caravan- professionally signed/logo'd

Market Description

Primary market: water treatment- residential homeowners. Competitors: 3-4 key (Culligan, Ontario Soft Water, Ecowater), Secondary competitors: local plumbers, big box stores (Costco, Lowe's, Rona, Home Depot, TSC) with questionable equipment quality and little to no formal training of staff in water treatment solutions and trouble-shooting. Water U-fill market: competitors- Crystal Clear (recently down-sized one location), Water Smart (recently closed second location, coin-op dispensing- gas stations (not staffed), several independents. This franchise continues to grown and prosper, while our competition is down-sizing= increasing market share due to our reputation for quality, service and customer loyalty.

Reason for Selling

Owner retiring to operate on-line business in non-related market.

Province/Region

Southwestern Ontario
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