Closet and Storage Retail & Installation Business

In business for 22 years, operating in a high-end, high-traffic plaza in West Toronto, this business has been consistently grossing over $500,000 in annual sales (and over $150,000 in profit to owners). The core business is retail of storage related items (closets, drawers, hangers, organizers, shelves, etc.) and closet home installations. It is an easy-to-learn business, with very attractive profit margins, particularly on the installation component of the business. It is a service-oriented business targeted towards upper-middle to high-end home owners looking for customized shelving and closet solutions. Thus, it is a complementary rather than competing business to large big box stores like IKEA or Home Depot. The business has a great potential for further improvement by introducing a website, increasing advertising and repeat business to its already loyal customer base. Owner is motivated to sell this profitable and well-established business after the last two years he has battled with a serious health issue.
Highlights about this opportunity:
- In business for 22 years
- Excellent plaza anchors
- Easy to run business
- Located in a high-end neighborhood
- Loyal customer base
- Established brand name
- Closet organizing – growing industry in Canada
- Great supplier relations

For more information contact Alex Shteriev