Company specializing in carpets for stairs and custom carpets

Carpet sales and installation company.
Well known since 1957 and still growing.
This company, which has developed unique expertise in the sale and installation of floor coverings and particularly carpets for stairs, is also specialized in custom carpets.
The products are all of high quality (mid to very high-end) often imported,
some of which are even handcrafted.
Very profitable with a quick return on investment.
Turnkey for a professional, an entrepreneur or an investor.

GENERAL INFORMATIONS

Type of Business: Sale and installation of carpets
Type of property: Sale of business / Goodwill
Sector of activity: Retail / Manufacturing and processing / Wholesaler / Services
Reason for selling: Retirement
List of equipment available: Yes
Date, deadline for signing deed of sale and occupation: 30 days or more
Involvement of the seller after the sale: Available to succeed in a perfect transmission of his business for up to two years.
Conditions of financing by the seller: Free assistance with the financial arrangement of MayDay Strategie, possible participation and possible balance of sale.
Inclusions: 1° the name; (2) traffic; 3° all the rights and privileges related to the identification of the enterprise (telephone number, signs, advertisements, trademarks, etc.); 4° all movable property, apparatus and equipment used in the operation of the Enterprise; 5° The Company’s stocks of merchandise are included in the sale and in the price.
Exclusions: 1° accounts receivable; (2) accounts payable and debts; 3° bank accounts.

COMPANY DESCRIPTION

In operation since 1957, since 1981 with the same family and since 1997 with the same owner
Stage of development: Growth
Particularities of the company: It is a company that has developed unique expertise in the sale and installation of floor coverings and particularly carpets for stairs. It also specializes in bespoke rugs. The products are all of high quality (mid to very high-end), often imported, some of which are even hand-made.

HUMAN RESSOURCES

Management team: one owner
Number of employees: one full-time in sales and two part-time in sales. Part-time accounting.

MEDIA

Company website: https://www.tapisandreviau.com/ (Recent website and technology)
Facebook: https://www.facebook.com/TapisAndreViauLtee/
Exceptional satisfaction

MARKET

Market description: Market in full evolution
Clientele: Loyal and wealthy, 45 years and over, entrepreneurs, professionals. 80% individuals and designers.
Innovation: Unique service, “haute couture” of carpets
Description of the competition: Really very little, especially for French speakers.
Financial situation and forecasts: Excellent and evolving.
Market Opportunities: Expand Customer Base

FINANCE

2021 annual revenue: $955,088
Revenue Breakdown, Revenue Type: 75% stair rugs and 25% custom area rugs.
Year end date: December 31
2021 earnings before taxes (EBITDA): $54,532 Earnings before benefits, owner salaries and special income 2021: $177,532
Bank Name: CIBC

BUSINESS HOURS

Monday to Friday: 10 a.m. to 6 p.m.
Saturday: 10.00 a.m. to 5.00 p.m. (Summer period 10.00 a.m. to 4.00 p.m.)
Sunday: Closed

DESCRIPTION OF THE PREMISES

Occupant: Tenant
Type: Commercial
Area: +/- 2,000 sf on the ground floor and +/- 2,000 sf in the basement
Monthly rent: $3,995 Net + $12,500 per year in business taxes

Half of this rent is reimbursed by a co-tenant in design who has been installed in the same premises for many years and who also allows synergy with the company.

End of lease: 5 years
Lease renewal option: Yes

Included in the Rent: Natural gas for heating paid by the owner
Very high quality lighting
Easy parking
On one of the most efficient commercial arteries of the city.

MARKET STUDY of the neighborhood

Daycares 10/10, Convenient for pedestrians 10/10, Public transport 9/10, Elementary schools 9/10, Grocery stores 9/10, Quiet 8/10, High schools 8/10, Parks 8/10, Bike friendly 8/10, Shopping 8/10, Greenery 7/10, Car-friendly 6/10, Restaurants 6/10, Dynamic 5/10

VISITS

Appointment preferences: Evening​
Discretion requested​

Stanislas Didier Founding President Canada : +1 514 618-9165 France : 07 66 37 69 66 [email protected]

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