This attractive small business has been operating successfully in the Halifax Metropolitan area for nearly 50 years.  The company supplies a consumer designer product which is both stylist and a necessity for most homes, offices and commercial buildings. The Company supplies the product to commercial clients and distributes it to other companies that sell directly to the public.  The Company manufacturers some of the product it supplies and purchases the balance from national and international manufacturers and suppliers. The Company is a stocking dealer for some of the primary suppliers. The current Owner has identified a number of clear opportunities for growth and expansion including increasing manufacturing capacity. These new manufactured products could be sold to existing customers and would significantly increase sales and profits.

This transaction will be structured as a sale of shares. The goodwill and fixed assets of the Company are valued at $225,000.  Inventory and accounts receivable are additional and it is estimated that their value at time of closing will be approximately $150,000.  A buyer should anticipate an equity investment of approximately $75,000.  The final sales price for the shares of the Company will be determined at the time of closing after adjusting for current assets including accounts receivable and inventory, and liabilities and taxes outstanding at that time. 

This is a great opportunity for a buyer to acquire a profitable and successful small business that has been “running under the radar”. This is a well established little company with a big future.  It is an excellent opportunity for a new buyer who is prepared to work hard and likes to be involved in all aspects of the business.