Atlantic Canada's Business Transition Specialist

SINCE 1998

ASKING PRICE:  $660,000
LOCATION:  Southern New Brunswick

Established in 1997, this business has grown to be a profitable company with a highly respected brand and four locations including one in each of New Brunswick’s largest cities. The company provides fibre and craft supplies to its many customers throughout New Brunswick and beyond and generates annual revenues in the $720,000 to $800,000 range.

•    Long history of profitability
•    Well established and respected brand
•    Easily understood business
•    Realistic and achievable opportunities for growth
•    4 profitable locations
•    Excellent franchise model
•    Current owners will assist for a reasonable transition period
•    Relocatable - all locations in rented premises
•    Experienced staff expected to remain

The owners are seeking the sale of the business in its entirety comprising all of the operating assets, furniture, fixtures, contracts and contract rights, goodwill, inventory, and company and business names.   Cash and cash equivalents will be excluded from the sale. The transaction will be structured as a sale of assets. The assets are offered for sale at approximately $660,000. The final sale price for the assets will be determined at the time of closing after adjusting for current assets including inventory existing at that time. The current owners will consider financing a portion of the purchase price in an amount and on terms in the discretion of the sellers.

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