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Retail Appliances Furniture Electronics Mattess


This family business was established in 1977 by the parents as an electronic retail store. I joined the business in 1982 and in 1995, I took over the family business. In 2001, my wife joined the team. In 2015 we added appliances, furniture, and mattresses to our list of products and services. We carry all the major brands in all categories. Our service is bilingual and friendly.
Currently operating with clientele and a revenue history with real estate included.
Looking to sell 100% shares of the business. Currently own 100%.
We are proud to carry many of the top-named North American brands such as Samsung, Sony, JBL, Whirlpool, Maytag, KitchenAid, Beautyrest, Signature Design by Ashley, PEL International just to name a few. We also offer Delivery, Installation, and Financing services. Visit Audio Video Plus Home Furnishings at 187 King Street, Sturgeon Falls, Ontario P2B 1R6, or online at https://www.audiovideoplus.ca .

Our Services
Audio Video Plus Home Furnishings is proud to offer professional custom delivery and installation. We specialize in categories such as furniture, appliances, electronics, mattresses, and commercial installations.

Delivery & Installation
Appliances, electronics, mattresses, and furniture will be fully inspected, delivered, and placed in the space that will be used in your home. Once everything is completed, our friendly delivery staff will remove all of the packing materials.

Home Entertainment Installation
You saw how great it looked in our store, we’re committed to showing you how great it will look in yours. Forget about the hassle, guesswork, and stress of putting your new toys together, and let us do the work for you. We’ll turn your living room into a showroom.
From a basic TV setup to an advanced custom home project, our team has the experience and expertise to turn your A/V dreams into a reality.
• Professional installation will give you the look and functionality you want
• Our installers will coordinate with your contractor to team up and get the work done

BrandSource Credit Card
Whether you're looking to furnish an entire house, remodel a room, or you're looking for that final finishing touch, the BrandSource Credit Card by Fairstone Financial Inc helps you achieve your home furnishings goals so much more easily.
Here are some of the great benefits:
• Pre-approved financing limit for purchases at BrandSource
• Flexible deferred or monthly payments options
• No purchase necessary to obtain a card
Once approved, you can start planning the home of your dreams with us!

Independently managed, part of a buying power group, broad brand carrier, everyday price match with competitors, efficient friendly skilled labor, custom services, personalized customer service.

Ability to apply for Federal and Provincial grants/loans. Supported by our local EDC office, Chamber of Commerce, and others. Strong surrounding economy, year-round market, diversified lifestyle, and demographics. Socially interacted, constant surrounding events, sponsorships. Good networking availabilities.

2021 and 2022 – large expenses to redo the roof, and upgrade the heating and cooling system.

No other privately successfully owned business within our radius of approximately 100 km
- Unique, specialized retailer

Owned Commercial Building - cargo van – cargo trailer – garage tools, desk, computers, shelving, etc. all included

Prepared commercials and flyers by Brandsource(Mega) our buying group.

We have a Website – online shopping, Facebook, Point of Sale, and Google, which are all very active.

Listed By: Omar Kettani

Background information

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Year established:

1977

Reason selling:

retirement

Finance

Sales:

$2,192,390

EBITDA:

$100,000

Operations

Employees:

5

Equipment:

Included in asking price $150,000

Inventory:

Included in asking price

Premises

Facility:

6000 sq feet corner lot commercial bldg, across post office, large garage door for loading/unloading, 2 door exits, new roof, new heating system, new A/C. 2-year-old cargo van, 6-year old cargo trailer, tools, 4 computer stations, chattels, etc ...

Opportunities

Growth:

G & E are evaluated regularly, with the potential to link the website with our POS and link an electronic price tagging system to the POS.

Price and terms

Price:

$1,300,000

Training:

The owner (Dan) operates the storefront, and the co-owner (Joanne) manages the office, we could stay on part-time for 6 months.