Outdoor Home Furnishing Service and Retailer | $9.3M 2023 Revenue
Gross Revenue: | $9,330,000 |
EBITDA: | $863,476 |
The Outdoor Home Furnishing Service and Retailer is located in Western Canada. The Company provides hot tubs and pools for sale, offering water technician services and maintenance products. The Company also offers indoor and outdoor furnishings. The Company’s main clients are in Canada.
The shareholders are pursuing a full sale of the business to a buyer who can grow the business further. The current owners are willing to remain in the business for 1 - 5 years to ensure a smooth transition to new ownership.
The reason for the business sale is for retirement, pursuing other ventures and health reasons.
Key Investment Highlights:
Product Variety — The Company offers a curated range of hot tubs, sauna products, outdoor, and indoor furnishings. Outdoor offerings include patio sets, fire pits, and lounge chairs. Their catalogue is supplemented by indoor furnishings like beds, couches, and dressers.
Quality service — The Company provides expert water technicians to assist with set-up and maintenance, limiting wait times for parts and servicing. Technicians are familiar with the products offered, adding to the customer experience.
Long-term staff — Quality, expert employees that have been around the block for a while ensure the knowledge of products in addition to quality customer service. The Company’s long history in the industry ensures a strong understanding of relevant trends and customer needs.
2021 Revenue $11.9M
2022 Revenue $12.7M
2023 Revenue $9.3M
2021 EBITDA $1.9M
2022 EBITDA $1.5M
2023 EBITDA $863K
*Figures in CAD $
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