The Home Leisure Store and Servicing is located in Western Canada. The Company provides indoor and outdoor furnishings as well as parts and servicing. 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:
Quality service — The Company has provided expert technicians to assist with setting up and maintenance of the products to limit wait times for parts and servicing.
Variety of products — The Company has a vast amount of products for indoor furnishings such as beds, couches, dressers, etc as well as outdoor such as patio sets, hot tubs, fire pits, saunas, etc.
Long-term staff — Quality expert employees that have been around the block for a while ensuring the knowledge of products as well as the customer service quality.
2019 Revenue $9.2M
2020 Revenue $9.5M
2021 Revenue $11.9M
2022 Revenue 12.7M
2019 EBITDA $575K
2020 EBITDA $1.2M
2021 EBITDA $1.9M
2022 EBITDA $1.5M
*Figures in CAD $