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Retail business for sale in Redlands City QLD

  • Retail
  • Redlands City QLD
  • Reduced $165,000 plus SAV

Carpet & Flooring Retailer- Redlands- T/O $1mill+

Part of a multi award winning flooring franchise. The current location has been key to its fast-tracked start into a highly profitable well run business. Inspect and you will be buying.

Revenue
$1,084,300 pa

Location Details
Redland Bay, Brisbane

Hours
Monday 9am–5pm
Tuesday 9am–5pm
Wednesday 9am–5pm
Thursday 9am–5pm
Friday 9am–5pm
Saturday 9am–3pm
Sunday Closed

Lease
Lease secured until 2022

Reason for Sale
Owner selling due to family reasons.

About the Business
Floor retailing has undergone transformations in recent years with this Franchise being a leading light in the industry. The franchise model affords the best of all worlds with support where needed while allowing flexibility for the Franchisee to develop their business as they see fit in the local community. If you are looking at flooring retailers this business is a must see.
Having established this store mid 2017 and being the only flooring retailer for nearly 10km in a growing residential and development zone the business has flourished in its start up phase and now is a fixture in the local retail landscape.
You will be taking over a profitable freshly branded business with local recognition through its highly visible store presence. Well respected among local installers with many referrals from customers and installers.
A great lease in a high profile position with Woolworths, Dan Murphys, Bunnings and more forming anchor tenants in the shopping precinct.

Secure lease with great rent (currently below 7% of turnover) and 2022 first option for a further 5 year term till mid 2027.

Lifestyle and business success will suit a family or owner operator looking to become part of a growing trend towards a consultancy on flooring design rather than a traditional sales style. Training to assist in being able to advise on flooring is included by the Franchisor as well as the current owners willing to help train.

The trained and knowledgeable staff have been modeled around a supportive business model with the current owner working around family and business commitments. The family commitments are now seeing this business on the market despite its current success and huge potential. Rare find as to a well run, profitable business in a beautiful location. First genuine buyer will be purchasing.

Key Points
• Strong brand identity.
• Desirable location for both business and lifestyle
• Growing area with new residential developments planned within the store catchment
• High visibility position in key shopping centre with solid anchor tenants.
• Secured long term lease
• Great business model with low franchise costs
• Low stock holdings required with efficient ordering and invoicing
• Designer aspirations? Help people choose the right flooring and enjoy your work.
• Exclusive products and brands.

Business Highlights

Business ID2014850104
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  8 Aug 2019
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