Building & Construction business for sale in City & North QLD
- Building & Construction
- City & North QLD
- $329,000 plus SAV
Leading Franchised Tile Retailer $35k per week t/o. 35% growth in 2019/20
Averaging sales of $35,000 per week, excellent reputation, differentiated range/offer, impressive show room, main road frontage, excellent franchise area with strong clientele across trade and DIY.
There is a significant opportunity for the new owner to further develop the trade side of the business. The current owners acknowledge that this market is significant and largely overlooked at the moment.
As this is the most respected franchise brand in its industry, you can expect full training to be provided
M - Sa - 8.30am - 4.30pm
Su - 10.00am - 2.00pm
Leased until 31st October 2026
Further lease option - 1 x 5 years
2 x FT
1 x Casual
Reason for Sale
Owners seeking change
About the Business
The owners have operated this excellent business for over 5 years.
The main aspect of this business is the beautifully appointed 320 sqm showroom with clean, modern and welcoming displays stocking a vast selection of tiles, bathroomware and stone products. The premises occupies an impressive 460 sqm plot (does not included car parking).
The location has excellent main road/high traffic flow frontage and there are plenty of public parking spaces also available directly outside the front doors, so even on the busiest of days customers will rarely be inconvenienced.
The owners have worked hard to create an offer that is focussed wholly around quality and providing creative solutions. As such, there is little real competition with other businesses in this arena choosing to focus more on the budget market.
Stock replenishment is easy and timely, with the Franchisor holding and supplying stock from a centralised warehouse facility in Brisbane. Bathroom ware suppliers freight directly to store and large customer orders can be organised and despatched directly to site.
35% turnover growth vs previous year (= additional +$480k)
Circa 12% nett margin (owner operator)
Impressive showroom, builders selection room, racked warehouse, mezzanine office and kitchen
Lease options until 2031 (equates to only 8% of turnover)
Good mix of retail and trade clients
Fully systemised and supported
Full training provided
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