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Building & Construction business for sale in City & North QLD

  • Building & Construction
  • City & North QLD
  • $329,000 plus SAV

Supplier to construction/renovation markets - #1 brand, huge growth & prospects

Summary
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.

Revenue
$1,860,000 pa

Potential
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.

Skills
As this is the most respected franchise brand in its industry, you can expect full training to be provided

Hours
M - Sa - 8.30am - 4.30pm
Su - 10.00am - 2.00pm

Lease
Leased until 31st October 2026
Further lease option - 1 x 5 years

Employees
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.

History
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

Jim Roddy
Transworld Gold Coast
Jim Roddy
Transworld Gold Coast

Business Highlights

Business ID2016715120
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Last updated  1 Feb 2021
Map for City & North QLD
Map for City & North QLDCity & North QLD
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Jim Roddy
Transworld Gold Coast
Jim Roddy
Transworld Gold Coast

Business Highlights

Business ID2016715120
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  1 Feb 2021
Transworld Gold Coast
Level 13, 50 Cavill Avenue Surfers Paradise QLD 4217
Jim Roddy
Transworld Gold Coast
Jim Roddy
Transworld Gold Coast

Ask Jim Roddy about this business

Jim Roddy

Jim Roddy

Transworld Gold Coast

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0437 838 094
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