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Industrial & Manufacturing business for sale in Advancetown

  • Industrial & Manufacturing
  • Bs145771 Advancetown QLD 4211
  • $350,000 (GST na)

Supply and Installation of Floor Coverings Business QLD

Business ID: BS145771

Turnover $2,500,000. Annualised return of just over $260k+ Sale Price $350k + Stock

This established business sells and installs floor coverings like carpet, vinyl and timber throughout the Gold Coast, Northern Rivers (NSW) and Sunshine Coast. This is an independent business, not a franchise, offering much greater flexibility to its owner. Its customer base is essentially commercial clients (80%) and retail customers accounting for 20% of its work.

-As of End of April FY 21, the return to owners reached $252k (YTD)
-Projections of return to owners (Full) FY 21 of $270k to $300k
-Great "annualised return"(over 4+ years) to owner-operator of $260k+ per annum
-The company recognized in the industry for over 25 years
-2 exclusive salespersons known by the industry bringing over 55% of the business
-Retail represents only 20% of the business
-Fully fitted workshop for cutting and order preparation
-Over 50% conversion rates for tenders
-The customer base of renowned developers, builders and property managers based in Gold Coast
-Great relationship with suppliers offering advantageous pricing over competition and other franchise
-Large Showroom with all materials on display for walk-in clients
-Latest cutting equipment reducing time spent on orders
-Tendering technique of the double option with alternative flooring solutions to offer cost savings
-Lean administration of the business
-Fully trained in-store salesperson generating a growing turnover

One month training included in the price and a further two months at an agreed hourly rate.

Fantastic business with a very large customer base that will delight any investors or owner operator with fantastic returns of up to 80% yearly!

The business can easily be expanded via marketing, responding to more tenders, and addressing the retail market much more aggressively. Very little risk with salespersons in place who have worked over the last 25 years for this very company.

Asking price $350,000 + Stock

Business Highlights

Business ID2016865877
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Last updated  15 Mar 2021
Map for Bs145771 Advancetown QLD 4211
Map for Bs145771 Advancetown QLD 4211Bs145771 Advancetown QLD 4211

Business Highlights

Business ID2016865877
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  15 Mar 2021
Xcllusive Business Sale Balmain
G14, 1-15 Barr Street Balmain NSW 2041
Xcllusive Business Sales
Xcllusive Business Sale Balmain
Xcllusive Business Sales
Xcllusive Business Sale Balmain
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