$520,000
One of the very highly successful and well established flooring business in Australia’s most rapid growth corridor. Business is been operating under this prestigious brand over last 15 years and currently operates as a family business for the last 9 years.
ABOUT THE BUSINESS:
- Net Profit $235K FY2020 and $285K FY2019 (Including Add backs)
- Carpet and flooring retail plus installation
- Long Lease with excellent landlord support
- 1000 sq showroom/warehouse plus 500 sq upstairs usable space
- Upstairs 500sq can be subleased with landlord’s permission for approximately 1/3 of total rent. (can increase profit straight away)
- Best Location in this area with huge carpark, commercial precinct, highly visible and centrally located within one of the biggest council of Australia
- Profitable business with good repeat clientele
- Stable and rising industry with rather low competition
- Great growth potential
- All equipment, fittings and fixtures used in the business are included (2 vans and 2 forklifts)
- Full training will be provided
- Good transition will be provided by current owner and no prior industry knowledge is necessary by the purchaser
- Ideal for a family
- Excellent work force in place with manager who can manages the entire operation so option to run under management is possible.
ASKING PRICE: $ 520,000.00 plus S.A.V (Stock at Valuation)
LOCATION: Western Suburbs of Melbourne
STOCK: $ 20,000 approximately.
>>> FOR FURTHER DETAILS YOU NEED TO FILL OUT A CONFIDENTIALITY (NON-DISCLOSURE) AGREEMENT. FILL IT ONLINE: You can do so online Confidentiality HTTP://REALWORLDBUSINESSES.COM.AU/CONFIDENTIALITY/ Or
You may send us an e-mail : info@REALWORLDBUSINESSES.COM.AU
AGENT: Nick (Anmol) – 0424 046 273
Ref: RWB2020FLR
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Disclaimer: Images displayed on this ad are stock images only, not picture of the actual business, its products, equipment, or employees. Figures displayed reflect latest financial information provided to RealWorld by the Vendors. All numbers and information are subject to due diligence by a Potential Purchaser.
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