General Description
Canberra Ceramics is a very well known business within the Canberra region. Its current location on Gladstone Street in Fyshwick has been a Tile shop for almost 40 years. The business under the current owner recognised early, the need to diversify into bathroomware to compliment displays and add to the bottom line. This was the first tile shop in Canberra to do so , the others followed in time. They were also aware of the impact the internet may have , and accordingly built a website that not only showcased product but also provided pricing. A considerable amount of money has been spent on making sure the website reflects the quality of the business www.canberraceramics.com.au.

The business also saw the need for a website to reflect the nature of the product it was selling to a broader Australian market.www.bathwareonline.com.au was born and at the same time www.bathwareonline.com was also registered.  With very little promotion the website attracts over 1000 hits per week , 7% of which is coming from international interest ( been live from July 2011).  Imagine the response to a live international website BathwareOnline.com.

The business is a member of a plumbing buyers group and has the potential to access many more wholesalers and products . They are paid rebates monthly.

No experience in tiles or bathroomware is required as support will be offered, however some construction background may be an advantage. Even the home handyman would do well in this business as suppliers provide product training and access to information and technical support.

The showroom is fully fitted out and matches it with the best Canberra has to offer. There is a huge amount of storage , mostly pallet racking and great offstreet parking. Being close to other major businesses that constantly advertise means there is always walk in traffic and exposure to potential customers .

Potential

This business is really ready to take the next step with being the leader online and also adding other segments to the business.

The business currently specialises in selling their products to the general public.  Customers are always requesting referrals for good tilers.This business could easily add another segment in fitting the tiles for customers.  Generate healthy profits on selling the product and then again on fitting the product.Be one stop shop for the general public.

For construction companies involved home building, this business would be an excellent add on to their existing business.  Would obtain products at wholesale prices to undertake the construction work whilst still have Canberra Ceramics making profits.The two would gel together nicely.

As this business specialises to the general public it has not even touched the developers, builders etc.Employ a sale representative and begin building this side of the business.  Margins may be a bit tighter however developers and builders will be spending a considerable amount more with you.

Along with your walk in traffic you the large area for growth is in the online sphere.  With canberraceramics.com.au catering to the Canberra and bathwareonline.com.au catering Australia wide.......do it right and you have a Canberra business tapping markets others can not even step into.

Features
Showroom in excellent condition.Valued at approximately $550,000.
Excellent website www.canberraceramics.com.au
Australia wide website of www.bathware.com.au
Excellent reputation in the Canberra market.
Very diverse product range to suit most customers needs.

Premises
Main street exposure with lots of traffic consistently passing it everyday.
Off street parking and everyone knows where the business is located.

Location
Fyshwick.

Trading Hours

Open 5.5 days per week.

Lease
New 4 year with 4 year option lease.
Lease $2,300 per week.

Employee
1 Owner (f/time), 1 full time staff member, 1 Saturday casual.

Financials
Business is providing the owner good 6 figures every year.
Further details provided on financials on making a time to meet.

Price
$365,000 + SAV
SAV approx $275k
The above price includes bathwareonline.com.au and bathwareonline.com

Further details on the websites can be found at http://bbbrokers.com.au/bathwareonlinecomau--bathwareonlinecom.html