Business for sale in New South Wales , SYDNEY
| Company Details: | BCI Business Brokers |
| Agent Detail: | Phil Lyons |
CARPET AND FLOORING SOLUTIONS BUSINESS FOR SALE.
Financial summary
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
Business description
* HIGHLY SUCCESSFUL BUSINESS.....
* OVER $243,000 A YEAR OWNERS' RETURN.....
* RETURN ON YOUR INVESTMENT IN WELL UNDER 2 YEARS.....
* ESTABLISHED 22 YEARS.....
* HIGHLY VISIBLE NORTHSIDE LOCATION.....
* CO-OPERATIVE MEMBER.....
* LOW WORKING CAPITAL REQUIRED.....
* NO PRIOR INDUSTRY EXPERIENCE NEEDED.....
Everything about this business will thrill you! It has been trading with great financial success for many years. Over that time it has gained a fabulous reputation and it is the 'one-stop-shop' of choice for residential and business customers, insurance companies, real-estate agents, builders and retirement villages. All of their carpet and flooring needs are met here. They rely on the best prices and the quick and reliable service that this business is renowned for. The business is not dependent on personal relationships so you can very easily just take over and start banking the profits straight away.
The extensive modern showrooms are in a prominent northside location within close proximity to a number of major home furnishings and homewares stores. The showroom and adjoining warehouse are fully equipped to run the business efficiently. Of course when you purchase the business you will own all these fixtures and fittings and all other associated assets including the company wagon, office equipment and computers. The intellectual property, data base and goodwill will also come to you.
The business is a member of a buying co-operative. Australia wide well in excess of 100 other small business owners are members of this co-operative. This business is in the top 10 of these. As a member of this co-operative you will enjoy many benefits: marketing, advertising, merchandising, administration and training. The buying power of the group allows you to pass the savings to your customers, that's why they keep coming back!
The co-operative is a market leader and stays one step ahead of the rest. It has recently introduced new product lines that will see your bottom line profits increase as these new lines 'take off'.
With this business there is a reduced need for working capital as the stock is not usually held unless ordered. Once stock is ordered, the vendors organise contracted installers to complete the job.
In 1995 the vendor started working for the previous owner. She saw the profits, she saw the systems, she saw the chance to set herself up for the future, so, in 2000 she jumped at the chance to buy the business! She was joined by her husband and together they have enjoyed many many years of profitable trading which has set them up for a comfortable retirement: hence the business is now for sale. They are happy to train you in the fully systemized operations for an agreed period.
You too can set yourself up for your future...........
*Only pay $450k+ sav.
* 1.65 multiple on 2010/2011 figures.
* Bank over $243,000 A year.
A close inspection of this business is encouraged.
PHIL LYONS from BCI Business Brokers will be happy to assist you further. plyons@bc.com.au 0419 259 331
| Image | Details | Asking Price | Sales Revenue | Net Profit |
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