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Carpet And Flooring Supply And Installation Business - Ringwood, Vic
Advert Id: 303230, Sellers Ref: (6385328)Location:Ringwood, Melbourne, Victoria
Category:Homeware, Hardware, Manufacturing and Industrial
Asking Price:$170,000
- Sales revenue : Undisclosed
- Net profit : Undisclosed
- Furniture/Fixtures value : Undisclosed
- Inventory/Stock value : Undisclosed
Business description
Business ID: BS[Phone Number Censored]
Turnover 2019/20 - $915K
Boasting an excellent reputation and 5-Star Google reviews, this carpet and flooring supply and installation business is a sound investment.
An established business since 1998 the business benefits from loyal repeat business, strong word of-mouth referrals and excellent cash flow (no client accounts).
Business Highlights:
-Financial year to 31st March $705K - included 3 months Covid lockdown
-Proven consistent annual growth
-Main road street frontage in a high development area
-Easy to run with 30-day supplier accounts that are top quality, reliable, well backed
-Leasehold premises 278m2 with office, showroom, warehouse, 4 allocated car parks + additional street parking
-In-house carpet overlocking service
-5 yr. Lease $2800pm + GST
-Residential clients prefer to buy/support small independent businesses & receive a more personalised service, especially after Covid
-Sale includes all office equipment, carpet & flooring stands, samples, approx. $20K of stock, warehouse racking, forklift, overlocker & more
-Accounts with all major carpet and flooring suppliers
-Marketing through Website & Social Media
-Customers include Mum/Dad renovators, property investors, local real estate referrals, small builders
-Training for up to 4 weeks to ensure a smooth handover
This business would suit someone who wants to run an independent business without any franchise fees or restrictions. It would also be an ideal bolt-on opportunity for another carpet/flooring store wishing to expand.
The business could easily be taken to the next level by hiring more staff, improving the website, and increasing social media marketing or continue running as is!
Price: $ 170,000 including stock
Other Information
- Company Details : Xcllusive Business Sales
- Agent Detail : Xcllusive Business Sales
- Phone : Click here for phone number
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