Andersens Flooring Franchise - Gladstone! Very Low Rent, Lease To 2042, $400k EBITDA To Owner/Oper!

QLD
Asking Price $425,000
About
The Andersens story began in the small country town of Gatton, 90kms west of Brisbane in 1958, where a humble carpet laying business started on a journey that would see it become a household name throughout Queensland and known as 'the respected name in floor coverings'.

Today, Andersens boasts 39 showrooms throughout Queensland and 9 locations in New South Wales.

By achieving a high standard of professional service and commitment for over 60 years, Andersens remains the preferred choice for floor coverings, offering customers, both residential and commercial, the best quality brands and the latest products in flooring.

Andersens Flooring prides itself on being a family friendly company


Owning an Andersens Flooring franchise is not physically demanding. Jobs are generally subcontracted to dedicated floor layers (though the franchise can undertake this function and make much more money if they so wish).


Other key information includes:

The business occupies the entire Lord Street site, operating out of a professional purpose designed showroom, storage/warehouse, and on-site parking!

Andersens Flooring has been established in Gladstone for over 30 years and is extremely well known

Current lease with options runs until October 2042.

VERY LOW rent percent compared to sales

A new 10 year franchise agreement will be offered

Training 4 weeks in Brisbane with continued HO support

Equipment will be sold unencumbered including a vans, a truck, and a forklift

Good turnover, however the sky is the limit with what can be achieved by a motivated franchisee and the resources readily available by the franchisor

SAV is approx. $50,000 - $75,000. Stock is generally drawn via the main warehouse as required. This level of stock could be reduced considerably if necessary!

Good lifestyle trading hours , Mon - Fri 8.30 - 5.00pm, Sat 8.30am - 12.00pm. Closed Sunday and public holidays. 2 weeks off over Christmas / New Year

Well trained and knowledgeable staff in place

Reason for selling - Retirement

The return to an owner operator/s is approx $400,000 EBITDA (FY2022).

Bank finance of up to 50% against the business is available to approved applicants


For more information, please contact:

Reg Butler
xxxxx

Gladstone is a city in Queensland and is approximately 550 km by road north of Brisbane, and 100 km south of Rockhampton. The population is 45,130 (Census 2018).

Gladstone is home to Queensland's largest multi-commodity shipping port.

The Andersens store in Gladstone also services nearby Biloela with a population of 5,500.
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