TILE RETAILER
MOORABBIN VICLast asking price $10,000
Sold June 2023
General Retail
Large, well known Tile retailer.
OVERVIEW
- This business has been established for well over 50 years and has been an institution with in the tiling and paving industry for many years. Unfortunately, the business is being offered for sale due to a family dispute and will be sold on an Expression's of Interest sale basis.
- Sales for last 3 financial years:
- FY15 $2,645,196
- FY14 $2,592,579
- FY13 $2,869,888
- It should be noted the following conditions will be included in the contract of sale:
1. Relocation - The business may have to be relocated as the premises which the business currently operates from is being auctioned in February.
2. Business name - The business name will not be transferred with the sale
3. Restraint of trade - No restraint of trade will be given by the vendors
- However customer lists and plant and equipment will be included in the sale.
Asking price: Expressions of Interest (approx. $195,000 of Stock)
Contact Steven Boyd of Boyd Ryan Business Sales & Consultants on xxxxx for a confidential discussion about this business or register your interest below to receive a comprehensive Business Information Memorandum. Please quote reference BR1186.
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