Retail Floor & Window Covering Specialist
ASHBURTON VICLast asking price $400,000
Sold June 2023
Manufacturing, Home Services
Retail - Flooring, Carpet, Curtains & Blinds, Established, Under Management
- Asking Price: POA
- Annual Sales: approx $2.0 million
- Weekly Sales: approx $40,000
- Annual Gross Profit: $500,000
- Adjusted Net Profit: $171,000 (2011/2012)
- Lease Details: new lease available to Purchaser or can purchase freehold as well as business. Details available upon request
OVERVIEW
- Retail based business with successful trading history since 1957. No factory, no warehousing, no installations - there is simply a large showroom with storage area at rear
- Part of major buying group with innovate idea and group buying power
- Three broad income streams being Flooring, Curtains & Blinds to Domestic Customers and Flooring to Commercial Customers
- Huge upside in commercial side of the business
- Excellently situated on one of Melbourne's busiest arterial roads with a wide shop front exposure and excellent signage from all directions
- Business is run under management by a team of capable and enthusiastic staff with extensive industry knowledge and expertise
- Business is a turn-key operation that is systems driven, fully computerised and documented and easy to learn
- Outsources all installation allowing staff to focus on consultative selling rather than the logistics of installing
STRENGTHS/ BENEFITS
- No specialist knowledge required by new owners
- Minimal stock holding
- Positive cash flow from Day 1
- Long established iconic business with repeat referral business and customer database
- Excellent retail location
- Proven stable profitability
- Huge potential to expand the commercial sales revenue
Contact Cameron Ryan 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 BR1032.
This is another Boyd Ryan Business Sales & Consultants Exclusive Listing...