Business Sold Brisbane QLD Region, Queensland
Business Category Building and Construction Franchise Re-Sale General Retail Hardware
SOLD
Description
Flooring Retail High Growth Zone Brisbane $273k Profit
High Demand residential growth area within 10km of CBD. Booming flooring sales. Catch the current growth curve with a 20 year strong sales leader in the area. Flooring experts carpet, vinyl, timber.
A retiring couple sees a rare opportunity to enter the flooring retail market with a brand leader in flooring and a store with 20 years successful history with the current owners.
Consistently over $2M in sales the business is ready for a new owner to prosper through the current booming sales in the location. The business has ensured a prosperous and happy family life for the current owners and is waiting to do the same for a new couple or a solo owner.
Simple and easy to run business with the best administrative, sales and general support in the industry. A single owner can easily takeover the existing couples roles using the support packages available allowing their focus 100% on growing sales and profits.
The group is a Buyers Co-op ensuring profits stay with the store owners and that support is always focused on the best outcomes for the stores.
The real estate market in the immediate area has never been stronger. Leading to a growth in flooring that is expected to continue for many years to come. Adding this growth to the underlying $2M per year sales the business has consistently delivered makes the timing perfect for a new owner.
Huge display room with clean modern appeal. Easy access rear delivery area along with great warehouse zone including racking to keep jobs moving in and out with minimal fuss.
Quality installers built over years of knowledge make sure the Best products and Service are matched by the best installations. This combination has seen most customers remaining long term customers and referring new family and friends back to the business.
All business equipment, furniture , fittings are unencumbered and the owners are passionate about their 20 year success becoming the start of the new owners legacy with a dedicated handover.
Grab your share of the booming construction and real estate markets via this ideally positioned flooring retailer.
Key Business Points
• Superb location with massive growth in home builds, renovations and refurbishments.
• A1 position in a high footfall Home Makers Centre with large anchor tenant.
• Industry leading support available via co-op membership.
• Largest buying group affording super margins
• Consistently over $2M in sales (2021 $2.45M!)
• Profits 10-13% of turnover!
• Dedicated handover and group support will afford successful transition of ownership.
• ONLY reason for selling – Owners are retiring after 20 years.
• Exclusive listing - contact our agent immediately to begin enquiry.
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.