Net Profit In Excess Of $560,000
Business Sold Central Coast NSW Region, New South Wales
Business Category Building and Construction Furniture Manufacturer
SOLD
Description
Net Profit In Excess Of $560,000
We present a very profitable business 90 minutes north of Sydney. Get away from the city and harvest riches in this leisure coast business.
Sale price = $1.1 million plus stock (approximately $200-250,000). The vendors have owned the business since 2000 and now wish to retire. It has a long history of consistently strong financial performance and returns $550 + K to owner annually (FY 2021). YES THAT'S PROFIT ON OFFICIAL FIGURES.
It is a retailer of hard flooring products for the indoor and outdoor of the home and is a part of a highly respected franchise brand. The franchise is a market leading Franchisor with 28 stores country wide - the brand is strong, highly trusted and has an excellent reputation for quality of product and service.
Demographics of the strongly growing Central Coast region present extensive market opportunities in a major growth corridor.
The business has been resilient throughout the Covid-19 pandemic.
Sale price = $1.1 million plus stock (approximately $200-250,000). The vendors have owned the business since 2000 and now wish to retire. It has a long history of consistently strong financial performance and returns $550 + K to owner annually (FY 2021). YES THAT'S PROFIT ON OFFICIAL FIGURES.
It is a retailer of hard flooring products for the indoor and outdoor of the home and is a part of a highly respected franchise brand. The franchise is a market leading Franchisor with 28 stores country wide - the brand is strong, highly trusted and has an excellent reputation for quality of product and service.
Demographics of the strongly growing Central Coast region present extensive market opportunities in a major growth corridor.
The business has been resilient throughout the Covid-19 pandemic.
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.
