Sold! Award Winning Family Owned Flooring Business – Northern Suburbs, Adelaide.
Business ID: XB155918
3 year Average Adjusted Net Profit Return on Investment $170,000.
This is a small family-owned and operated business that has been in the town for over 33 years. The current store owners have operated the business for 6 ½ years and in that time have completely transformed a run-down operation into a “fabulous flooring experience” culminating in being awarded the 2023 Top Store Award for SA.
- Owner-operated, no staffing issues
- 51/2 days week operation
- Dedicated contract installers
- Modern updated showroom facilities
- Centrally located off the main street
- Ample off-street parking
- Award-winning business
- Full range of products and services available
- Exceptional support and systems available online
In-store handover by the Vendors is included as part of the Business Sale Contract with product and systems training provided by the Franchisor.
Their private retail customers make up 95% of the business with the commercial sector taking up
the remaining 5%. The commercial sector is something that could be more actively targeted with
the addition of extra staffing arrangements.
Asking Price: Goodwill Plant and Equipment $380,000 plus SAV estimated @ $30,000