Reduced Motivated Vendor! $120,000 Plus SAV
Floor Covering & Blinds $1.5m T/O
Premium business, long established (40 years), current owner 6 years.
Sales in the region of $1.5m with adjusted net to vendor approx. $200k.
Currently operated by husband and wife with 1 fulltime admin/sales plus excellent team of contract installers.
Operated from a modern showroom/warehouse of 500m2 with a premium position and huge main road exposure.
Extensive range of carpets, vinyl, laminates, engineered timber and hybrid flooring for residential and commercial applications plus internal blinds, shutters and curtains.
Brilliant website and social media.
Low stock holding approx. $20k.
Top systems in place.
Price $120,000 plus Stock (approx. $20k)
Region: Prime Main Road Exposure
Turnover: Approx $1.5m
Adjusted Net: To vendors approx. $200k
Plant Value: TBA Plant Description: 2 crown forklifts, 3 computers, printer, copier, security system, racking, shelving, reception desk etc.
Years Established: 40 years,current owners 6 years
Permanent Staff: Owners plus 1 full time admin/sales Casual Staff: 5 sub-contractors
Hours Weekday: 9am to 5pm Hours Weekend: Saturday 9am to 2pm
Lettable Area: 500m2
Lease Terms: 4 1/2 years plus 5 year option
Rent per Calendar Month: $8,418.17 plus GST
Outgoings: included in rent
Parking Comments: Plenty of customer parking