Transworld Business Advisors - Gold Coast North Phone : 0404 07 ****
Tony Hancock
0404 ****

0404 ****

Reduced 30yr Tile Retailer Suit Couple Great Profits Also Freehold Option!

Listing Id : 267561

Location : Queensland - South East Qld -South East Qld

Category : Retail, Small Business General , Building and Construction

Asking Price : $150,000 plus stock Option for Freehold

Business description

A long history with over 30 years success built in the one location and even longer history within the township. Consistently profitable tile and hard flooring retailer. Trusted brand of many trade buyers and public buyers. Independent supplier to major developments throughout SEQ and wider.

A well run family business ready to become the future success for another family or a suitable acquisition for a larger retailer looking for an established brand in a SEQ growth zone. The location has great access in all directions and is surrounded by current developments including the regeneration occurring in its own locality.

The owner operators are selling the freehold and are now ready to retire with the business sale. Highly motivated to see a great new owner live on the legacy of this successful and trusted business.

Ideally suits an individual /couple or other business with industry knowledge of tiles and flooring. The owners will assist with training during a hand over and processes have been well established over its long success to assist this smooth transition.

Currently operated with a husband and wife and 2 warehouse staff with a minimum of 2 years employment history in the warehouse.

An impressive large showroom welcomes trades and public to browse samples. Ample warehousing also affords easy handling of both supplier stock and for customer deliveries.

A long market rate lease is available for the premises ensuring security of this successful site.

Unencumbered in the sale is a 1 tonne ute, heavy duty warehouse racking, forklift and pallet jack to manage stock and deliveries, office furniture, showroom racks and office equipment.

A lease is in place for a 2 year old 5.2 tonne flatbed Mitsubishi truck at only $800.90 per month.

Growth opportunities are numerous:

Seek to directly import products into your own warehouse.

Target new builders and architect patronage with a sales position. This sales role could also tender for more large developments.

Engage in modern marketing activities to showcase latest trends, client work, deliveries etc. Create trade and customer sales specials. SEO, social media sites and website funnelling actions.

Strong reputable and profitable businesses like this are highly sought after. Return On Investment (ROI) could be as high as 60+% given current averages of the business returns. A chance to own an independent tiling retailer not paying high franchise costs or being constrained by Franchise advertising or stock requirements. Located in a known growth region for construction the opportunity cannot pass without enquiry. Be quick!

Key Points

Independent Tiling and Hard Flooring Retailer (No Franchise issues!)

Long History of success with over 30 years in current location

Suit either corporate acquisition or couple / individual.

Large showroom and warehouse.

Long lease with options available

Average profit for last 4 years $160,000 with current year expected to be $220,000

Fantastic reputation and loyal customer base

Also highly motivated seller ready to retire!

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