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

0404 ****

Andersens Carpets Loganholme

Listing Id : 276622

Location : Queensland - Logan -Brisbane

Category : Carpets, Floor Coverings, Retail

Asking Price : $200,000 plus stock

Business description

Andersens is the “Respected Name in Floor Coverings” combining this with the ideal position of this store make this opportunity one to inspect.

The current owners since 1991 have established a loyal customer base in the local Logan area and admit that a new owner will benefit from their reputation as well as the great Andersens reputation.

The owners are seeking retirement and willing to help any new owner to a smooth transition. Being part of the Andersens group will also help for an owner potentially looking into carpet retail for the first time. The support from both the current owners and the Andersens group is also boosted by the option for one of the current owners to remain as an employee with any new ownership.

The current owners love their business and while it has served them well it is positioned to go to completely new heights with a new owners energy and the usual Andersens support.

A store refurbishment is due and the current owner is offering a $30,000 incentive to a new buyer ensuring a fresh Andersens retail look.  This will see new signage and internal fittings updated.

Current marketing is reliant on the Andersens activity, return business and referrals.  With the hottest region in residential developments on the doorstep the new owner can actively chase builders and new home owners across the region.

Currently operating with a small sales team and some installation contractors there is also an opportunity to expand the sales activity and simply engage more contractors as needed to capture more of the ever increasing housing developments close by.

With consistent sales results prior to last year the store has bounced back this financial year to be back on track for its usual $1.5 million in turnover.

All plant and equipment is owned outright and well serviced.

Key Points

  • Turn over averaging $1.5 million +
  • $30,000 contribution offered to new owners for store / signage refurbishment
  • 2 Toyota Hi-Ace mobile show rooms
  • Growth region with huge predicted residential building in coming years.
  • Andersens – One of the most respected names in carpet retail.
  • Owners willing to assist in training

SEQ Logan / Gold Coast / Redlands major growths for residential developments. Situated in the iconic Logan Hyperdome shopping precinct. Access to major arterial roads all directions.

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