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Bulk Retail Flooring Product Supplier

$ 1,375,000.00
Reference Number
2518
Title
Bulk Retail Flooring Product Supplier
Date business was established
1995
Business for
Sale
Additional information
Business features
  • Car Parking
  • Disable Access
  • Residential/Commercial
  • Signage
  • Est. Lease
  • Freehold
Additional information
Summary
Established 34 years and in the same family for 24 years. Year on year sales and profits increases in every economic cycle. It is run by a two person team with edicated support staff. Stock is sold off the shelves and this is a terrific competitive advantage as all nearby competition can’t match it.

Revenue
$4,441,512
Net Profit
$646,888

Potential
The business is going strong so the potential is to duplicate the model in other locations either through corporate stores or a franchise model as there is nothing like it in this space. Or just enjoy the profits.

Hours
Monday – Friday 7am until 5pm
Saturday - 8am until 3pm.

Lease
Long term lease available. Rent $135,000 p.a. plus outgoings.

Reason for Sale
Both owners have young families and want to spend the time with the children. A lifestyle change.

About the Business
A warehouse style wholesaling and retailing business where no one touches the customers other than the team. From sale to delivery everything is handled by the team. Stock can be sourced from all over Australia but is concentrated on the East Coast.

Stock levels held means competitors nearby cannot match them. This means customers can make a cash and carry purchase as opposed to waiting for stock on order to come in and then be delivered. No delays in todays “I need it now society” gives this business a massive advantage over its competitors.

On top of this it’s a one stop shop where tradesman, handy man and the weekend warrior come and get everything they need in the one location.

The business is unlikely to be disrupted by any major chains due to the ware house size and stocking requirements.

For the full story enquire today.

History
Established 34 years but has been operating in this location and format under the family ownership for the past 24 years.
Annual Nett Profit
$ 646,888.00
Location
Country
Australia
States
Queensland
City
Gold Coast
Post code
90726
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