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Wholesale Manufacturer Supplier Of Mats

Business for Sale
Wholesale supplier of Carpet mats Australia wide business for sale and manufacturer of product for worldwide market business for sale.
Gold Coast QLD

This business for sale started out in 1983 as a retailer and supplier of carpet for the domestic market.The owners saw the opportunity to use what was primarily wasted off cuts to create mats.

Price $200,000

Wholesale Manufacturer Supplier of Mats

Stock Included:
Stock Value: 383,535
Years Est: 1983
Gross Revenue:

Summary

This business for sale started out in 1983 as a retailer and supplier of carpet for the domestic market.

During this time the owners saw the opportunity to use what was primarily wasted off cuts to create mats. This side of the business for sale was growing so the carpet sales and laying business was sold and the sole focus is now the mats business for sale.

Revenue

$383,535

Net Profit

$99,256 and with the price rise this should result in an increase in profits of $38,500 to $137,756.

Potential

The owners don’t market the business for sale so social media, sales calls and expansion of the customer base. The business sales could be improved with the addition and implementation of more products and customers.

Skills

Basic skills as equipment is user friendly

Hours

Monday Friday 7.30am until 4pm

Lease

The sellers own the premises so they will provide a 3 year lease at $23,000 p.a. plus GST. An option is also available.

Location

Southern end Gold Coast

Employees

One full time owner and one part time owner plus 2 casual staff.

Reason for Sale

Owners are retiring as they are in there seventies

About the Business

The owners of this business were often asked to provide mats from the off-cuts of their carpet retail and laying business. They owned a commercial overlocker sewing machine so they started providing this service to their customers as well as supplying other retailers and layers who wanted the mats.

About 12 years ago they had the idea to provide a range of mats (standard size and colour) and wholesaled them to retailers and in particular the $2 variety stores. In addition to these sales they provide a customized made to measure services.

Today they send pallets of mats all over Australia.

They recently had a product price rise of 10% after keeping prices static for 4 years before this increase.

The product range include:

  • ·         Front door mats
  • ·         Automobile Mat
  • ·         Coffee Table Mats
  • ·         Dining Room Mats
  • ·         Runners for the front of sinks
  • ·         Corridor runners for older home
  • ·         Outdoor Grass and Carpet
  • ·         Special orders.

The wholesale orders are paid for by the purchaser before the goods leave the factory.

The business has no social media or website and can be further improved by a new owner doing these things plus calling on potential new customers.

History

Established 1983

Sale Price

$200,000 plus SAV ($20,000)

Contact Seller

Logo

Visit Website

Contact: Joanne Woodbridge
Mobile: 0415887733
Bsale ID: 158376




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