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Retail & Trade Flooring Superstore

Business for Sale
Gold Coast QLD

2017/18 Turnover of $4,441,512 and growing annually. 2017/18 Profit of $575,000 for 1 working owner. Run by the owners + long term staff

Price $1,375,000 + SAV

Retail & Trade Flooring Superstore

Stock Included: No
Stock Value: 250,000
Years Est: 34
Gross Revenue: 4,441,512
Established 34 years and in the same family for the past 24.Year on year sales and profits increases in every economic cycle. It is run by a two person team with dedicated support staff. Stock is sold off the shelves and this is a terrific competitive advantage as all nearby competition can’t match it.

Potential

The business is very profitable and consistent 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.

Skills

Good staff management skills, an understanding of retail and wholesale and a good customer service ethic.

Hours

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

Lease

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

Location

Gold Coast. This business has been located in the same location since 1995 and has good exposure to the main road.

Employees

3 full time, 2 permanent part time and 4 casual staff support the owners.

Reason for Sale

The owners have young families and want to spend the time with their 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.

High 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 men 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 warehouse 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.

Sale Price $1.375 million plus SAV for 1 working owner

Contact Seller

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Contact: Howard Dennerstein
Phone: 0419729696

Bsale ID: 216061




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