Wholesale Distribution Business.Flooring Accessories for the Trade – Sydney
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Business ID: BS144248
T/O $3.56M p.a. Owner's Income $410,000 pa.
The core business concentrates on servicing the flooring trade, for both the commercial and domestic markets. With multi sites the business offers a “one stop shop” for tradies in the flooring industry along the lines of “Reece for plumbers or John L Turk for electricians. This is a niche market with high margins and there is the opportunity to expand the business by opening strategically located stores, which the company has started and increase the range of products, of which the company has its own well recognised brands.
-Established 98 years
-Highly regarded within the industry
-Repeat customer base
-Made profit every year
-No Sales Force, but company is set up to support one
-Management Systems in Place
-Huge Growth Potential – Locations and Product Range.
-Strong, Stable, Core business to grow from.
The owners are willing to assist with the transition of ownership and the present Managing Director is prepared to consider remaining on a consultancy role on terms to be agreed.
This business is suitable for anyone wishing to get into the wholesale distribution business or for an existing player to acquire and grow their market share and influence in services to the construction industry.
Asking Price: $1.2M for the assets and goodwill of the business. Stock is not included and will be sold at cost value as at the date of settlement, it is currently estimated at approximately $ 1.25M.