Trading since 2004, this Wellington flooring retailer is a well-established, profitable business with a niche position in the regional market, brought to market for the first time as the owners retire after building a strong local presence.
Highlights:
· Asking price: $900,000, plus SAV
· 3-year average revenue of $2.02 million, with EBITPDA of $486,000.
· Supplies and installs a comprehensive range of flooring, including carpet, vinyl, timber, laminate, hybrid and cork
· Primarily residential trade, with some light commercial work
· Simple to run, with one key person alongside the proprietor, plus contract installers
· Store located in a high-profile Wellington retail precinct
· Low inventory exposure.
This is a business built on trust, not trend. A long-established, widely recognised trading name, supported by consistent, high-profile regional marketing, has helped it hold strong sales and high profits through a tough economy. There is also room to grow further through enhanced digital marketing.
This opportunity suits a buyer with a passion for flooring, home or décor, looking for a proven, non-franchise business with advantaged supplier positions and a healthy income.
Attractive rental terms are in place, since the vendor also owns the property, and the current owner will assist through a smooth transition.
Price $900K plus SAV
Contact Gerard Dunne - 027 220 8277
For further information regarding this sale, please complete our online confidentiality agreement. Copy and paste this link into your browser:www.ds4u.cc/abc?ref=36535
