Sold

Recognised Carpet Retailer - $455K EBITPDA

SOLD


This non-franchised business is a highly profitable floor covering supplier experiencing year on year growth with further potential to increase sales. The company has built an outstanding, recognisable brand with first class systems and an excellent reputation in the market place. Showing great returns, this is a phenomenal opportunity offering good security and stability across the workforce, customer base and sales.
 
With consistent growth (68% since 2015) the company had an EBITPDA or cash surplus of *$455,000 for the 2018 financial year. With little marketing, no SEO or Google AdWords the 2019 financial *YTD sales and profits are looking similar, so there is huge scope to increase sales and profits with a little investment in those areas.

In addition to the two owners who each spend approximately *20 hours a week (4 days @ 5hrs) in the business, there are two full-time employees and one on a part-time basis. The Vendor tells us, *one competent working owner could easily cover the owner s roles or alternatively a husband and wife team could replace a 3rd role which would then make this venture even more profitable.

Located in an affluent area with a good demand for residential housing, this opportunity presents huge growth potential for a new owner to capitalise on their investment. Easily run with great systems and an efficient team, Barker Business Brokerage is proud to present this business to purchase as a going concern.
 


Asking Price - $1,050,000 which INCLUDES plant & stock.

For more, visit HYPERLINK 'http://www.barkerbusiness.co.nz' www.barkerbusiness.co.nz/BBS2438, register your details and submit the online Confidentiality Agreement. Once we receive your registration of interest Alan or Craig will be in touch.

*Source of information - Supplied by the Business Owner.

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2019.

Details

Region Auckland
Price SOLD
Business ID BBS2460
Category Retail

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