Ad ID: 61206

Carpet and Flooring Distributor Business for Sale Greenlane

Flooring Business Brand

Location:
Asking:
$365,000

Business for Sale Description

Carpet and Flooring Distributor Business for Sale Greenlane

A known brand name with a profitable presence in the flooring market. It has a showroom/warehouse in a good location, a first page Google web presence, proven marketing and administration staff, trade ties with major importers and manufacturers and is complimented by a team of reliable independent layer contractors.

The present vendor has achieved a sale of 2M and EBIT of over $100k per annum by streamlining the business in the last 2.5 years, strengthening the team infrastructure and marketing, building a good reputation with consumers and suppliers and having a strong purchase and supply chain management in place, resulting in a higher than industry norms gross profits.

Owner works between 25-30 hours per week and pays staff wages of 200k 2 sales 1 admin in showroom 1 admin in warehouse plus commissions of 15-20k per annum to 2 sales staff ,the commission is paid only after the sales staff achieve the monthly sales targets.

The above high wages are an opportunity for a hands on owner operator or couple to eventually fill the role of 1 or perhaps 2 staff members and have additional income for themselves.

Family migration necessitates the sale of the business, where groundwork has been prepared for a new owner to take it to the next level. Vendor will provide comprehensive training and hand over of all aspects of the business. Asking price $375k including stock, approximately $80k.

Please complete online confidentiality by opening the listing http://www.linkbusiness.co.nz/businesses-for-sale/EL00641 and clicking on ENQUIRE NOW

Strict confidentiality criteria applicable, details only in person to genuine buyers who can substantiate financial capacity.

Neville Choksi M 0210599519 E neville.choksi@linkbusiness.co.nz

Reference: EL00641

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Link Business Broking Ltd
For more info
Contact:

Neville Choksi

+64 21 059 9519 or +64 9 555 6038
Phone: Neville Choksi or +64 9 555 6038
Link Business (Ellerslie)
REAA 2008
Broker Ref: EL00641

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