| Code: |
FP562 |
| Business Type: |
Distribution-Sales |
| Area: |
Hills District |
| Established: |
January 1997
|
| Lease: |
Main Premises- 73sq mts main road location (storage shed 24.85 sq mtrs)
Car Spaces- 9 + extra spaces side and back if required
Lease Term- To be discussed with the current owner
|
| Rent (excl GST): |
Annual Rent- $36,000approx
Outgoings are included in the rental.
|
| Trading Hours: |
Monday- Sunday |
| No of Staff: |
·Staff Fulltime: General Manager + 6 Consultants
|
| Vendor Hours: |
Owner-Wks approx 15-20hrs per week |
| Approx Turnover(excl GST): |
Example- 2007/8 $2,090,000
Ebit $510,000 |
| Property: |
Opportunity to purchase freehold. Future development potential. Main road frontage |
| Finance |
Part Vendor Finance Available
To Qualified Purchasers |
| EBIT |
EBIT 2007/8 $510,000 |
| Reason for Sale: |
As the owner wishes to concentrate on his Property and Share Portfolio and
semi-retire in the near future, he is willing to stay on for a mutually
agreeable period of time |
| General Information |
Future Prospects:
The Company is well established in its present area of operation. Given the management
structure in place and the potential existing in the development of its new web site, it is
well placed to significantly increase profits in the future. Further, with the Company's
market estimated to comprise approximately 98% home renovations and only 2% of new housing
developments, the experience of the Owner has been that the business is not unduly affected
by any downturn in New Building Construction.
The Company could increase its market share by either increasing the number of showrooms or
franchising operations into regions not yet serviced by the Company.
High Cash Flow! No Manufacturing! Huge Potential To Expand!
|
| Asking Price: |
$990,000 |
| |
