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Business Details
Code:
AND3016
Business Type:
Andersens Flooring
Area:
Gladstone
Established:
30 + years
Lease:
Current lease with options runs until October 2042.
Rent (excl GST):
Very low compared to turnover
Trading Hours:
Good lifestyle trading hours
Mon - Fri 8.30 - 5.00pm
Sat 8.30am - 12.00pm
Closed Sunday and public holidays
2 weeks off over Christmas / New Year
No of Staff:
Salesman
Office Admin
Storeman
Installer (optional)
Vendor Hours:
1 x Fulltime + 1 x Parttime
Approx Turnover(excl GST):
High and trading approx 11%up on same time previous year
Reason for Sale: Retirement and other interests
      General Information

The Andersens story began in the small country town of Gatton, 90kms west of Brisbane in
1958, where a humble carpet laying business started on a journey that would see it become
a household name throughout Queensland and known as ‘the respected name in floor
coverings’.

Today, Andersens boasts 39 showrooms throughout Queensland and 9 locations in New South
Wales.

By achieving a high standard of professional service and commitment for over 60 years,
Andersens remains the preferred choice for floor coverings, offering customers, both
residential and commercial, the best quality brands and the latest products in flooring.

Andersens Flooring prides itself on being a family friendly company

Owning an Andersens Flooring franchise is not physically demanding. Jobs are generally
subcontracted to dedicated floor layers (though the franchise can undertake this function
and make much more money if they so wish).


Other key information includes:

The business occupies the entire Lord Street site, operating out of a professional purpose
designed showroom, storage/warehouse, and on-site parking!

Andersens Flooring has been established in Gladstone for over 30 years and is extremely
well known

VERY LOW rent percent compared to sales

A new 10 year franchise agreement will be offered

Training 4 weeks in Brisbane with continued HO support

Equipment will be sold unencumbered including a vans, a truck, and a forklift

Good turnover, however the sky is the limit with what can be achieved by a motivated
franchisee and the resources readily available by the franchisor

SAV is approx. $50,000 - $75,000. Stock is generally drawn via the main warehouse as
required. This level of stock could be reduced considerably if necessary!

Well trained and knowledgeable staff in place


The return to an owner operator/s is approx $400,000 EBITDA (FY2022).

Bank finance of up to 50% against the business is available to approved applicants


For more information, please contact:

Reg Butler
0438 189 657
reg@brokers.net.au

Gladstone is a city in Queensland and is approximately 550 km by road north of Brisbane,
and 100 km south of Rockhampton. The population is 45,130 (Census 2018).

Gladstone is home to Queensland's largest multi-commodity shipping port.

The Andersens store in Gladstone also services nearby Biloela with a population of 5,500.


Asking Price:
$425,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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