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Are you looking for an opportunity to grow a “Flooring Franchise?". Look no further this established retailer with a showroom warehouse has appointed 2 franchisees and family migration has necessitated this opportunity for a new owner to grow the brand.
You will also get 2 websites with 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.
You will take over a sale of 2M and EBIT of over $100k per annum a strong team infrastructure and marketing, 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. 1 sales,1 admin in showroom and 1 admin in the 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.
Vendor will provide comprehensive training and hand over of all aspects of the business. Asking price $250,000 including stock, approximately $70,000.
Please complete online confidentiality by opening the listing https://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
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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