Link Business
*** SOLD ***

Branded Flooring Price Reduced

Listing: #EL00641
price

$250,000

Profit

sales

industry

Auckland City

Industry

Home & Garden



About this Business for sale in Auckland City

Branded Flooring Price Reduced

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.

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

Enquire Now
This listing is no longer taking enquiries as it is SOLD

*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.