CODE

FP574

BUSINESS TYPE

Distribution/sales& Design

AREA

Hills District

BUSINESS ESTABLISHED

January 1997

LEASE

Lease Term-     To be discussed with the current owner   

RENT

Annual Rent-   $36,000approx

Outgoings are included in the rental.

TRADING HOURS - WEEK DAYS

Monday-Friday

TRADING HOURS - WEEK ENDS

Saturday - Sunday (Sales Staff)

AVERAGE TURNOVER

Example-

            2006/7             2007/8             2008/9

          $1,672,049     $2,090,900      $1,692,327

EBIT     390,882         $511,488          $423, 720

NUMBER OF STAFF

General Manager + 5 Consultants

REASON FOR SELLING

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

For more information on this business, please contact:
 Peter Adamek  on  0411 604 448

Email:    peter@businesses.net.au

First Call Business Brokers
Grosvenor Business Centre
16-18 Grosvenor Street, Sydney 2000
 

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