Well Established Floor Installation Business

8 months ago Brisbane, Australia Ad Views:405 Ad ID: 3843

Additional Details

  • Ad ID3843
  • Posted On8 months ago
  • Ad Views405
  • Price$495,500


Well Established Floor Installation Business With Growth Opportunities

 Top tier floor laying business with solid profitable trading history.  Based in an ideal location in Brisbane, with easy access to a major arterial highway. Most of the work is generated from Insurance work (70%) and the rest from commercial and some residential.  Experienced staff will stay in the business allowing for an easy transition for a new owner. This business has a huge potential to expand its operations under a driven owner.

Advantages of this business:

- Highly profitable (2019, $326K), (2018, $940K)
- Operating 5 days per week
- Accreditation by Insurance companies
- Long established business serving insurance claims, private and development work
- Current owner only does the quotes and no work on the tools
- New lease for the office and warehouse
- Well known successful business
- Working processes in place to ensure efficiency of operation
- Work with developers on new estates and commercial business
- Sales for 2018 were $2.4M

The owner has been operating the business for 48 years. He will provide support to ensure the new owner has a smooth transition into the business. Then, it’s time to go fishing.