Business ID: XB157769
Two Complimentary Business, 3yr Ave EBITDA $1,025,000 pa. Business A: $1,550,000 + SAV(Est $375,000); Business B: $390,000 + SAV(Est $60,000)
These two flooring specialist franchises are owned and operated by the same vendor and are offered for sale together as a package to the successful purchaser. The two businesses are operated separately by a husband-and-wife team on adjoining sites and offer a selection of complimentary products to their customers from each business. It is a one-stop destination that covers all flooring, bathroom design options, and window treatment needs of its customers.
- 134 and 45 years in operation respectfully
- Solid Franchisor support
- Great high-profile corner location
- Regional Town population of 28,674 by June 2024
- Many long-term employees
- Attractive long-term leases in place
- Modern presentation and layout
- Full range of Products and Services
- Residential and commercial clients from a 250 km radius
The current owners are committed to ensuring a smooth transition, this will form part of the
Business Sale Contract. There is also an extensive training induction program offered by the Franchisors.
Both businesses operate as franchises which means the incoming Franchisee will need to be approved by the Franchisor.
Asking Price: Business A: Goodwill Plant and Equipment $1,550,000 + SAV estimated @ $375,000 Business B: Goodwill Plant and Equipment $390,000 plus SAV estimated @ $60,000. Can be sold together as a package or separately, if desired, with the selling price to be negotiated.
Property Code: 3953
