Ideally located in Allan Street, Kyabram
Large retail premises with opportunity to use additional land
Both businesses well established
Plenty of opportunity to grow both businesses
Well branded with large window presence
Kyabram PaintRight is a home decorating service centre offering the best painting solutions for DIY to the professional painter and is renowned for its high level of friendly customer service and advice.
Alongside Kyabram PaintRight, the owners run a second business from the same premises; Ky Steam Cleaning. Ky Steam Cleaning provides commercial and residential cleaning and industrial work including carpets, upholstery, car interiors, concrete, furniture, and tile and grout cleaning.
The businesses operate from a large retail premises ideally situated in Allan Street, Kyabram. This high profile main street location provides excellent exposure to plenty of pedestrian and vehicular traffic.
The exterior of the store is well branded with a large front window presence.
Kyabram PaintRight was established more than 50 years ago and was acquired by the current owners in 2011. Ky Steam Cleaning was established approximately 35 years ago and was also acquired by the current owners in 2011.
Kyabram PaintRight is run under a Member Agreement with Paint Right Pty Ltd. The PaintRight Group provides guidance and support for store operators including best practice manuals, dedicated staff training programs and other industry tools to help businesses run smoothly.
The current premises is very large and there is opportunity here to potentially utilise the rear of the building along with the extra land at the back. Another business complimenting the paint store and steam cleaning businesses could be introduced, such as interior design, floor coverings or blinds.
Ky Steam Cleaning is currently operating a maximum of two days per week and perform little to no advertising. A renewed focus on the business together with a comprehensive marketing plan including social media across all platforms would certainly benefit. There is also opportunity to expand upon the services offered.
Five Kyabram real estate projects are on track to give the town an injection of almost 600 new homes in the next two years (source: Kyabram Free Press). These coupled with an increase in the renovation of existing homes tend to directly contribute to the Australian paint market and steam cleanings industry growth.
