BUSINESS FOR SALE - TOWNSVILLE

28 days ago

Location:
Garbutt 4814 > Regional QLD > Queensland

Investment level:
$700,000 - $800,000 + SAV

Type:
Business

Industry:
Retail > Homewares & furniture > Furniture

Private Seller Across Floors Pty Ltd

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Summary

Across Floors is an outstanding independant floor coverings business, with a huge customer base. Operating for 12 years with a retail shop, commercial portfolio, attached warehouse and a long lease.

Location Details

3/298 Bayswater Road
Heavy traffic area, fantastic shop front exposure with window advertising for Carpets, Floating timber, hybrid timber, vinyl plank (largest range in town at the best prices), plenty of parking for our valued customers.

Potential

Because we do limited advertising there is plenty of potential to expand the business with a marketing plan put in place

Skills

We have a very experienced book keeper with the skills of an accountant who is very capable of running the financial side of the busines and Sales/Estimating staff who look after their own jobs.

Hours

Monday - Friday 9am - 5pm
Saturday - 9am to 1pm
Sunday - closed

Lease

Lease for a period of 3 years from 1 August 2021 to 31 July2024

Employees


As above

Reason for Sale

The Owners want to retire

About the Business

Across Floors Pty Ltd don't have the overheads of floor covering companies attached to a group, therefore we are able to pass our savings onto our customers and along with our expert sales/estimating team and installers, it is the formula for our successful business. Across Floors are located in a high traffic area, with a retail shop that has excellent street front exposure, commercial portfolio and an attached warehouse, excellent staff in place and a long lease. We do very little advertising, most of our business is return business and word of mouth. So there is plenty of room for expansion if you choose to advertise.

With Covid 19 affecting all of us, our government and commercial work came to an end during the finalcial year ending 2021 and our figures have been lower than the previous financial year, but still more than porfitable. This financial year has turned around for us and Across Floors is back on track with government and commercial work flowing in again.

Our gross turnover just under $4Million


Townsville is a high growth area, with many of our Southerners moving up to the Covid free tropics. Zero cases to date. We have excellent state and private schools and James Cook University is world renowned for their medical and science degrees.

Magnetic Island is only a 20 minute ferry trip away, and is 70% National Park and touches the Great Barrier Reef.

Townsville and Magnetic Island are dry tropics located in North Queensland which doesn't mean we don't get rain we are just don't get inindated rain most of the year like Cairns and Far North Queensland. We just enjoy the sunshine, crystal clear blue water and palm trees swaying in the breeze.



History

The business has become successful by saucing a large range of quality products at competitive prices. We pride ourselves in customer service and professional installations, and our valued customers recomend us to their family and friends.

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