Summary
Operating 22 years under the current husband & wife owners. Presently concentrating on Floor Sanding with a history of running a floor laying crew as well. Great potential for growth.
Location Details
Newcastle and Hunter Region
Timber floor sanding &/or floor laying business in Newcastle servicing builders, businesses and home owners locally and in the lower Hunter Region.
Potential
Genuine oportunity to step into a long established business at a low entry level price. There is the possibility of substantial growth if the new owner wants to pick up the laying side of the business again, not only with solid timber floors traditionally undertaken by Newcastle Timber Flooring but also by diversifying into the lucrative and evergrowing engineered flooring side of the business.
Skills
Skills in floor sanding are advised as well as the option of floor laying skills.
WOULD SUIT:
*Experienced operator(s) wanting to expand.
*Experienced operator(s) in the flooring industry wanting to go out on their own.
*Experienced operator(s) wanting to relocate to a vibrant coastal city.
Reason for Sale
Lifestyle change
About the Business
Newcastle Timber Flooring is a well established business synonymous with producing quality floors over the years, some of which have featured in award winning homes for local builders in the Hunter region. The majority of work is undertaken with builders, and home owners, with a portion of these jobs coming from referrals and repeat business.
SALE INCLUSIONS
$29400 (May consider separating name and sanding gear elements - Breakdown POA)
*BUSINESS NAME/ NUMBER/ CONTACTS
*SANDING GEAR
Bona 10" belt sander
Clark Super7R Edger
Bona Flexi-Drive with Power Head
Polyvac Sander/Polisher
2 x De Walt Dust Extractors
3 x Orbital Sanders/ Belt Sander/ Vacuum/ Sanding Heads/ Scrapers/ Leads/ Coating Gear
OPTIONAL ADDITIONAL ELEMENTS- Not included in price
*PURPOSE BUILT GALVANISED STEEL & ALUMINIUM TRAILER $7600
*LAYING GEAR $3400
*SAV - Sandpaper/ Floor Coatings
NB. The motivated vendors are considering selling off elements of the business separately including the sanding portion and business name, however these will incur an additional GST charge if not purchased as part of the business as a going concern.
History
Newcastle Timber Flooring has been operating continuously for over 30 years including 22 years under the current owners. Previously operating with a 3-4 person crew undertaking floor laying, sanding and coating work the owners downsized and have been concentrating more on floor sanding and coating.
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