Summary
Established flooring, blinds & awnings business on the Gold Coast. ~$1m turnover, strong margins. Walk-in, walk-out incl. showroom, website, accounts, stock & 2021 forklift. $120k
Revenue
$1,000,000 pa
Rent
$61,000 pa
Expenses
$850,000 pa
Net Profit
$110,000 pa
Location Details
12/10-14 Louis Court
Based on the Gold Coast and servicing SE QLD, including Brisbane and surrounding regions. Strong local reputation with steady demand from residential and commercial clients.
Potential
Strong opportunity to scale with increased marketing, additional installers, and targeted growth in commercial flooring and window furnishings. Solid foundation with ~$1m turnover, systems in place, and supplier accounts secured.
Skills
Best suited to someone with experience in flooring, blinds, curtains or awnings, or a business operator with trade/installation knowledge. Strong people and organisational skills will ensure success. Training and handover provided.
Hours
Currently operated full-time with subcontractor support. Flexible hours possible depending on owner involvement.
Lease
Showroom lease available with affordable rent (~$61k p.a.). Lease terms can be negotiated with landlord.
Employees
Operated by owner with subcontractors for installations. No employees transferring. Buyer can choose to continue using existing subcontractors or build their own team.
Reason for Sale
Owner is focusing on other business interests and wishes to step back from day-to-day operations. The business is well positioned for growth under new ownership with full handover support provided.
About the Business
Coverings is an established flooring, blinds and awnings business servicing the Gold Coast and South East Queensland. With consistent turnover close to $1m and strong gross margins, the business is fully systemised and ready for a new owner.
The business supplies and installs a wide range of flooring, blinds, curtains and awnings for both residential and commercial clients. A showroom lease is in place, supported by an SEO-optimised website that generates consistent enquiries. Operations are streamlined with ServiceM8 job management, ensuring smooth quoting, scheduling and workflow.
The sale is walk-in, walk-out and includes showroom fit-out, supplier accounts, client database, website, phone numbers, stock on hand and a 2021 forklift. Vehicles, laptop and personal tools are excluded.
This opportunity is ideal for an existing flooring or window furnishings company looking to expand, or for a tradesperson ready to step into business ownership. The current owner will provide full training and handover to ensure a smooth transition.
Asking Price: $120,000 walk-in, walk-out, including stock and listed assets. A quick sale option is available at $100,000.
www.coverings.net.au
History
Coverings has operated successfully for several years, building a strong reputation across the Gold Coast and SE QLD. The business has achieved consistent turnover close to $1m with stable gross margins, supported by supplier relationships, repeat customers and a steady flow of online leads.
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