Established Flooring Supplier and Installer – Morningside, QLD

Description

TURNOVER APPROX. $2M – 20% GROSS PROFIT – HIGH GROWTH LOCATION

This is an outstanding opportunity to buy a profitable, family-run carpet and flooring business in a fast-growing Brisbane suburb.

Founded in 2004, the company’s long trading history and excellent reputation is a major point of difference in the local market – and is reflected in the turnover. 

Servicing a large catchment area, Designer Carpets & Vinyls could easily be expanded by a younger owner with drive and motivation.

BUSINESS HIGHLIGHTS

• Sells and installs all types of carpet, tiles and vinyls, as well as providing floor grinding and floor preparation
• Annual turnover is approx. $2 million with a minimum 20% gross profit
• Specialises in hospitality venues (clubs and hotels), schools and all commercial buildings
• Accounts with all major flooring suppliers, including Godfrey Hirst, Polyflor, Brintons Australia, and Signature
• Excellent, established relationships with builders, architects, and manufacturers 
• No permanent staff, only subcontractors – Current installer can stay on if required
• Option to buy the premises for approx. $1.3M – Tilt slab warehouse (143 sqm) and office (47 sqm)
• Owners retiring

The current owners have no need to advertise as they are busy with the amount of work in progress. 

However, the southside suburb of Morningside is growing steadily and transitioning into a high-demand, blue-chip style market. Active marketing could boost revenue significantly. 

This turnkey flooring business offers a reliable cash flow and excellent growth potential.

Price: $400,000 + SAV