What stops most families from relocating to a more idyllic and enjoyable coastal lifestyle? The likely reduction in income and earning potential resulted from the relocation.
Families looking to escape the stress and overwhelm of modern urban living would contemplate a tree or sea change if they could maintain or enhance their earnings.
Business ownership is the most logical solution to maintaining lifestyle control without compromising income-earning potential.
What stops most people from owning or starting their very own business? The threat of risk of failure and not knowing what business to start?
Desire flooring presents a rare opportunity to achieve the income your family desires and the elusive lifestyle many of us pursue.
The current owner, a single mum of three, has managed to grow and build the business over the past four years; she had no prior experience in this industry before buying.
She is selling to pursue a career in her passion of nursing, and the business has been great to her, bolstering her financial position and enabling her to make this career change.
It is a non-franchise flooring business, which means you are free to promote the business, products, and services you wish without the interference of a domineering franchisor. Plus, you save the exorbitant franchise fees.
Juggling kids and home life, the owner invested between 30-40 hours per week and, for her efforts, generated super high profits.
The business has an established and repeat client base.
We have set a very reasonable asking price of $350,000, plus SAV, which is less than two times profit.
There is also a significant value of work in progress: deposits paid, materials ordered and work completed for customers. The current owner is committed to providing premium customer service and is prepared to help you deliver this work through mutually agreeable terms.
If you want to own the business, please contact sales@capitalcommercial.com.au, and we will provide a detailed information package. Please provide your full name and mobile and the fact that you want to own Desire Flooring.
| Reporting Period | 2023 | Weekly Average | 2022 | Weekly Average | 2021 | Weekly Average |
|---|---|---|---|---|---|---|
| Sales | $1,505,948.00 | $28,960.54 | $1,618,341.00 | $31,121.94 | $1,466,296.00 | $28,198.00 |
| PEBITDA | $225,164.00 | $4,330.08 | $227,358.00 | $4,372.27 | $190,839.00 | $3,669.98 |
| Rent | $27,984.00 | $538.15 | $26,630.00 | $512.12 | $32,485.00 | $624.71 |
| Owners Wages | $31,325.00 | $602.40 | $17,427.00 | $335.13 | $57,647.00 | $1,108.60 |
The premises are subleased.
• Commencement Date: 24 August 2022
• Termination Date: 23 August 2027
• Term: 5 years
• Options: One further term of 5 years
• Security Bond: An amount equal to 1 month’s annual rent, being $2,354.55 plus GST as at the Commencement Date
• Base rent: $28,254.55 per annum plus GST
• Current monthly rent: $2,354.55 plus GST
• Rent review: CPI increase per annum
• Public liability insurance: $20 million
• Total square meters: Approx. 465 SQM
Sale Status : For Sale
Sale Method :
Investment Amount : $350,000
Stock at Value : $55,000.00
Finance Options :
0400 446 605