Cheltenham VIC 3192

$600,000.00

Flooring Solutions and Installation Company - Bayside

Phone enquiries - please quote property ID 32494.

Prime Location - Outstanding Reputation - First Time to Market - Adjusted EBITDA of $635k

An iconic, family owned, flooring solutions and installation company for sale - over 50 years trading with an existing database of clients, strong sales and consistent profit.

Key features of the business
Trading for over 50+ years
Adjusted EBITDA of $635k in 2022/2023
Perfect corner location on a major intersection
Fantastic showroom, ample room for increased capacity.
Market leader with significant competitive advantage.
Highly loyal client base with an established network.
In demand, exclusive product and service offerings.
Enviable supplier network
Ongoing repeat business and high referrals rates.
Poised for expansion in a high growth, lucrative industry.
Owners retiring but will assist with transition - there to help.
Asking Price is only $600k + SAV

This carpet business is a highly successful business, with a 50 year market presence, enviable reputation, loyal clients and organic growth. The family owned business is perfectly located with an impressive showroom and warehouse on a well exposed corner in Bayside.

The business offers an extensive selection of quality flooring products including carpet, carpet tiles, vinyls, luxury vinyl tiles and provides expert in-house installation and finishing services, along with floor rugs, maintenance products, beans bags, statement furniture and rug rentals.

The company has secured a solid foothold in the floorcovering sector with the brand becoming synonymous with excellent customer service, quality products, and extensive range.

This well established business provides an easy transition for new owners and an excellent “second to none” high profile presence in and around Bayside.

The owners are selling due to retirement but are more than happy to support the transition as agreed. This business offers a perfect opportunity for someone already in the carpet industry to relocate to a premier location in the Bayside area, for an existing business to further expand their brand or network, or for a new entrant to the marketplace to take advantage of a strong established and respected business.

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Property Details