SOLD! Stylish Blinds and Curtain Business on the Central Coast. Income $180K in 2017
BS8394
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SOLD! Stylish Blinds and Curtain Business on the Central Coast. Income $180K in 2017
The owner is looking to retire but is prepared to offer ongoing support, currently works 4 days per week.
All blinds are fitted by third party contractors with the owner working mainly in admin and sales. This business could be operated under a semi-management structure. The product is excellent and the business has been established many years and comes with a loyal customer base. Large portion of sales comes from B2B customers.
Customers include home owners, retirement villages, Real Estate agents and relocatable home manufacturers.
BUSINESS HIGHLIGHTS
- Well established client base
- FY 17 Revenue $778K & 45%GM
- Good reputation with customers and suppliers
- Scope for growth via housing development on CC
- Clients typically within 10Km radius of showroom
- Only supplies quality products
- No large investment in inventory required
- Owner works 4 days per week
- One staff member 4 days per week
The owner wishes to see a successful transition to new ownership and will negotiate an agreeable handover period with the new owner.
The business has been operated to suit the current owners lifestyle and it also currently outsources installations to contractors. This may create the opportunity for the business to be suitable for a husband and wife team by bringing the installation tasks ‘inhouse’ to generate additional revenue/income for the owner(s).
Alternatively the business would be suitable to single person ownership with the assistance of one staff member.
The business is for sale for $268,000 plus SAV which includes Goodwill, Plant and Equipment, Fixtures & Fittings
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