This is a perfect opportunity to buy a business with existing and contracted work on the horizon. The business is perfectly located just outside of Geelong near one of the fastest growing corridors in Victoria, the Surf Coast!

New owner is guaranteed $1.3M in contracted work with circa $261K in profit based on current work schedule.

Revenue

2023: $2,400,000 – Estimated

2022: $2,129,488

2021: $2,439,270 – covid affected

Rent

$53,815 pa

Location

Near Geelong with a showroom

Hours

5 days, Mon-Fri: 9am – 5pm and Saturday by appointment

Employees

1 x Owner

1 x PT Staff member

8 x regular subcontractors with others used as required.

Reason for Sale

Family

About the Business

The business has a longstanding reputation in the industry. It provides both solid and engineered flooring solutions as well as a great showroom to cater for walk-in direct to consumer clients.

The business has a very simple model and does not require you to be on the tools at all. It is profitable and the current payment terms ensure you are protected against any of the uncertainty within the building industry.

With the amount of profit calculated in the contracted work the buyer of this business is likely see a return of their investment inside the first 12 months of operation.