Melbourne VIC 3000
$650,000.00

DESCRIPTION

Phone enquiries - please quote property ID 20508.

On the Market after 30 years - Rare Opportunity for a Well Established Premier Carpet and Rug Finishing Products and Service Business.

-Profit over $350,000 pa.
-Established 48 years with an excellent reputation.
-Variety of services - differing income streams.
-Documented systems and procedures in place.
-Huge growth potential.
-Established client base, fully trained loyal staff.

This business provides huge growth potential on top of an already existing highly profitable and sound business model. Having positioned itself as the premier company for providing a complete range of carpet finishing products and services it continues to set the benchmark in this growth industry.

Established in 1969 this family run business provides complete carpet finishing throughout Victoria and has built a strong reputation of quality workmanship and attention to detail. The company maintains an extremely loyal, established client base consisting of major manufacturers, carpet stores and everyday consumers.

This unique business specializes but isn’t limited to carpet over locking, tape binding, felt/foam/no slip backing, tape border, custom made rugs, carpet sampling for manufacturers as well as mobile over locking for large rugs on site. The differing income streams offer a consistent and regular turnover with low overheads and good profits. A showroom/factory in the Eastern suburbs compliments the business operations located in a large warehouse in the South East suburbs.

The vendors are retiring after establishing a unique footprint in the carpet industry with well documented systems and procedures in place along with loyal, fully trained staff available to new owners.

With revenue exceeding $1.3m and excellent returns the company has been relying purely on word of mouth referrals through their strong reputation of quality workmanship and attention to detail with minimal social media presence.

There is huge growth potential for a new owner to leverage this renowned business alongside a active marketing plan to attract new customers and expand into other markets. Along with continuous industry growth, further potential lies in geographical expansions, additional product and services lines and increases in capacity.

With one vendor happy to stay on, this an ideal opportunity for a new owner to build on an already profitable business model and further expand operations to a wider network.

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