Very profitable operation employing a small number of staff and no building licences are required. It does not stock any product, as very large national chains refer the customers who have purchased and paid for the product that they cut and clue. Therefore. no stock plus low overheads equal large profits.
Revenue
$781,036
Net Profit
$485,492
Potential
Growing Business with the opportunity to increase sales and revenue without more capital needed.
Skills
No special skills or licenses required.
Hours
Monday to Friday
Lease
3 years with an option
Location
Burleigh Waters Industrial estate.
Employees
4 part-time employees
Reason for Sale
Looking for a change and a break from business
About the Business
This business specialises in customising products used inside the home and outdoor area. They deliver precisely what their customers require.
They customise a huge range of tiling and flooring for indoor, outdoor and pool areas. Their precision cutting techniques mean their customers get a stunning quality finish every time.
The business has experienced rapid growth, recording revenue over $700k for FY2024, a 70% increase over 3 years from $400k in FY2021. Generating near $500k in earnings for the owner in FY2024. The business is turning away attractive projects due to capacity which can be addressed as their existing workforce is fully deployed and recruitment and training would see the business grow from organic demand.
The business is currently training additional staff to meet the strong demand. A new owner could add resources to meet this excess demand and boost revenue and profit.
The Owner estimates there is a further demand for approximately $200k of work based on the requests for quotes which have been declined, or customers have sought alternatives. A large proportion of these inquiries would be for new clients as existing clients are currently taking priority.
Extensive Plant and equipment estimated value $500- 600K.
History
Established over 25 years
Sale Price
$595,000
