$890,000 PROFITABLE TIMBER FLOORING SPECIALIST SERVICES $1.8M T/O

For Sale: $890,000





Business Overview

Sydney’s number one services business in the home improvement sector is now for sale. First time offered to market, this professional timber floor sanding and finishing company has been operating for 29 years throughout the greater Sydney region, primarily servicing Sydney’s most affluent areas.


There is an extensive database of over 40,000 clients including some of Australians most well-known personalities. This is a premium business offering high-end service to both residential and commercial clients.


With a simple operating formula, low overheads, and consistent/strong revenue; even through lockdowns and all economic climates, this is a perfect investments opportunity.


The Vendor is looking to retire and is prepared to assist in a transition with the new owner. The business is well suited to a large range of buyers including owner-operators, investors, or existing service providers of similar nature / in the industry looking to take advantage of this widely recognised and highly respected name.


To date, the business has largely relied on its reputation and generating business through recommendations and repeat clients, the structure has been set up for significant growth which can easily be achieved by implementing marketing and sales strategies.


This business will not stay on the market long, so enquire today as to not miss out on a once-in-a-lifetime opportunity.



Features

  • Reputable name servicing all across Sydney for 29 years

  • Highly profitable with a Net Profit in FY21 of 21%

  • Simple operation with low overheads

  • Well suited as a bolt-on business or for industry enthusiasts and veterans

  • Extensive database of over 40,000 clients

  • Setup for significant growth with a large list of reliable subcontractors





Financials

  • Revenue: $1,746,429

  • Cost of Goods: $1,087,635

  • Gross Profit: $658,794

  • Expenses: $277,757

  • Net Profit/EBITDA: $381,037

  • Owner Operator Earnings/PEBITDA: $491,037


Reference FY21 Accounts








Buying a business is easy with Vision



"We understand that as every business is different, so is every buyer. Ask your broker about the information that the Vendor will make available as part of due diligence, so you know what to expect at the beginning of the process."


Daniel Kogan

Senior Partner

Licensed Business Broker


e: daniel@vbaaustralia.com.au

m: 0401 620 918

t:   (02) 8923 2632





The Purchaser is responsible for conducting their own investigations in relation to this business and VBA does not warrant the accuracy of any information contained in this business.