CARPET RUGS MATS - Binding Company Melbourne (RS2093)

Established business looking for new owner

Asking Price: $645,000
Weekly Sales: $25,000

Lease Details:

Factory and Office
  • Lease Term three (3) years commenced Sept 2015
  • Further three (3) year option expires Aug 2021
  • Current rent $8,695 pcm + O/G + GST
  • Review 3% p.a.
  • Security one (1) month rent
Listing Photo
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Business Details:
A business that has stood the test of time and still growing
  • Established in 1969 with current owners over the last twenty years
  • Providing a binding and over locking service to the carpet industry
  • Regular and loyal clientele
  • A unique niche in a growing market space
  • Established operations and systems
  • Excellent margins
  • Fully trained staff
  • Vendor is retiring but happy to assist the new owners throughout the transition period
  • Opportunity to expand the business with  direct sales
  • This is a business that would suit a family or partnership

Its not often a business is on the market having been established in the sixties and still providing a service in demand. With an excellent track record, established systems and procedure and fully trained staff, the vendor is selling after twenty years.

Whilst lasting the test of time, there are significant opportunities to further grow this business and provide greater offerings to its already loyal and regular client customer base or expand the business into new contemporary markets.

The vendor is also happy to stay and assist to provide a smooth transition as well as to ensure the existing clients are offered the same reliable and high standard of service they have become accustomed to.

A partnership or family - this business is ready to expand further.

Please contact Broker ROB SEMMEL ON 0413 483 241 to discuss further or have him prepare an offer to suit your requirements.

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Contact Broker: Rob Semmel on Mob 0413 483 241 or via e-mail click here to request a business profile.

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