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For Sale
Reference Number: bus5868
2 months ago
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SOLOMONS FLOORING ALBANY

Franchise
Retail
Western Australia
Regional Western Australia
$380,000.00 + STOCK

Are you ready to step into the world of entrepreneurship and take the reins of a well-established and reputable business? Look no further than this rare opportunity to acquire Solomons Flooring Albany – a thriving flooring company located in the regional southern town of Albany.

About the Business:

Solomons Flooring Albany has been a trusted name in the flooring industry since 1890, serving residential and commercial clients with excellence and distinction. With a prime location in Albany and a loyal customer base, this business is primed for continued success and growth under new ownership.

Reason for Sale:

With the current owner having worked in the flooring business since 2006, they are now looking to retire. This opens the door for a new owner to purchase a 20 hour a week business with an excellent reputation and client base.

Business Snapshot:

Revenue: $1,105,385
Profit: $159,168
Stock Value: $40,000
ROI: 41% p/a
Earning Type: PEBITDA
Earning Type Value: PEBITDA
Owner works 30hours pw
Reputable Brand Name with Franchise Support
Cheap Rent
Located in a Growing Town

Summary

Key Features:
- 2024 Turnover $1,105,385
- Gross Profit 27%
- Average Adjusted Net Profit: $159,168
- Same Owner Since Location Opened
- Large repeat customer base
- Great scope to increase sales
- Owner Recently Hired New Staff Member to Take Over Many of His Duties
- Excellent branding in prime location
- Backed by reputable franchise
- Easy operation and systems in place
- Training period included

FOR SALE: $380,000.00 + STOCK

Contact the exclusive broker:
Sam Craven
Benchmark Business Sales & Valuations
M: 0478 832 601
T: 1300 366 521

If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus5868 to search for the business.

Please ensure you have the necessary capital before expressing an interest in this business.

The image shown is for illustration purposes only and may not be an exact representation of the business.
Benchmark Business Sales and Valuations

SOLOMONS FLOORING ALBANY

Franchise
Retail
Western Australia
Regional Western Australia
$380,000.00 + STOCK

Contact Business Broker

Client Testimonials

Melanie made the whole buying process straight forward

Melanie made the whole buying process straight forward and was so calming and approachable. . She was always available to answer my questions and extremely helpful. I highly recommend Melanie. – Gabbi Every (5 Star Google Review)

Melanie Cordony
0417 212 686

Highly recommend Mel

Mel has been fantastic guiding me through the whole process of the sale from start to finish! Would highly recommend her. – 5 Star Google Review

Melanie Cordony
0417 212 686

Clearly explains and patient

Mel was lovely, patient and did all the work and explained everything so I understood it. Very happy. – 5 Star Google Review

Melanie Cordony
0417 212 686

Never missed a detail – Google Review

I can not thank you Glenn Irving and his team at Benchmark enough,they treated me with respect always and never missed a detail ,there were many.I would highly recommended them to handle your business sale .Brilliant. – Chetan

Glenn Irving
0402 754 641

Glenn worked tirelessly to achieve a great sales outcome – Google Review

Glenn Irving from Benchmark Business Brokers worked tirelessly to achieve a great sales outcome for us. Glenn achieved our asking price and made the process as hassle free as possible in what was, at times, a complicated sale. Thanks Glenn – Scott

Glenn Irving
0402 754 641

special thanks to Ian Haggerty for his unwavering involvement

I would just like to say a very big thank you to Benchmark Corporate, but a special thanks to Ian Haggerty for his unwavering involvement, during our recent and very successful sale of my company to a National equipment hire company. The whole process from start to finish was very professional and cordial. Liaising with all stakeholders, […]

Ian Haggerty
0406 661 346

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