www.aubizbuysell.com.au/114956
Ad ID: 114956

Carpet Court & Luxaflex Galley Business for Sale Bega NSW

Carpet Court & Luxaflex Gallery Retailer / Business for Sale Bega and Pambula, NSW.

Location:
Asking:
$1,150,000

Why buy this Carpet Court & Luxaflex Galley Business

Carpet Court & Luxaflex Galley Business for Sale Bega NSW Asking: $1,150,000

Both the Bega and Pambula stores located in the NSW Far South Coast were established 30 years ago.
This is an enormously successful Flooring & Window Furnishing Sales and Installation business.
As an owner-operator or managed enterprise you'll be joining an established organizations built on a growing network and evolving product selection.

Carpet Court (member)
With over 200 retail stores across Australia, Carpet Court is one of Australia's most recognisable and sought after brands with enormous bulk buying power that source first-to-market designs and exclusive products and brands unique to the business.
Carpet Court enters its 50th year in 2023 and is the most dominant flooring group in Australia offering support and guidance for its membership and a trusted brand for its customers.
Membership allows access to Australia's leading suppliers and exclusive Core ranges backed with market leading promotional and advertising campaigns.

Luxaflex Gallery (alliance retailer)
Pambula/Bega Carpet Court has Luxaflex exclusive territory agreement with top tier Gallery store status.
The exclusive territory covers Cobargo in the far south coast of NSW to Mallacoota in Victoria.
Being part of Luxaflex network not only means access to exclusive and innovative products but a strong and trusted brand with a sophisticated marketing program.

Key Feature of this business includes:
* Revenue $3,992,000 - FY 2022 & 2021 average
* EBITDA (managed earnings) $604,000 - FY 2022 & 2021 average
* PEBITDA (working proprietor earnings) $698,000 - FY 2022 & 2021 average
* Plant & Equipment to the value of $200,000 included in the asking price
* Proprietor owns the Bega store and leases the Pambula store
* Lead generation website assigned to exclusive territory
* Carpet Court & Luxaflex Gallery Showroom, exclusive territory
* Experienced staff being 1 x F/T Proprietor, 5 x F/T staff, 1 x P/T staff and 1 x Casual staff
* Located in an area recognised as one of the most beautiful in Australia

The owners are seeking to transition to retirement.

For a full Information Memorandum, copy and paste this link to complete the confidentiality agreement - https://forms.gle/cnbXV8ncybMsoDt49
For more info
Contact: Dru Morgan

Dru Morgan

Business Brokers Network Australia
Broker Ref: 18746

Save or share this opportunity

Email to a friend / myself