Ad ID: 93499

Flooring Franchise for Sale Southern Lakes Area

Mobile Sales - Leading Franchise Brand; Proven Systems; Strong Advertising

incl. stock & plant

Franchise for Sale Description

Flooring Franchise for Sale Southern Lakes Area

The Opportunity

The business is generating $140-150k+ owner profit and is well established in the territory, with annual sales historically averaging around $1.5m + GST. The reason for sale is genuine, and the vendor is happy to contract back to the business if or as required. The asking price of $255k including all stock & plant represents an excellent multiple in the context of previous territory sales of this brand.

The Buyer

The key to success with this franchise is people skills and sales ability. Most leads are provided by way of franchisor driven advertising, and success is driven by simply presenting products & solutions at the clients’ home and closing the sale. A good retail person or customer service person would excel in this role, particularly one who enjoys matching colours & styles to enhance your clients’ enjoyment of their homes.

Buy One – or Both? (Second Opportunity Listing # 94774)

Another division of the same franchise brand is two years old in the same territory and generates around $85k profit to a working owner, off sales of $750k+. This business has been very competitively priced at $95k including stock & plant as the owners have had a strategic change of direction in regard to their future plans.

The franchisor is the same for both businesses, and each business is actually based in the same Central Otago town currently. A motivated husband & wife (or partnership) could potentially purchase both brands and enjoy a $200k+ joint income every year for the investment of only $350k or thereabouts.

The Franchise Association state there are more than 630 franchised brands in New Zealand, operating around 37,000 individual businesses whose turnover accounts for 11% of the national GDP!!

Business Resources

      A dynamic franchisor, proven systems and two attractive opportunities are available for the right buyer(s) in a very appealing part of New Zealand!

Sale Price $255,000 incl. stock & plant

Net Surplus $140-150k EBPITD

EBPITD: Earnings before paying one Proprietor, Interest, Tax and Depreciation                                              

Interested In This Opportunity?

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Tabak Business Sales (Otago)
For more info
Contact: Kevin Peterson

Kevin Peterson

Kevin Peterson
021 955 834
Tabak Business Sales (Otago)
Licensed REAA 2008
Broker Ref: 160420

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