The local market leader that’s beating the big brands
Key Strengths:
Established business with 20+ years of experience – Revenue 1.3Mil
Extensive customer base of 5,000-6,000 clients on the books
A unique location with high customer traffic
About the business
This NSW-based business has been providing quality carpet and floor-covering services for over two decades. They are dedicated to going above and beyond to ensure that each customer leaves satisfied; whether they need help building a new home, renovating an existing property or giving their office a face-lift.
The company offers carpets, custom rugs, overlocking, timber, laminate, hybrid bamboo, cork and vinyl for both residential and commercial customers as well as DIY accessories. Despite the ever-changing market conditions this business has managed to maintain its loyal customer base with high rates of repeat customer referrals resulting in an impressive annual turnover of $1.3M+.
With over 2 decades of experience, the company prides itself on their incredible reputation for customer service and relationships, boasting a 4.9 Google rating with over a hundred reviews. With an existing customer base of 5,000-6,000 with many strong brand advocates, they receive a lot of enquiries from word of mouth referrals and local brand advocates in social media groups.
About the Opportunity:
This is an amazing opportunity to own a carpet and floor covering business with minimal competition, market stability, and high customer base.
With a projected market volume of AU$15,810.00m in 2023, the revenue in carpet and floor covering business is expected to show an annual growth rate (CAGR 2023-2027) of 16.44%, resulting in a projected market volume of AU$1.01bn by 2027.
This presents great potential for this business to grow even further. With over 20+ years of experience as the local favourite in the area, you can take advantage of its existing clientele while continuing to build upon it.
The current owner wants someone who can help them take their enterprise up another level by providing innovative solutions that will bring more customers into their store.
Key Features of the Business:
A lucrative industry with massive growth potential
Successfully operating for over 20 years
A strong customer base – recurring business
A business poised for growth with pathways to other markets
All stocks are included in the sale
Gain the edge over competitors by taking on an established carpet & floor covering business in a stable market that shows great signs of annual growth.
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