Excellent opportunity to own a profitable flooring company

Service
| Under Management
| Perth Metro
GMO Ref# 6694

PRICE

560,000

NET PROFIT

TBA

Justin Osborn

Contact Justin Osborn for more information on this business opportunity

A rare opportunity has become available to own a long-established flooring services business.

This turnkey, profitable well established timber floor sanding and coating company has developed a highly regarded reputation for excellence with a widespread client base, including government contracts and preferred supply arrangements.

  • Full time staff employed
  • Government contracts in place
  • Clients include: councils, government, schools, sports stadiums, general commercial and residential
  • Further growth opportunities available to the new owner.
  • Large repeat order base.
  • Historical ongoing growth.

This business operates with a strong gross profit margin, minimal working capital and stock, low rent for storage and a reliable workforce – this is a highly attractive enterprise to own with very low risk and numerous profitable growth opportunities for a new Owner to explore.

Business Broker |

Justin Osborn is experienced and accomplished in business with a wealth of knowledge and expertise in the broking field. With a strong background in both business ownership, finance and sales, Justin brings a unique perspective to his role, making him a valuable asset to his clients.

Having owned several businesses across diverse industries, ranging from manufacturing to hospitality, Justin understands the challenges and intricacies involved in running a successful business. His firsthand experience provides him with valuable insights into the various aspects of business operations, enabling him to effectively guide his clients through the buying and selling process.

Prior to becoming a business broker, Just spent many years working in business finance and credit payment platforms. This experience equips him with the ability to analyse financial data, evaluate business valuations, and negotiate favourable deals for his clients.

Complementing his practical experience, Justin holds a bachelor’s degree in Business and Marketing. His educational background provides him with a solid foundation in marketing strategies and business development, enabling him to create effective marketing campaigns to attract potential buyers and showcase businesses in the best possible light.

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CONFIDENTIALITY DISCLOSURE AGREEMENT

  • The disclosers are willing to disclose such information to the recipient subject to their acceptance of the following conditions:
    1. The recipient shall treat all information received from the discloser as confidential and shall ensure that all such information remains confidential and shall not use any such information in any way other than for the specific purpose aforesaid. The recipient acknowledges that all conditions subsequent in this disclosure apply to the recipient and any associates of the recipient be they partners, co‐directors, trustees, holders of shares or officersin entity(s) the recipient has interest in.
    2. The obligations of paragraph 1 shall not extend to any such information which is in the public domain, or which hereafter becomes part of the public domain otherwise than as a result of any unauthorised activity or omission of the recipient, or which is already in the possession of the recipient and was not derived from the disclosers.
    3. The recipient shall return all such information received other than that which is submitted orally at the termination of such negotiations entered into as a result of this agreement.
    4. The obligations set forth in paragraph 1, 2 and 3 shall terminate 12 months from the date of this agreement or upon the disclosers and the recipients entering into an agreement whichever event occursfirst.
    5. The recipient shall obtain no rights of any kind to such information other than for the specific purpose stated in this agreement.
    6. The receiving party will not utilise any material made available to improve, construct or change another business, in such a way as to allow that business to compete with the business being discussed.
    7. The recipient understands that the information has been compiled by GMO from details provided by the Vendor. Prospective purchasers should be aware that it is not intended that any projections or this information be treated as a representation, warranty or promise by GMO or its representatives, as to the correctness of the information, or that all relevant information is contained in the information provided.
    8. The recipient acknowledges that they will not act on information provided without first seeking independent financial and legal advice.
    9. The recipient hereby agrees to declare any beneficial interest in any business that could currently be interpreted as being in competition with the subject business.
    10. The recipient agrees to return all documents supplied within 50 days of receipt (and any copies) should they decide not to proceed. The recipient further agrees to destroy any electronic information supplied by the Seller or GMO and to instruct their professional advisors to also destroy any information passed on by the Seller, the recipient or from GMO.
    11. The recipient acknowledges they are precluded from physically visiting the premises of the business or talking to any client, supplier or employee of the business without the permission of the discloser.
    The recipient/s hereby accepts the above conditions as binding on them in respect of the information referred to.
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