Cascade Carpets is a long established business, first established in the 1970's. Throughout these past 40 years it has built up an exceptional customer base and is highly regarded in the industry. Situated in a prime location in Pakuranga, it has great space of over 600m2 which houses the extensive range of carpets that they supply, with both retail and wholesale options available. The current owner purchased the business 8 years ago and it has treated him very well, he continues to develop and expand their sourcing of goods which increases the variety of carpets that they sell.
The owner sources products at a good price both here in NZ and overseas to ensure a healthy margin is consistently achieved. The owner works full-time in the business and his main role is to measure and quote for the client, purchasing and overall general management. The 1 FT & 1 PT experienced staff look after the clients from there and ensure that the products are in stock and cut and installed to the customer requirements by the sub-contractors.
The cash surplus or EBPITD for the 2019 financial year-end was over $170,000, with options to take more from the business. This is a very good opportunity for someone with client facing experience, along with a sales and marketing outlook to take it to another level. You do not need to be a carpet expert to run this business as all essential training and an extensive handover will be provided.
For a confidential discussion please complete our online confidentiality agreement.
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Contact Jane Gu - 022 028 0891 or Daren Leng - 021 027 86045 for more information.
Price $369,000 + estimated stock value $100,000 - $150,000
