This is a proudly Australian owned and operated business. The business always aims to exceed the expectations of their clients by providing high quality window covering solutions to mostly residential and some commercial clients.
Their client base is predominantly based in Sydney’s Eastern Suburbs (approx 70%) and the balance in the North Shore as well as some other projects throughout Sydney. This is a unique business opportunity for a well-known and respected business that excels in providing solutions for residential homes as well as commercial offices. The business often sells a combination of products which compliment each other in different places in the home. The business commended by the current owner in approx 1990 and thus has an incredibly long history of success.
They receive approx. 30% of its work through referrals from Interior Designers and approx. 60% of new enquiries come from word of mouth referrals. This averages between 8-10 new sales leads weekly. There is no advertising and marketing done and an increase in this activity could substantially increase leads should a new owner so desire. The owner/operator works from home and uses contractors for the installations.
- Established 29 years ago and acquired by the vendor in 1999, with a reputation for quality and reliable service.
- This business services mainly residential homes and on occasion commercial offices with window covering solutions, i.e. curtains, blinds, shutters and awnings.
- The owner has built the customer base through referrals only – no marketing has been required although there is a simple and informative website.
- Huge opportunity to build the business with new social media marketing via Facebook, Instagram and Google ads.
- Very stable business model with years of consistency as can be evidenced via the financial statements.
- An established business, with clients primarily situated in the Eastern Suburbs and the North Shore i.e. high demographic income and who appreciate good service and quality products.
- Excellent cash flows- customers pay 50% deposit on placing of the order with the balance paid shortly after installation whereas the Suppliers are paid 30 days.
- Can easily be run from home- no stock or showroom required.
- Service industry that cannot be exported overseas or be easily disrupted by the internet.
- The Suppliers are based locally except for the shutters which are imported.
- Enormous scope for scalability and possible franchising in other states.
- Current Status: Listed for Sale
- Code: RN 620
- Type: Curtains, Binds, Awnings and Shutters
- Location: Sydney
- Sales: $700,000
- Period: Annual
- Net Profit: $185,000
- Price: $199,000
- Long Financials: Tax Returns available for due diligence
- Staff: 1