Successful, established ceramic tile wholesaler based 20 minutes from Perth’s CBD.New Listing.

Successful, established ceramic tile wholesaler based 20 minutes from Perth’s CBD

• Based twenty minutes from Perth, this family owned business wholesales ceramic floor and wall tiles into Western Australia. The business was established in 1984 by the current owner’s father, today it employs five family members, plus another eight staff, with the business currently turning over $3,225,000 annually.
• From humble beginnings, the business capitalised on the fast growing housing and construction industry in Western Australia. The business has built up a solid reputation and many valuable industry contacts and while there are direct competitors, there is possibly only one other WA based business of a similar size.
• The business services the greater region of Perth, to the south of the state and as far north as Darwin. The business is renowned for a high level of personal service, importing a vast range of tiles from Europe and Asia, with approximately 90 per cent of all sales going to regular, repeat clients.
• Approximately 90 per cent of sales are direct to wholesalers and trade clients. Trade clients include selling tiles direct to builders, architects and interior designers. These higher margin trade sales are growing exponentially and there is realistic potential to grow sales even further into this lucrative segment of the market.
• The business has grown steadily and sustainably over the last three decades. After 20 years in the original business premises, the business moved to larger premises in 2004 and then three years ago, the business moved to even larger premises set in a light industrial region that ideally suits the business.
• From premises that total of 1920 square metres, the business is now capable of handling up to four containers of stock weekly. As well, the large premises include a combined kitchen / lunchroom, a showroom / boardroom, a modern 285 square metre open plan office, plus three smaller offices with a large warehouse.
• As a WIWO opportunity, everything is included in the asking price, including all company vehicles, comprising of two trucks, three forklifts and four company cars, plus stock at valuation. As an added option, the freehold business premise is valued at $4 million and is listed for sale.
• Ideally this business would suit a large family, the larger - the better! With decades of invaluable experience, the current owner is looking to slow down; however the owner would be available if required for a flexible handover period and to ensure the ongoing success of this family concern.
• As the business is centrally located less than 20 minutes from the centre of Perth, the new owners have a wide choice of where to settle. These options include living in the city of Perth, the beach suburbs or the stunning surrounding hills district. All these desirable lifestyle options are within an easy 20-minute drive from the business.

Code AUSW11-030

Asking price:

$2.8 Million +SAV + Freehold Optional