Luxaflex Gallery Store, Tanunda

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Business Description

 

Luxaflex gallery store in a prime position. The vendor has operated this franchise for 18 years and wishes to retire. A very broad franchise catchment area is included to an accepted purchaser.

The store operates 5 days only. It is showing a return to the owner’s investment of approximately 96%. The exclusive territory for this store ranges from Gawler to Auburn and Morgan to the Barossa Valley.

The business is ideally suited to a husband and wife; however, the current vendor successfully operates it alone with the assistance of two staff, both of whom are very experienced. The store only sells Luxaflex products, except for some roller shutters, security and gliderol doors and the purchaser has scope to sell more products.

Luxaflex is a household name and are a franchise which have been trading in Australia for 61 years. The franchise take care of all national advertising and provide the website and all ongoing web maintenance. There is a state manager in place for support to franchisees and all training is provided by the group, so a new owner need not have any prior experience in the industry. There are a further six gallery stores in South Australia and all stores work well together and will also be supportive of a new owner.

Rob Dansie 0414 828 246

 


Extended Price Information

Goodwill including Plant & Equipment $85,000
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$85,000


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Staff Summary

One full time vendor plus one full time sales/administration staff and one full time installer.

Lease Summary

Current Rent $2,700 per month incl. GST per month
Lease Term Currently periodic - a new lease is to be offered
Outgoings Included in the rent
Current Rent
Current Rent
Current Rent
Current Rent

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Plant & Equipment

Original Cost of Plant $130,567
Written Down Value of Plant (approx.) $16,111
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