Flooring and Window Business For Sale
Gore, Southland, New Zealand
First class service from selection to installation
Successful Flooring and Window Furnishings business in Gore for sale
Gore, the second largest town in Southland, has a long history as one of the most prosperous regions in the South Island.
Gore’s economy is based on the rural sector, particularly agriculture and forestry. Sheep farming was once the dominant industry but now dairy farming is booming and is bringing significant new wealth to the town.
Other significant industries that bring jobs and prosperity to the Gore Region include coal mining (third largest coal producer in the country), meat processing at nearby Mataura, and tourism (especially for the brown trout fishery). With prosperity has come an explosion in new homes, new businesses and renovations of existing properties – all requiring new floor coverings and window treatments.
Floor coverings and window treatments
Thompson Flooring Ltd has been retailing and installing floor coverings in the Gore Region for over 18 years. The business is a member of Flooring First, a nationally-promoted brand-buying and marketing group, and offers:
- leading brands of carpet and vinyl.
- floor sanding and floor preparation products.
- window furnishings, drapes and blinds, and more.
This well established, and highly regarded lower South Island family business has come on to the market because the owners are retiring. Thompson Flooring Ltd offers a diversified mix of retail and installation services and the annual turnover exceeds $1 million. This is an ideal business for a new owner who has flooring industry or retail experience and wants to purchase a leading business in an attractive rural town. The business can be purchased as one going concern unit or the retail and floor covering services can be purchased separately.
The business would also suit a new owner wanting a career change. Prior experience is not necessary as the business employs skilled sales and tradespeople who can maintain the business at its present operation.
Successful business offering a complete service from sale to installation
Thompson Flooring is renowned for its high standard of customer service and wide choice of floor coverings for homes, offices, cribs, holiday homes, rental or commercial property:
- Retail sales (domestic and commercial) of floor coverings (carpet, underlay, vinyl, tiles, wood).
- Retail sales (domestic and commercial) of window treatments (drapes, curtains, blinds), soft furnishings, and related products and fittings.
- Laying and installation (domestic and commercial) of carpets and other floor coverings.
- Floor sanding.
- Carpet clean-up and floor repair (insurance work).
- Fitting of window treatments (curtains, blinds, drapes).
Thompson Flooring Ltd is a long established business, well known to customers in Southland and West-South Otago. The business enjoys a high amount of repeat business from builders, Insurance Companies and the general public.
Quality service ensures continuing repart business
Flooring First
Thompson Flooring Ltd is a member of Composite Retail Group http://www.compositeretail.co.nz/ one of the biggest co-operative buying groups in New Zealand. Composite Retail Group operates Flooring First http://www.flooringfirst.co.nz/index.html, a grouping of 40 owner-operator flooring stores throughout New Zealand.
Flooring First assists members through advertising support including catalogues, television, radio and in-store merchandise displays. Flooring First also assists with staff training and ways to increase store traffic. Fourteen major suppliers partner with Flooring First.
Leasehold premises
Thompson Flooring Ltd leases ground floor retail space at 15 Hokonui Drive in Gore. This is a prime corner site with a large glass area to the street frontage.
Ideal location on high visibility corner site
The building (330 square metres) was constructed of low maintenance materials in the early 1970’s and offers around 300 square metres of retail space. It has a separate office, staff toilet and ample stock storage space. The premises have new floor coverings as well as display stands on interior walls.
The lease is for 2 x 2 x 2 years, commencing 2007.
Workshop
The business also operates a workshop (about 155 square metres) located in a nearby industrial area. The workshop is of concrete block construction with wooden floor and has a separate storage shed. A formal lease for the workshop will be available for the new owner.
Assets being sold
A complete list of all lessee fittings, fixtures and chattels being sold is available. Main items include:
- Shop - fittings, display stands, customer counter, cutting table, fixed floor coverings, light fittings.
- Office – computer, printer, answer phone, fax, filing cabinets, desks, chairs, calculator, Eftpos terminal.
- Flooring plant - sanders, staplers, edger, compressor.
- Insurance work - dehumidifier, vacuum cleaner.
- Workshop plant – carpet trollies, measuring and cutting tools.
- Vehicles – vans and trailers.
Day to day management
Business Hours:
Monday to Friday - 8.30 am to 5.00 pm.
Saturday morning - by appointment.
Staff:
The business is operated by the two owners plus two full time and one part-time person in sales/measuring and fitting drapes, plus three floor covering layers, and two drape sewers. If required, the present owners are available to assist the new owners, terms by arrangement.
Stock:
Stock at valuation will likely exceed $60,000, depending on work in progress and the number of house lots of carpet that are on hand. Generally, stock held is for work booked one month ahead.
Advertising and Promotion:
The business advertises through shop signage, and a listing in Yellow Pages. Advertisements are placed in local newspapers and on local radio, the AA magazine, and with newspapers that are delivered to farmers. Flooring First provides substantial additional advertising along with an Internet web site.
For more information, contact accountant
Chris Boyle on +64 3 208 9240
Gore and Southland
The town of Gore is situated on the banks of the Mataura River in Eastern Southland. The town is divided into two parts - the main part extends along the west bank of the Mataura River and a smaller part, called East Gore, occupies the opposite bank.
Gore, the second-largest town in the Southland region. The surrounding Gore District covers 1,250 square km with a population of about 13,300. The fertile farmland around the town benefits from consistent rainfall and provides the ideal environment for intensive farm operations. Farming, rural services, forestry, meat, Medium Density Fibreboard manufacture and tourism are the district’s major industries. Many other innovative and unique businesses flourish including floriculture and vintage aircraft restoration.
Gore is renowned as the world brown trout capital of New Zealand with a world-wide reputation. The Mataura river offers some of the best 'match the hatch' fishing in New Zealand with prolific mayfly hatches. The season runs from October through to March and attracts many international anglers.
To find out more about Gore, click on:
http://www.gorenz.com/
http://www.teara.govt.nz/1966/G/Gore/Gore/en
http://www.gorebiz.co.nz/
http://www.goredc.govt.nz/
http://www.gore-high.school.nz/
http://www.nzmuseums.co.nz/MuseumDetail.asp?MuseumID=104
http://www.flyfishmataura.co.nz/
