Leading home improvement franchise business

Business Details

Want to own a systemised business with a market leading product? Want to be a part of premium network of home improvement businesses?  Want to own a business with a prime position in a booming local property market? Do you see opportunity where others don’t?

If you answered yes to these questions, then Granite Transformations Gold Coast is the business for you. The owners have established and systemised this business in one of Australia’s premier property markets, the Gold Coast. Unfortunately, due to a career change, and a new job within the Granite Transformations network, the current owners have not been able to fully explore this businesses potential.

With the residential construction market booming, the best way to take advantage of this opportunity is to own this market leading home improvement business. ‘The Gold Coast is leading the state in residential construction following a bumper 2016 sparked by a Commonwealth Games building frenzy. House and unit approvals were up 20 per cent across the city, according to peak construction and building industry association Master Builders Qld. The association’s Building Industry Outlook 2017 reveals the Coast’s standout performance was sparked by employment growth and a thriving tourism industry. The second stage of the light rail network, redevelopment of Jupiter’s Casino and the $1 billion Jewel development are also mentioned as bringing work to the region.’ Source: http://www.realestate.com.au/news/gold-coast-house-and-unit-approvals-up-while-brisbane-approvals-are-down/.

Granite Transformations is a reputable brand with a proven business formula.

While the franchise fees are low, the advantages of being aligned with the world’s largest kitchen renovation business are significant.

With many happy customers on the Gold Coast and a massive growing market (according to the last census, there were around 220,000 private dwellings on the Gold Coast in 2011), this business is poised for growth!

To express your interest and receive our full Business Information Package (BIP), please email - sales@capitalcommercial.com.au - with your full name, contact number and stating that you would like to receive further information about this business. We will then email you the deed of confidentiality, which once completed will enable us to email you the BIP and supporting documents.

Thank you on behalf of the team at Capital Commercial Business Sales.

Financial Snapshot

Reporting Period 2017 (annualised) Weekly Average 2016 Weekly Average Weekly Average
Sales $702,040.00 $13,500.77 $481,115.00$9,252.21 $0.00 $0.00
PEBITDA $103,050.00 $1,981.73 $148,357.00$2,853.02 $0.00 $0.00
Gross Profit $190,628.00 $3,665.92 $222,907.00$4,286.67 $0.00 $0.00
Rent $18,910.00 $363.65 $8,000.00$153.85 $0.00 $0.00
Consulting $36,884.00 $709.31 $15,075.00$289.90 $0.00 $0.00

Business Summary

Canberra, Australian Capital Territory
Home Improvement Business.
  • The premises is owned by the seller.
  • Lessor is Miller Super Properties PTY LTD.
  • Land: Lot 4 – Building Unit Plan 9832 – Gold Coast
  • Premises: Unit 4 – 54 Bailey Crescent, Southport, Queensland
  • Permitted use: Commercial Space
  • Term: Five (5) years
  • Base Rent: TBA
  • Monthly Rent: TBA
  • Outgoings: 100% of local government rates and charges; and 100% of Water and sewerage charges; and 100% of Body Corporate and strata fees.
  • Option: Five (5) years
  • Bank Guarantee: Three months rent plus GST
  • Interest rate: 12 percent per annum
  • Rent review: 4 percent per annum
  • Public liability insurance: $20,000,000
  • SQM: 108
Consist of one office assistant One Granite installer One Cabinet installer One sales person. Business workforce is comprised mostly of subcontractors.
35 hours
Under management

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Sales Summary

Sale Status : For Sale

Sale Method : Private Treaty

Investment Amount : $199,950

Stock at Value : $10,000.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605