Carpet Binding Business - Partnership Opportunity

Key Strengths:

Low overheads & operating costs

Huge growth potential

Minimal competitors in the area

Established in 1969, this carpet binding business in Victoria comes with a rich history and extensive customer base. The business has grown exponentially in the past 20 years under the guise of the current business owners. And today, the business enjoys a great place in the market with very little competition, long-standing commercial relationships with carpet manufacturers, a high rate of repeat customers and referrals, a loyal customer base, and a strong annual turnover of over c. $1M.  The business fills an in demand sector, specialising in binding or overlocking any shape, size or type of carpet offcut, rug and mats. Their services also extend to retailers through carpet sample production, a large stock of "ready to go" products and also offers custom carpet services. These services include 50mm stair runners, carpet overlocking, speed binding, felt backing, tape borders, tape border colours, carpet foam backing, custom-made rugs, rug locks, carpet fringing, and runners.  **About the Opportunity** This is an exclusive opportunity to own 50% of the business with the advantage of market stability, minimal competition, strong commercial and customer relationships and a rich history of over 50 years in the industry. With one of the business partners looking to retire soon, they are in search of a new business partner to help lead the business into its next stage of growth. Individuals with a flair for business development can benefit from existing business systems and long-standing commercial and customer relationships to expand to other markets. As the new business partner, you have the full advantage of a reputable business with over 5 decades of experience, consistent business thanks to ongoing partnerships and strong customer base, a low-risk investment, a streamlined handover and a growth plan to expand to other markets.  **Key Features of the Business** * A reputable Victorian business with over 50 years of experience * Consistent business demand and a good track record of growth  * Long-standing commercial and customer relationships  * Very few competitors in the market  * Low-risk, high return investment  * A business poised for growth with pathways to other markets Are you an investor looking to diversify your portfolio with a low-risk, high-return investment? Then don’t miss out on this exclusive opportunity to own 50% of this highly-demanded carpet binding business, destined for incredible revenue growth! To organise a private conversation on how you can become a business partner, register your interest [**HERE**](https://form.jotform.com/221210863242848).