HUGE 70% Return on Investment!* Fantastic Opportunity for Business Investors! Two Long Established & Highly Profitable Stores!

- Hoods Carpet Court - Fyshwick & Phillip, Canberra ACT 2601

$1 Million + SAV

BusinessSize: n/a
Established for over 40 years, these two well known Hoods Carpet Court stores are now on the market due to impending owner retirement.

These family owned and operated stores have certainly stood the test of time, offering all types of quality floor coverings including carpet, timber, laminate, vinyl planks, as well as blinds and wall panels.

Key Features & Benefits:
* Long established and highly profitable stores
* Very well located in Fyshwick, Canberra's major commercial/industrial hub, and Phillip, Canberra's southside commercial hub with high visibility from Hindmarsh Drive
* Lease in place to 31 August 2022 at the Phillip store with a 5 year option
* Experienced and dedicated staff who are willing to stay on with new owner
* Large amount of work in progress
* Repeat commerical customers
* Currently owner-operated and managed, however would also suit investors considering the consistently high turnover and profits (the business is currently transitioning into being run under part-time management)
* 70% Return on Investment is based on the owner's Adjusted Earnings Schedule as calculated from the available 2019 Financial Statements and the current asking price (not including stock outlay)
* Three vehicles included in the sale

There is also an opportunity to purchase the Fyshwick premises, however should this not be desired, a long lease term can be negotiated with the vendor.

Sale Price $1 Million + SAV

BE QUICK or you'll miss out on this exceptional business opportunity!

For more information about this amazing opportunity please contact Michael Newham of Finn Business Sales on 0419 263 014 or email


No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:Business
Stamp Duty:$0
The Finn Group

Maps and area information

Land Details
There's a lot more to see
Using overlays will allow you to see details such as school catchments, zoning and easements.
Error loading maps. Please try again later.
Block information
Block Map
No block information available
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

What's Nearby

St Benedict's Primary SchoolPrimary School
Telopea High School, BartonHigh School
Queanbeyan District Hospital & Health ServiceHospital
Riverside PlazaMajor Shopping Centre
Australian National UniversityUniversity
St Clare's CollegeCollege
Kingston Post OfficePost Office

Canberra Suburb Information

Average Age
24 years
Canberra's Property Profile
Canberra's Occupancy

Contact agents

The Finn Group

The Finn Group

View agency details
Michael NewhamThe Finn Group
Please send me information on - Hoods Carpet Court - Fyshwick & Phillip, Canberra ACT 2601
Only to be used for sending genuine email enquiries to the Agent. All Homes Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More sales listings from Michael Newham

View all sales listings for Michael Newham
Listing ID: 177945713. This listing has been viewed 4 times. It was first displayed on 12/02/20 and last updated on 12/02/20.