| Approx Turnover(excl GST): |
Example- 2005/6 2006/7 2007/8 2008/9 $1,637,288 $1,672,049 $2,090,900.30 $1,692,327 EBIT $ 286,350 $ 390,882 $511,488 $423,720
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Future Prospects: The Company is well established in its present area of operation. Given the management structure in place and the potential existing in the development of its new web site, it is well placed to significantly increase profits in the future. Further, with the Company's market estimated to comprise approximately 98% home renovations and only 2% of new housing developments, the experience of the Owner has been that the business is not unduly affected by any downturn in New Building Construction.
The Company could increase its market share by either increasing the number of showrooms or franchising operations into regions not yet serviced by the Company.
High Cash Flow!No Manufacturing!Huge Potential to expand!
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