Household Furniture Imports and Retail - Ref: 10816
Takings: $23,000 pw approx
This is a truly unique opportunity to acquire one of Melbourne’s leading furniture Importer and Retailer businesses. Very high gross profits at annual taking of over $1.2 million in FY17, this business won’t be on the market for long.
In addition to an online presence and over 300 regular wholesale customers such as Furniture House Group, Bev Marks, Homemakers, BestFurn, Furniture One and Catch of the day , the business has one 400 sqm retail store/show room located in Kilsyth surrounded by other furniture shops plus a large 1000 sqm warehouse at back of the shop.
This furniture importer and retailer business has enjoyed excellent year on year growth which has continued into the first 6 months of FY18. There are a number of options available to a purchaser who might be looking to further accelerate this growth. One such option is to be a partnership for a 188 visa applicant.
Currently paying $695 per week. A new lease is in process.
About the Business
• Annual taking over $1.2m
• Low overheads
• Low weekly rent, currently paying $695 per week.
• Asking price $490,000, one five tones furniture truck and one utility plus a well-established website are included in this asking price.
• Excellent systems and procedures are in place that are well documented
• Low overheads, currently this business only employed two casual staffs
• The business has excellent repeat customers, referrals and testimonials
This successful, established and highly profitable importer and retailer business offers a good range of quality furniture. The business has a significant supply network which provides unique and highly profitable products to market. Sourcing from overseas factories, this business works with a range of high-quality materials. Having both a retail and online presence provides this business with an excellent trading platform and a competitive edge in the marketplace.
With a strong track record of growth and success, there are several options a buyer could look at to take this business to the next level.
Hurry in on this business now!
Asking only $490,000
Businesses of this calibre, quality and profitability, rarely come on the market. To find out more about this exciting opportunity or to register your interest please contact:
Agent: Erming Cheng
Mobile: 0449 858 048
First Choice Business Brokers
Level 1, 532 Station Street, Box Hill
Phone: (03) 9899 1888
Fax: (03) 9899 4888