2021 Turnover $8.3M, EBITDA $1.9M, Price: EOI
This furniture importing and retailing business is an Australian owned company supplying unique, exclusive products focused on design, comfort and space saving concepts. It has been in business for over 20 years, with several destination stores. It has an established, loyal customer base and an excellent reputation.
The company supplies products throughout Australia and New Zealand from its Australian east coast showrooms. The business model is ripe for opening new locations around Australia and abroad.
Key features of this business include:
*Strong supplier relationships with leading European furniture manufacturers
*Store locations in high-income suburbs, whose residents represent the largest share of furniture
*Well established market position: reputation as a retailer of unique, quality products, a specialist in a
number of product ranges
*Outstanding customer service, provided by a knowledgeable and committed team
*Price competitiveness in its market segment
*Longevity in the marketplace
*Strong sales force delivering coordinated sales efforts and quick response times by keeping
products in stock or on their way from overseas for fast delivery
*Well established systems, processes and documentation.
The owners are looking to retire after 16 years in the business but are prepared to work with the buyer to provide handover support to ensure a smooth transfer of knowledge, expertise, supplier and client relationships. This represents a great opportunity for the right buyer looking to acquire a profitable, established, well-staffed business with significant growth opportunities.
For the Confidential Business Information Memorandum please contact Karen Dado