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This retail furniture business for sale has been established 15 years in Central Gippsland. It has all types of furniture for sale: lounge suites, dining suites, chairs, stools, storage and display cabinets and more. It also sells beds and mattresses and is a licensed Beds R Us retailer.
The showroom is in the centre of the town in a large and busy shopping strip with ample parking for customers. In addition to this, the business has a large, separate storage premises.
There are 2 full time staff and 3 part time staff, so you do not have to work in the business if you choose not to. Current owner only works 3 days per week. So it can be run under management.
Trading times Monday to Wednesday 9am to 5pm, Thursday, Friday 9am to 5:30pm, Saturday 9am to 1pm, closed Sundays.
The business has an excellent website and online catalogue.
Average turnover is approx. $1,6 million per year. Rent is $1,350 per week for both the retail showroom and the storage premises. Lease of 3x3x3x3 commencing in February 2022.
This furniture business has built a good reputation in the 15 years of its operation because it delivers all over Gippsland, giving their customers a convenient and enjoyable shopping experience.
If you are looking to move to country Victoria and enjoy the lifestyle there, this is certainly a good business to look in to. It is equally as good for an investor, as it can be run under management.
For more information and to arrange an inspection please contact Chris Panagiotidis or Elle Likopoulos.