Asking price $---.--- + SAV
Rare opportunity to acquire a high-end, boutique homewares studio with multiple income streams.
- Online sales (the main source of income)
- Pop-up retail
This prestigious, well-established brand designs and manufactures its own range of products locally in Australia. These are complemented by a carefully curated range of products from designers across the globe.
The business is renowned for its beautiful and practical high-quality products, aimed at the growing trend for creating aesthetically calming interiors. The brand is very recognisable and enjoys a loyal following on social media. There are over 155,000 engaged Instagram followers, resulting in many repeat customer sales. The business has featured in several quality publications and across influencer channels.
The business has thrived in the past two years, despite Covid-19, with sales increasing year on year.
Key features include
- Own range of beautiful, high quality, locally manufactured products
- Well designed and functional eCommerce store with a new, upgraded eCommerce store currently in development (estimated completion date December 2021)
- Multiple revenue streams
- Year on year growth
- Solid brand recognition
- Strong social media presence
- Loyal brand following resulting in a high volume of repeat customer sales
- Plenty of growth opportunities
- Flexibility to operate from any location
The owner has invested a lot of time, passion, and creative energy into building a strong brand reputation that positions the business for ongoing success. Due to a change in family circumstances, a reluctant decision has been made to put the business on the market.
This offers an excellent opportunity for an investor to acquire a reputable Australian brand and take advantage of the growing Online Home Furnishing retail space which IBISWorld estimates is valued at $626 million with an annualised growth forecast of 8.4%.
If this is an opportunity that interests you, please contact Anne Barritt to discuss further or by completing the enquiry form. On completion of a confidentiality agreement and only following initial screening discussion with suitable parties, an Information Memorandum can be provided,