Business ID: BS------
High Margin Business: 65-70% Sale price: $460,000
The business imports and wholesales an exclusive & unique range of Commercial Grade Modern Industrial, Rattan & Hospitality Furniture.
The business also manufactures bespoke architectural elements for commercial fit-outs.
Clients: Australia’s leading Interior Designers, Architects and Businesses across a broad range of Industries like construction companies, cafes, restaurants, pubs, clubs, distilleries and breweries.
-Est. 2010
-High Margin Business: 65-70%
-FY 2019 Turnover: $890,000
-Net Profit (Incl. Owners Wages): $497,460
-FY 2020 Turnover: $742,564
-Net Profit (Incl. Owners Wages): $330,029
-Good reputation with top Interior designers & Hospitality Group
-Well established relationship & business terms with overseas manufacturers & suppliers in India, China and Indonesia
-Exclusive Designs, Distribution & Selling Rights for Australia for a majority range of products
-Steady Cash Flow. Low Risk: Clients pay 50% Deposit on order confirmation with Balance 50% prior to delivery
-Low Investment in Inventory + High Inventory Turnover
-Ability to Offer Custom Made Products & Solutions as per Project / Designers Requirements
-Excellent, Updated & Well Presented Website
-Newly launched E-Commerce website to grow Retail Sales
-Current Set-up does not require any Staff except the owner
-Potential to grow exponentially across Wholesale, Retail and Online
The owner will provide adequate training & product knowledge required in understanding day-to-day running of business.
This business would ideally suit one of the following buyers:
- An Individual or a Couple with basic business skills and interest in design, furniture and food who enjoy weekends off with flexible working hours during the week
- Existing Furniture wholesaler / retailer wanting to extend their product range by adding an exclusive range and wanting a bolt on acquisition and benefit from sellers current customer base & goodwill
Asking Price $460,000 plus SAV
