Furniture And Bedding Retailer, Northern Nsw

Business For Sale BS149036, Inverell, New South Wales 2360

Business Category Furniture Manufacturer Hardware Lawn Mowing

$249,000

Description

Furniture And Bedding Retailer, Northern Nsw

Business ID: BS149036

$443K Profit to Owners. Sales circa $1.8 million in 2021, Established 40 Years, Exclusive Brands

Established for over 40 years, this highly successful and well-regarded retailer provides high-quality office and home furniture, bedding, soft furnishings, and homeware products to its customers in Northern New South Wales. Servicing an exclusive territory, the business has agreements with well-known suppliers and national brands. Co-operative buying power, proven marketing strategies, and the national reputation of licensed brand names provide a competitive advantage that translates into substantial profits to owners.

The business trades from well-located premises, with a well-stocked 720m2 showroom. Customers are able to ‘see, try and buy,’ a luxury not extended by many furniture retailers who typically make customers wait for extended periods for their deliveries. The business currently employs four people, in addition to the two working owners, and trades 5.5 days per week.

Business Highlights

-Turnover over circa $1.8 million in 2021
-Profit to owners exceeds $440K in 2021
-EBITDA estimated at $343,314 for 2021
-Exclusive territory with high profile brands
-Highly desirable lifestyle location in Northern New South Wales
-Established over 40 years with impeccable reputation

Whilst the business is producing significant returns to its owners, there are future opportunities to expand some niche areas and broaden social media and online interactions. After 18 years in the business, it’s now time for the owners to retire.

The business has been priced for a quick sale at only $249,000, including all plant and equipment, PLUS Stock at Cost which is estimated at around $300,000

Similar Businesses For Sale


This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
Xcllusive Business Sales

Bsale ID: 578926
Broker REF: 6989363

Xcllusive Business Sales Pty Ltd
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