Highly Profitable Retail Business - Motivated Vendors!

Business For Sale Retail Bedding, Brisbane, Queensland 4000

Business Category Franchise Business Opportunities Hardware

$650,000

Description

Highly Profitable Retail Business - Motivated Vendors!

MOTIVATED VENDORS SAY BRING ALL OFFERS!
Motivated vendors looking to transition into retirement to start their next life phase presents this outstanding opportunity to acquire this highly profitable business. The owners are negotiable and are inviting all serious written offers from the market.This tried and tested business model has gone from strength to strength, growing the brand from six stores to over 80 stores in 2019. It is this strong business model that has won Snooze accolades in Australia’s top franchise Awards every year since 2010.

* Financial Year YTD (March) 2021with comparable sales positive 44.5%
* Financial Year YTD (March) 2021 sales $1.68m+
* 2020 full year sales up 27.5% on previous year
* 2020 revenue $2.5m+
* Family owned business established in 1990
* Excellent internal business systems and employee training
* Loyal customer and returning customer base
* Market leader in bedding and mattresses
* Store structure has moved to under management with an experienced store manager looking after the day to day
* Very experienced people within this business who are recognised as being some of the best in the entire Snooze business
* Growing online sales category for the store that supports the in-store sales
* Current Lease to 12/07/22, extension of lease to 12/072025 available with a further 5 year Option.

Price: $650k Plus SAV

For more details on this outstanding business opportunity, contact Tom Jolly on XXXXXXXXXX or email XXXXXXXXXX
Contact Seller
Tom Jolly

Bsale ID: 556385
Broker REF: 6603826

The Finn Group
Make Enquiry

Thank you, your enquiry has been sent now.