Outdoor Furniture In Coastal Qld

Business For Sale Shop 4/17 Greenfields Boulevard, Mackay, Queensland 4740

Business Category Furniture Import Other Retail

$730,000 + SAV

Description

Outdoor Furniture In Coastal Qld

Time for a Seachange? Move to beautiful North Queensland.

This is truly a once in a lifetime opportunity to purchase a well-established key business in a growing regional area.

ABOUT THE BUSINESS

Well established retailer and the largest outdoor furniture specialists in Mackay. The business has been proudly supplying quality outdoor furniture for over 17 years in Mackay. What started as a franchise of The Outdoor Furniture Specialists has grown into an independent brand providing lifestyle furniture products all over North Queensland. The business has an exceptional reputation for quality products and a high level of customer service.

The current business model operates with quality suppliers established over a long period who produce quality products. Furniture is ordered well over 6-10 months in advance to be manufactured and shipped to Australia at specific times of the year. This model is cost effective and produces the highest margin. It also ensures some exclusivity of product. Currently direct from China, Indonesia, Vietnam and Italy.

The “mix and match” concept allows customers to assemble an outdoor setting individualized to their tastes and needs. This concept allows absolute flexibility of choice for the customer. The business’ ability to do this ties into another service concept of “purchase today – delivery tomorrow.” The business maintains a large storage warehouse in Mackay which means that there is a ready supply of stock on hand for immediate delivery. This financial commitment in terms of substantial investment in stock on hand is unique in our region. It also commits to servicing our local customers without delay.


GROWTH OPPORTUNITIES

Website was developed and has been operational for just over 18 months. Customers can purchase directly online. Opportunities exist to increase website sales and ship product all over Australia. Currently transport from Mackay to Port Douglas on subsidized rates by the owners. Shipping elsewhere outsourced.

Opportunities also exist to diversify product lines to include many other areas of outdoor living. For example, BBQ’s, outdoor kitchens, lighting etc.

Ready for the new owner to grow the business.

COMPETITIVE ADVANTAGE

Largest outdoor furniture retailer in Mackay and North Queensland. Only specialist outdoor furniture retailer.

For a new owner/investor this is an easily managed operation.

ALL THE DETAILS AND PRICING

SHOWROOM – Leased 742m2 Showroom and Back/Pickup area.
Upstairs offices 71m2, amenities, staff room, kitchen
Huge car park
Lease expiry 30/11/22 Plus 3 year option

WAREHOUSE – Rented 600m2 with racking and mezzanine floors

SALES
• $1.8m annually growing with strong recent sales
• Excellent Margins
• Over 17 years with same owners
• Limited direct local competition
• Strong product offer with stock on hand
• Guaranteed 12 months income in advance based on stock already on hand

REASON FOR SELLING

Owners semi-retiring due to health

SALE OPTION 1

Buy the brand, business
(includes all shop fittings, equipment) Vehicles not included
Existing Shop Lease
Rent the Warehouse

Asking Price: $730k Negotiable
Plus SAV $280 - $500k

*SALE OPTION 2 (Business, House and Warehouse)

Buy the brand, business
(includes all shop fittings, equipment) Vehicles not included
Existing Shop Lease

Asking Price: $730k negotiable
Plus SAV: $280 - $500k
PLUS

*Buy the warehouse and the 4 bedroom house (One Title- Zoned Rural)
Price: $1.4 million

*THE WAREHOUSE AND HOUSE

The warehouse and the house are situated on the one (7404m2) block of land separated by structural fence and side of shed.

The warehouse is 600m2 and 6 meters high. Fitted out with Pallet racking and 2 mezzanine floors for furniture storage. Also has toilet, shower, bar fridge. Forklift walkie stacker, work bench and tools.

Located on the edge of town, 3.5kms from the showroom. 7 minute drive.

The House consists of lounge room, family room, dining room, kitchen, main bedroom with ensuite and walk-in robe, 2 x bedrooms, bathroom, study, laundry, outdoor area. 2 car garage. Big shed with separate living area and smaller garden shed. Bore water and rain water tanks, huge variety of fruit trees.

OUR REGION - MACKAY, WHITSUNDAYS, COALFIELDS

Mackay is a city located on the eastern or Coral Sea coast of Queensland. It is located about 970 kilometres north of Brisbane, on the Pioneer River (the only blue water river in Qld). Mackay is nicknamed the sugar capital of Australia because its region produces more than a third of Australia's sugar.

Mackay is widely recognised as the gateway to the Bowen Basin coal mining reserves of Central Queensland. It is the single largest coal reserve in Australia.

The Mackay area offers fantastic opportunities for capital growth thanks to its future economic prospects as well as factors like liveability and affordability. Coastal beaches, rainforests and the Whitsundays Islands close by.

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MORE INFORMATION

Contact:

John Teske XXXXXXXXXX XXXXXXXXXX
Debbie Teske XXXXXXXXXX XXXXXXXXXX

Similar Businesses For Sale


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


Contact Seller
Debbie Teske

Bsale ID: 566365

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