Business Sold Sydney, New South Wales 2000
Business Category Hardware
SOLD
Description
Profitable, Luxury Architectural Fittings Business For Sale.
LUXURY HARDWARE FITTINGS.
If you like design and decor, you will love this very special business that is experiencing significant sales growth.
The sale of this profitable and growing business, with national sales and high margins, presents a unique opportunity for the new owner.
THE BUSINESS:
A national supplier of international luxury ARCHITECTURAL HARDWARE FITTINGS for bathrooms, bedrooms, walls, and fine cabinetry. (Mostly Sydney and Melbourne).
The business focuses on larger up-market project sales rather than single item sales, with established marketing and advertising strategies, and is currently effectively operated by one person. The business would also be a perfect opportunity for an existing business or partnership.
The business has emerged from lockdown in very good shape and with obvious sales regrowth, with a number of large potential project orders in the pipeline
The present owner has established relationships with architects, designers and specifiers, and does not need to compete with regular lower end architectural fitting suppliers.
The new owner would be introduced to key clients and suppliers.
HOURS: Five days per week. 10.00 am to 5.00pm. No weekends.
LOCATION and OPERATION:
While the business is located in Sydney, most sales are generated from the website, submission of samples, design and architectural specification, repeat business, and advertising.
* NOTE: Minimal sales originate from the showroom, and please note that the showroom lease is not expected to be permanently renewed following the sale of the business.
Ideally the business would be located in the design areas of inner Sydney or Melbourne.
EVERYTHING IN PLACE: o Sole distributorship for prestige international designer products.
o Repeat business from designer and architectural specifiers.
o Submissions in place for future large projects.
o Established and paid future advertising.
o Cloud based management systems.
o Strong Cash Flow and low stock levels.
Please note the business comes complete with an extensive up-to-date display of luxury architectural fittings from top international designers from around the world.
REASON FOR SALE:
The current owner has received a negative health prognosis, and needs to retire to manage a health condition.
The vendor is very keen to see this business continue to grow and offers a high level of support to the new owner.
THE BUYER:
This business will suit a range of buyers, can be operated by one person, or a couple, or can easily be incorporated into an existing business that is looking for a profitable, scalable small business with significant scope for growth.
If you have a genuine interest in finding out more about this unique business, please contact the broker without delay. This business represents a rare opportunity.
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