Queensland Based Family Run Furniture Business - Established 65 Years

Business For Sale Maryborough, Queensland 4650

Business Category Franchise Business Opportunities Hardware

$835,000

Description

Queensland Based Family Run Furniture Business - Established 65 Years

An opportunity has become available to own a longstanding family run retail business, operating out of two stores and established for 65 years.

The business is a member of two household name chain/franchise buyer groups and profits are increasing dramatically. Operating in Coastal/Regional Queensland with a population boom that is supporting the high profit returns. This well-run profitable business is successful and demonstrates loyal relationships with long standing customers and suppliers.

There is a proven model for consistent profit and growth for a new owner. There have been many growth opportunities identified with this business, leaving plenty of potential to make it your own and watch it flourish. Should a new owner want to run this business under management, it would be possible to appoint an experienced manager and continue in ongoing success. An opportunity to purchase the two large Freehold properties is also available to a buyer via Expression of Interest.

Sales: $3,213,856 (20/21)
Forecast Sales $3,579,792 (21/22)
EBITDA $479,856 (20/21)
Forecast EBITDA $520,047 (21/22)

Sale Price: $835,000 plus stock approx $425,000


For a full Information Memorandum, use this link to complete the confidentiality agreement - XXXXXXXXXX
Contact Seller
Dru Morgan

Bsale ID: 578401
Broker REF: MBSEF

Business Brokers Network Australia
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