​retail Of Mattress & Bedding Products

Brookvale, New South Wales 2100

SOLD

Key Features

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  • One-stop shop for bedding products
  • Member of strong group of bedding retailers
  • 30% online sales
  • NDIS approved provider with OT network
  • Average sale $1,500
  • Low staff turnover, experienced team
  • Turnover: $1,500,000 approx.
  • Net Profit: $250,000 - $350,000 PA
  • Rent/Lease: $14,000 per month (retail and warehouse)
  • Stock Value: $150,000
  • Established: 1992 (31 years)

Business Details

Business Category Hardware

<p><b>Retail of mattress & bedding products</b></p><p><b>Sales: $1,500,000 approx.</b></p><p><b>NET Profit: $250-$350k PA includes vendors wage</b></p><p><b>Price: $350,000 + stock approx. $150,000</b></p><p><b>Rent: $14,000 per month both for retail and warehouse</b></p><p><b>Snapshot (not forgetting Covid and being shut for 4 months) </b></p><p><b>Since 1<sup data-redactor-tag="sup">st</sup> Jan 2020 till 31<sup>st</sup> Dec 2023 Turnover 7.2 Million, 3.3 Million GP @ 49.80%</b></p> <ul> <li>Established in 1992 – 31 years ago</li> <li>Well-known and successful business with excellent momentum</li> <li>One-stop shop for bedding products – excellent range</li> <li>Member of a strong group of bedding retailers, offering access to the best suppliers and products.</li> <li>9/5 Stars on Google (over 60 reviews)</li> <li>Over 36,000 followers on Facebook (where we do some of our targeted marketing)</li> <li>30% Online Sales</li> <li>Vendor retiring</li> <li>50% GP</li> <li>Tap into significant growth avenues, shared by the retiring vendor</li> <li>Average sale $1,500</li> <li>NDIS Approved Provider with a large network of Occupational Therapists who only shop with us.</li> <li>Low Staff Turnover, Years of experience in the business with the current staff roster.</li> </ul> <p>This business specialises in the sale of bedding products including mattresses, beds, pillows and other associated bedroom products.</p><p>This is an excellent trending and continually growing industry with the latest diverse range of products and an efficient operation model led by the vendor.</p><p>You'll see that the business has a significant database of quality repeat customers, including a large network of OT's through the NDIS bringing clients in with an average sale of well over $5k and a great margin.</p><p>This business is run from a prime Northern Beaches location with great street frontage and exposure from surrounding shops.</p><p>No technical knowledge is required and a comprehensive training and transition period will be offered to support the new owner. Owner would be happy to stay on as 'staff' for a longer paid period too if preferred by the buyer.</p><p>To seize this unique opportunity, contact Rad Benicky at XXXXXXXXXX or during business hours at XXXXXXXXXX .</p>

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Bsale ID: 635284