Well-known Bedroom Furniture Retailer

The City of Rockingham is the fastest growing area in the region, with a population of around 150,000 people that is expected to increase 60 – 70% over the next 20 years. Rockingham has undergone major city centre redevelopment over the last decade and hosts some of the region’s highest conservation value terrestrial and marine environments. With an expanding city centre, major facilities such as the HMAS Stirling Naval Base and planned major developments (East Rockingham Industrial Area, expansion of the naval base, Mangles Bay Marina, Kwinana Port to the north), the provision of primary transport routes and linkages, together with improved access to public transport, are key issues for the City of Rockingham.

* The Business Summary.
Established in 1998 and thoughtfully nurtured by the owner since inception, this established Bed Shop offers more than just a business, it’s an opportunity to set yourself up financially.

Looking forward to retirement and having no family members to give the business to, the owner has heavily discounted the asking price because she wants this business to be an opportunity for the new owner.

* Circa Revenue FY2024: $1m

* About the Business:
They sell beds, mattresses, bedroom furniture and linen and we would be one of the longest independent bed retailers in WA.

With a 4.7 Google rating the store boasts a One-Stop-Shop for all your Bedroom needs. This is a family business with great customer relationships and honest product information that the clients appreciate. The business turns over more than $1m per annum so you will need $160,000 to $180,000 of stock to continue from the day you take over the business. The Asking price is inclusive of the stock you will need.

All the mattress suppliers are in WA, which clients also like. We have great relationships with all our suppliers. You'll see that the business has a significant database of quality repeat customers, including generations of families and their members. Many of the new clients are mostly recommendations or word of mouth, especially as we have never done any marketing.

* Prime Location:
With great visibility to the main road being Read Street, this well-positioned store enjoys proximity to renowned retailers, fast food providers, a cinema, and is not that far from Rockingham City Shopping centre. Rockingham represents an exciting lifestyle choice for residents, and a rewarding opportunity for investors. Offering a unique balance of urban, suburban and coastal lifestyles, it is located on the calm shores of Warnbro Sound, 40km south of Perth and 30km north of Mandurah. It should also be noted that the Navy is growing in Rockingham over the next few years with the outer suburbs already sprawling.

* Lease: New lease terms available.
* The property/building is also available as a FREEHOLD purchase.

* Potential:
The current owner has never paid for any marketing or advertising of the business. The new owner could commence marketing the business and build an on-line presence. The existing website is a landing page that could have an Online Purchase System added. You will see that the business has a significant client base of quality customers, including generations of families and their friends. Many of the new clients are mostly recommendations or word of mouth, especially as they have never done any marketing.

* Circa Stock $160,000 to $180,000.

* Reason for Sale:
The owner feels like it is time to spend more time with her family and have more time for herself. The asking price has been discounted to find the best fit.

* Owners Commitment:
The current owner plays an integral role in the business, overseeing administration, warehouse operations, and customer service. Their dedication ensures seamless operations and exceptional service delivery, setting the stage for continued success under new ownership.