Window Furnishings Retailer With Manufacturing Capacity – Philip, Act

Business For Sale BS146920, Phillip, Australian Capital Territory 2606

Business Category Building and Construction Hardware Repair

$500,000

Description

Window Furnishings Retailer With Manufacturing Capacity – Philip, Act

Average Annual Turnover: $500K – FY2021 Net Profit: $40K

Alexanders Furnishings is a Window Furnishings Retailer with manufacturing capacity, providing customers with a complete measure to quote to installation service. Established in 1969 – and taken over by the current owners in 1978, the business has experienced stronger demand during 2020 and 2021.

Business Highlights:

-Wide range of fabric samples, various blind options (inc. roller, Roman and honeycomb), and Australian-made Kitset curtain tracking system
-Excellent brand name recognition and goodwill
-Convenient and central showroom location
-Manufacturing capability with rear workroom
-Experienced and friendly staff
-Lease: 5-year with 2 additional 5-year options – $8,743.34 pcm with 3.5% annual increase
-Premises approx. 212 m2 comprising showroom, rear workroom, toilet and kitchenette
-Located on a busy road opposite Woden Town Centre and Westfield shopping complex
-No nearby competition – Free parking in front of shop
-Sale includes Office furniture and items, Workroom equipment, Display stock, Fabric samples, and Stock
-Also includes 2014 Mercedes Vito Van and 2012 Toyoto Corolla
-Current production capabilities include Curtain track making/repairing, Curtain making/repairing, Blind repairs, Whole Systems and Installation
-Small number of Australian suppliers for blinds/curtains + a wide range of fabrics from 10+ wholesalers.
-Currently spend approx. $10K per year on radio advertising with 2CA Canberra
-Many return customers in the domestic sector + occasional long-term jobs in the commercial sector eg Kangara Waters aged-care facility
-Staff include both owners, 2 P/T workers in the showroom, 1 F/T installer + 1 casual installer
-Suitable takeover period to be negotiated

This business would be ideal for someone with a passion for customer service and interior decorating. Somebody from the industry would be good but not necessary as the business’s products and systems can be easily learned.

The Canberra market is very strong with a growing population and above-average disposable income. With few competitors in the area, this business could be expanded to take advantage of future growth.

Price: $500,000

Business ID: BS146920

Similar Businesses For Sale


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


Contact Seller
Xcllusive Business Sales

Bsale ID: 545283
Broker REF: 6517636

Xcllusive Business Sales Pty Ltd
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