Est. Premium Household Furniture Importer & Retailer | Ray White Business Brokers & Business Sales Agents

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Est. Premium Household Furniture Importer & Retailer Retail , Corporate Sales above $1m, Manufacturing And Import, Retail Sydney, NSW , Australia 204 Views
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Asking Price $2,950,000 for 100%
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This Listing is open for both accredited & non-accredited Buyers & Investors.

SALE OR INVESTMENT DETAILS
  • Stock at Cost $1,300,000
  • Gross Sales per annum $4,575,000
  • Assets Included in Sale $800,000
  • Profit (Normalised EBITDA) $980,000
  • Finance Available (subject to approval) Yes

Selling Agents

Highlights

  • Est. Premium Household Furniture Importer & Retailer
  • Excellent year on year growth
  • Excellent average GP of 52% in FY2017 and an EBITDA of over 20%
  • The business is ideally positioned for future growth

Executive Summary

This is a truly unique opportunity to acquire one of Sydney's leading furniture businesses. With an average GP of 52% & EBITDA of over $1million in FY17, this business won't be on the market for long.


Location Details

In addition to an online presence, the business has two retail stores located in major shopping centres and a large warehouse.


Potential

This business has enjoyed excellent year on year growth which has continued into the first 6 months of FY18. There are a number of options available to a purchaser who might be looking to further accelerate this growth. One such option is to replicate this proven and highly profitable store concept across a large number of locations.


Lease

There are long term leases in place for the retail and warehouse locations.


About the Business

- Excellent year on year growth

- The business enjoyed an excellent average GP of 52% in FY2017 and an EBITDA of over 20%

- The business is ideally positioned for future growth

- The business has a well establish set of reliable, high quality suppliers

- An extensive list of assets included in the purchase ($800k plus)

- Excellent systems and procedures are in place that are well documented

- The business has developed a number of unique products that are highly sort after in the market place

- The business has excellent repeat customers, referrals and testimonials


This successful, established and highly profitable business offers a wide range of quality furniture and homewares accessories. The business has a significant supply network which provides unique and highly profitable products to market. Sourcing both locally and from overseas factories, this business works with a range of high quality materials. Having both a retail and online presence, provides this business with an excellent trading platform and a competitive edge in the marketplace.

With a strong track record of growth and success, there are several options a buyer could look at to take this business to the next level.


Businesses of this calibre, quality and profitability, rarely come on the market. To find out more about this exciting opportunity or to register your interest please contact:


Brent McDonald

Business Sales Specialist | Business Sales Sydney

Ray White Business Sales, Corporate Business Sales & Acquisitions

M: 0413 158638 T: 1800 858 696 E: brent.mcdonald@raywhite.com


Disclaimer:

Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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