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About this Business for sale in Melbourne

Business Summary

This business is presented to you by Steven Mostafa & Nadia Polzella. It is with great pleasure we present to you an amazing opportunity to acquire one of Australia’s most prestigious furniture manufacturing businesses. Well known within the industry for their high-end products and an extensive list of affluent clients including major retailers, decorators, architects, commercial companies, private clients, and online clients. For over 30 years the business has been designing the very best in sofas and living furniture, with a focus on handmade products resulting in high quality, individual pieces. All pieces are produced from responsibly managed forests or reclaimed and salvaged sources with the business using a combination of hard woods including Tasmania Oak, Plantation Timbers, and Plywood.

Financial Summary
* 2022 Revenue (projected) = $15,002,983 VS EBITDA (projections) = $2,394,741

* 2021 Revenue = $10,388,112 VS EBITDA = $1,126,522

* 2020 Revenue = $8,568,536 VS EBITDA = $273,018

* 2019 Revenue = $9,029,054 VS EBITDA = $818,358

* 2018 Revenue = $8,139,375 VS EBITDA= $855,231

Business Highlights

* Established 30 years plus.
* High End Product Offering
* Management team in place happy to stay on board
* Huge Business Scalability
* High % of market share for the businesses specific niche
* Collaboration with industry professionals
* Policies and procedures all in place
* Proudly Australian Made
* High profit Margins
* State of the art facility

Video is available on this listing. Copy and paste the below link into your browser to view.
https://youtu.be/81m-_YSRbng

For further details on this opportunity please feel free to contact either Steven Mostafa or Nadia Polzella on the below numbers.

Steven Mostafa on 0407 999 888
Nadia Polzella on 0451 858 897

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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

Listing: #ME01875
Price: Refer to broker
Profit*: Refer to broker
Sales Revenue: Refer to broker
Melbourne Region, Melbourne
Industrial Manufacturing, Manufacturing/Engineering
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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