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Reputable Boutique Furniture Store with Luxury Apartment Upstairs $395k (16953)

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Price

$395,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Melbourne Region, Melbourne

Category

Industrial Manufacturing, Furniture/Timber

Listing #

ME02425

Nouha Mohtadi

Business Broker
Melbourne
+61 3 9819 4211
+61 411 755 568
nouha.mohtadi@linkbusiness.com.au

About this Business for sale in Melbourne

Currently on offer is a thriving furniture importer and retailer business that sells unique, rustic décor and authentic antiques imported from China, India and Europe. It diversifies its revenue stream by operating a café within the premises and offering its dwelling space for Airbnb bookings.

*$24,000 average weekly takings
*Owner will stay on 6 months to ensure smooth transition
*$100,000 worth of plant and equipment
*380 sqm premises
*3+3 year lease
*7-day operations

Nouha Mohtadi and the team at LINK Melbourne are excited to bring to the market this multi-faceted business trading as an interior design and furniture retailing operation. It diversifies its revenue stream with a café within its premises. The business also leases the dwelling within the premises as Airbnb property for an average annual revenue of $50,000.

The business focuses on importing unique furniture, rustic décor and authentic antiques handpicked from suppliers throughout the world. It brings its aesthetic vision to life by offering interior design services to its customers. The acquisition opportunity includes 17,600 followers and a database of 40,000 customers.

Strategically located on the corner of major thoroughfares, the business is exposed to approximately 33,000 vehicles per day. The premises of the business has been extensively improved with the vendor spending a total of $130,000 on improvements.

To learn more about this exciting opportunity, contact me today! I would be glad to share more details with qualified purchasers.

Listing ID: 16953
Broker: Nouha Mohtadi
Phone: 0411 755 568
Email: nouha.mohtadi@linkbusiness.com.au

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Nouha Mohtadi

Business Broker
Melbourne
+61 3 9819 4211
+61 411 755 568
nouha.mohtadi@linkbusiness.com.au

*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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