Highly scalable, enormous opportunities to increase profit margins and revenue
This highly successful modern rug business operates both online and maintains a substantial retail presence via its sizable showroom in Melbourne. It has a solid standing in the market, which bodes well for its continued expansion that incoming owners could capitalise on!
* $12,000 PW takings
* Profits $1,500 a week under management, owner operator with profit 130K per annum
* Can be relocated as the owner is the Landlord
* Stock level is negotiable, currently sitting at $120,000
Predominately under management, owner works 10-15 hours a week
* Operates predominantly via warehouse appointment or online
* Easy to relocate showroom
* 3x3x3 lease
* Mainly Australian suppliers
* Over 100Ksocial media followers, collectively
Nouha Mohtadi and the team at LINK Melbourne are thrilled to bring to the market a remarkable online furniture retailing opportunity that makes money while you sleep!
Owing to the business’s wide range of rugs, it has steadily gained the attention and following of thousands of rug lovers and rug shoppers alike, making it one of the leading online rug distributors in Australia.
Apart from online sales, it drives revenue from its stunning and extensive showroom, wherein customers are provided with one-on-one styling consultations and an opportunity to view products first-hand.
This is an outstanding opportunity for existing furniture store owners seeking to expand their business into the online space or passionate business owners interested in furniture and homemaking.
Contact me today to learn more about this opportunity!
Broker: Nouha Mohtadi
Phone: 0411 755 568
*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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