Price
$395,000
Profit *
Refer to Broker
Sales Revenue
$1,248,000
Location
Melbourne Region, Melbourne
Category
Industrial Manufacturing, Furniture/Timber
Listing #
ME02425
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.
A lifestyle business suited to an operator with a creative flair and a passion for worldly furniture.
Established for over 30 years, accruing repeat customers in both commercial and domestic sales.
*$24,000 average weekly takings
*Exclusive supplier agreements
*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: ME02425
Broker: Nouha Mohtadi
Phone: 0411 755 568
Email: [email protected]
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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.
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