UNDER OFFER Reputable Boutique Furniture Store with Luxury Apartment Upstairs

Price

$395,000

Profit *

Refer to Broker

Sales Revenue

$1,248,000

Location

Melbourne Region, Melbourne

Category

Industrial Manufacturing, Furniture/Timber

Listing #

ME02425

Melbourne Furniture/Timber Business for Sale

About this business for sale in Melbourne Region, 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.

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]

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

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For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*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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