High End Designer Furniture Business For Sale
About this business for saleHigh End Designer Furniture Business For Sale
LINK Corporate is proud to bring to market this well-established, retail showroom that offers furniture, lighting, mirrors and associated accessories to the general public, private clients, interior designers and architects.
This is an exceptional opportunity for a) an existing member of the trade to expand its territory, client base, or product range, b) an existing member of the trade to enter the difficult to enter high-end level of the marketplace, or c) for a discriminating new owner to enter the industry with a strong brand and all of the pieces in place for success.
Founded over 15 years ago by the current owner and located in the heart of the Sydney home wares district, the business enjoys a strong reputation offering a beautiful range of furniture, lighting and accessories imported direct from overseas manufacturers.
The business operates largely under management with a 5 person staff of salespersons, warehouse personnel and interior design services. The infrastructure includes a 400sqm showroom and a 200 sqm warehouse, both leased.
The steadily growing performance saw FY2017 revenue of approximately $2.4 million with a net margin of 17% to the owner.
The owner is prepared to stay for a transition period and beyond, on a part-time basis.
Contact us now to learn more about this wonderful opportunity.
Listing # NSW08870
Listing Broker: Alan Kanuk
Mobile: +61 (0) 449 537 884
To complete an online confidentiality agreement visit this business at: http://www.linkbusiness.com.au/NSW08870
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
*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.