We are pleased to confirm successful settlement of this Furniture Import and Wholesale business. Congratulations to all parties and we look forward to hearing about the new owners future success.
Simple business of stock in stock out. Furniture importer that sells wholesale to Major National Retail Chains. Great profits with limited owners input. Got business sense? Growth opportunities here.
Gold Coast Based Furniture Importer and Wholesaler to Major National Retail Chains.
This is a fantastic opportunity for a motivated new owner to take over a business that has great room for growth.
The current reality of the business is:
2016 PEBITA : $128,497
Limited owners input.
The owners have had health challengers and want to retire.
Successfully trading for over 16 years.
Great room for growth.
The owners, by their own admission lack the motivation and are at a stage in life where their business is not a high priority. This means opportunity.
There are some great strenghts about this business:
- Business has been in operation for over 16 years
- Business is on preferred suppliers lists of Major National Retail Chains
- Very simple and lean business model. Stock in stock out
- Ongoing trade in place with great room for growth opportunities
- Full training available for a simple handover
- Excellent range and volume of stock currently on hand
- Staff all in place that run the day to day business
- Very limited owners input in day to day business
- Strong Brand
- Great Supplier Relationships
- Positive cash flow business
The best thing about this business is the opportunity for growth. The current owners input is very limited and is not directed at growth. If your motivated, have business sense and like to add value then take a closer look at this business.
Call or email us today for the full Information Memorandum.
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