Manufacturer Importer And Distributor of Bedding & Soft Furnishings For Sale

Business description

Manufacturer, importer and distributor of bedding accessories and soft furnishings * Targets the health and ageing, retail and hospitality sectors * Consistent with most players in the Australian market the business both manufactures locally and imports product; based on the level of specialisation and freight / handling requirements of these bulky items * Experienced management team who are already running the business for a part-time owner * Upside likely to come from focusing on growth strategies and product lines as well as pursuing new textile technologies being developed for the hospitality and health sectors * Committed vendors are selling due to family illness.

Property information

Real Estate:

Lease

Lease terms:

Out to 2011 + 3 year option

Location:

Brisbane south industrial area

Other information

Expansion potential:

Expansion interstate * Historical growth has been driven by a committed management team and strong brand value in the industry. These factors could be exploited with a more strategic outlook. * Exploiting the market demand for fashion and colour textiles will readily grow the business * The future is in pushing new textile technologies being developed for the hospitality and health sectors.

Competition / Market:

Competitors based in southern states * Breadth of product lines means no direct competitors but do cross paths with other manufacturers / importers. * Competitive advantage in strong brand, first-class manufacturing facilities, well established supply chain and long serving team.

Support & training:

Supportive and negotiable.

Reasons for selling:

Family illness

Trading hours:

Factory and office hours

Financing available:

Vendor finance considered

Furniture / Fixtures value:

$428,000 (included in the asking price)

Inventory / Stock value:

$650,000