Wholesaler Of Imported Leisure Indoor And Outdoor Furniture For Sale

Business description

This company has been designing, manufacturing and importing furniture for over 38 years. The business imports a wide range of quality leisure furniture made for both indoor and outdoor use.

The business has a large client base, which includes leading furniture retailers, independent furniture stores, interior decorators and architects. The business also provides furniture to the commercial segment and is well represented in the hospitality, education and health care industries.

Through purchasing across a number of overseas factory suppliers, the business maintains a key market advantage by being able to ensure factory craftsmen use only the best raw materials to meet strict quality specifications whilst maintaining a considerable price advantage.

Exciting opportunities exist for a new owner with enthusiasm and fresh ideas to further grow the business.

Lease: 2 years with a further 3 year option

Rent: $24,000 per month plus GST

Net Profit: Historically in excess of $550K pa

Asking Price: $295,000 plus stock

Stock: $600,000

For further information on this business please contact Roy Levy or Ricky Herbert below.

Internal Ref: RHN 110

Property information

Location:

Situated in a large warehouse premises in Sydney close to all the main freeways.

Premises details:

There is a combined showroom and warehouse which is ideally located close to major distribution and transport links for all intra-state and interstate distribution..
The total area is approximately 6,225 m2 comprised of warehouse storage, showroom and offices.

Business Operation

Expansion potential:

Huge potential exists to introduce additional complimentary ranges to take advantage of the goodwill created with local retail customers over the past 35 years.

Reasons for selling:

To retire after 35 years.

Trading hours:

Monday to Friday 8 am to 5 pm

Years established:

38

Other information

Support & training:

Owner negotiable on hand over period and continuing consultation.

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$800,000

Relocatable:

This business can be relocated.