Ad ID: 100277

National Online Furniture Retailer Business for Sale Brisbane

Enquire about this "National Online Furniture Retailer Business for Sale Brisbane" opportunity on aubizbuysell

National Online Furniture Retailer - Brisbane - 2021 EBITDA $549,373

Location:
Asking:
$1,850,000
Type:

Business for Sale Description

National Online Furniture Retailer Business for Sale Brisbane Asking: $1,850,000

National Online Ecommerce Business for Sale in Brisbane.

Operating for over 4 years this online furniture and homewares business supplies the public with a wide range of exquisite homewares and furnishings. The wholesale portal has just been created and wholesalers are jumping on board already.
The business is based in Brisbane and has an annual sales revenue over $2,000,000 and growing rapidly. 90% of the businesses sales are online with only 10% direct to customers from their Brisbane warehouse.
The business shows a strong year to date net to the owner from July 1st to 28th Feb of $366,249 and is on track to show a solid net for the full year of approximately $549,373.
The business is operated solely by the owner with the only additional staff being her young son who assists occasionally. Due to the businesses streamlined online operations there is no need for any additional staff. Although the store is based in Brisbane the business can also be relocated anywhere in Australia due to the online presence. To suit the current owners lifestyle, the Brisbane warehouse is currently open school hours only, 9am to 2pm Monday to Friday.
The shopping platform, website, suppliers, manufactures are all in place and this business is ready for next level growth as it has not hit ebay, amazon or other shopping platforms.
Perfect for an acquisition by a current online industry player or someone wanting to get into the ecommerce industry.
Asking Price $1,850,000 plus stock approximately $200,000

If you would like to receive a detailed Information Memorandum simply complete our confidentiality agreement by following this link - https://forms.gle/q4J2SMRpp2sw7yVk6

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For more info
Contact: Dru Morgan

Dru Morgan

or 1300 577 297
Business Brokers Network Australia
Broker Ref: 11663

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