www.aubizbuysell.com.au/108381
Ad ID: 108381

Furniture Retail Business for Sale Queensland

Enquire about this "Furniture Retail Business for Sale Queensland" opportunity on aubizbuysell

Family Run Furniture Business - Established 65 years

Location:
Asking:
$835,000

Why buy this Furniture Retail Business

Furniture Retail Business for Sale Queensland Asking: $835,000

An opportunity has become available to own a longstanding family run retail business, operating out of two stores and established for 65 years.

The business is a member of two household name chain/franchise buyer groups and profits are increasing dramatically. Operating in Coastal/Regional Queensland with a population boom that is supporting the high profit returns. This well-run profitable business is successful and demonstrates loyal relationships with long standing customers and suppliers.

There is a proven model for consistent profit and growth for a new owner. There have been many growth opportunities identified with this business, leaving plenty of potential to make it your own and watch it flourish. Should a new owner want to run this business under management, it would be possible to appoint an experienced manager and continue in ongoing success. An opportunity to purchase the two large Freehold properties is also available to a buyer via Expression of Interest.

Sales: $3,213,856 (20/21)
Forecast Sales $3,579,792 (21/22)
EBITDA $479,856 (20/21)
Forecast EBITDA $520,047 (21/22)

Sale Price: $835,000 plus stock approx $425,000

For a full Information Memorandum, use this link to complete the confidentiality agreement - https://forms.gle/s2JJTr4XEAuRFNpv5
For more info
Contact: Dru Morgan

Dru Morgan

Business Brokers Network Australia
Broker Ref: 15454

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