Australia's Leading Vintage Furniture sales and hire business

16 days ago

Location:
Sydney - Greater > New South Wales

Investment level:
$418,000 (Negotiable) + SAV

Type:
Business

Industry:
Retail > Homewares & furniture

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Summary

The company Imports and sells the best vintage furniture from Europe but also have some pieces from the leading designers of furniture in the world, such as Hans Wergner, Charles and Ray Eames.

Revenue

$1,064,999 pa

Rent

$150,000 pa

Expenses

$747,290 pa

Net Profit

$167,709 pa

Location Details

The shop front is located within a commercail / industrial are in the Eastern Suburbs. With the shop located on a high traffic street, providing optimal exposure.

Potential

Vintage and quality furniture has seen a major resurgence in Australia. With media leading the drive followed by Interior designers demanding the best in style, the furniture that the business sells, in great demand.

Skills

In terms of particular skills, knowledge about interior design, styling, set design and furniture hire would be ideal for this business. The owner is willing to help transition any new owner into the business.

Hours

Monday to Saturday.

Lease

November 2018 the current lease expires with a 3x3x3 option.

Employees

2 Full Time employees
2 Part time employees

Reason for Sale

The owners are looking to relocate out of Sydney.

About the Business

As stated before, the company has evolved into one of the few businesses that deals in vintage furniture in Australia. With furniture sourced from all over the world but especially Europe, the company has found a very unique niche in the market place.

As the furniture is of such high quality, the business also generates income from hiring out its catalogue to Movie and TV set designers plus Stylists helping homes sell or for advertising shoots.

Key Points
• Recognised as one of a handful of Design Vintage Furniture specialists in Australia
• Centrally located near the CBD of Sydney
• Strong brand recognition across various sectors of furniture, fashion and Architecture
• Approximately 20% of income is generated by hire of furniture for various roles.

History

Established in 2000, the owners have grown the business from specialising in Light fittings and shades to cover asll types of furniture.

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