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Internal Ref: #103624
Summary
A privately owned and operated company specializing in the import of NDIS Compatible adjustable bed base products sold to national and local mattress and bedding retailers.
Location Details
National Distribution Network
Reason for Sale
The Business is being sold because the owners have started another non-competing business and are becoming stretched for time and resources to devote to both. They have chosen to sell the more established, readily saleable business to be able to develop the newer business.
About the Business
A privately owned and operated company specializing in the import of NDIS Compatible adjustable bed base products sold to national and local mattress and bedding retailers.
The Business also supplies furniture componentry consisting of recliner and lift mechanisms and sofa bed products to national commercial and SME furniture manufacturers and upholsterers.
Currently managed on a part time basis by a Husband abd Wife team from theit home office on the Sunshine Coast. Logistics are handled under contract by a 3rd party logistics warehouse in Brisbane.
They have built a significant and loyal customer base over its 11 years of operation. It has achieved this by supplying quality products, backed with superior customer service, training and support.
The Company have long term contracts with National customers and Exclusive Manufacture Supply Agreements in place with its overseas manufacturers to ensure continuity of both supply and demand.
Revenue: $2,000,000
PEBITDA $420,000
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